Allan, Sir Hugh Andrew Montagu
Sir Hugh Andrew Montagu Allan, banker, shipowner, sportsman (b at Montréal 13 Oct 1860; d there 26 Sept 1951), second son of Sir Hugh ALLAN. To avoid confusion with his cousin Hugh Andrew Allan (1857-1938), he changed his name to Hugh Montagu in 1878.
His business career began when at age 21 he entered the firm of Hugh and Andrew Allan, shipbrokers and builders. He was chairman of the ALLAN LINE of steamships, 1909-12, but his principal interest was in banking. He served as the last president of the Merchants' Bank of Canada, 1902-22. In 1921 it had 400 branches and assets of $190 million, but its loans were overextended and, to avoid its collapse, Allan arranged for its amalgamation into the Bank of Montreal. He was also president or director of numerous financial and manufacturing companies.
Allan was an enthusiastic sportsman and president of the Montreal Jockey Club for many years, his horses winning the QUEEN'S PLATE, the Montreal Hunt Cup and other trophies. He donated the ALLAN CUP, for competition in amateur hockey, in 1910. He was honorary lieutenant-colonel of the Black Watch (Royal Highland Regiment) of Canada, and was knighted in 1904.
Of his 4 children, his son was killed in WWI and 2 daughters drowned in the Lusitania sinking in 1915. The surviving daughter, Marguerite Martha Allan (1895-1942), founded the Montréal Repertory Theatre, an influential amateur dramatic group, between the wars.