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STEPHEN, Sir George, bart., Canadian capitalist, born in Dufftown, Banffshire, Scotland, 5 February, 1829. After passing some time as clerk in a mercantile house in London, he came to Canada in 1850 and entered the warehouse of William Stephen and Co., Montreal. In a few years he obtained a junior partnership, and on the death of his relative, William Stephen, in 1862, he purchased the latter's interest and became head of the firm. He was elected president in 1876 of the Bank of Montreal, in 1878 of the Manitoba and Minneapolis railway, and in 1881 of the Canadian Pacific railway, but resigned the latter post on 7 August, 1888. He was granted the confederation medal in 1885, and created a baronet in 1886 for his services in connection with the construction of the Canadian Pacific railroad. With his cousin, Sir Donald A. Smith. he founded in 1885 the Montreal scholarship of the Royal college of music, London, England.
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