Arthur James Nesbitt (August 19, 1880 - October 24, 1954) was a Canadian businessman and philanthropist who was a cofounder of Nesbitt, Thomson and Company stockbrokerage and the Power Corporation of Canada. August 19 is the 231st day of the year (232nd in leap years) in the Gregorian Calendar. ... 1880 (MDCCCLXXX) was a leap year starting on Thursday (see link for calendar). ... October 24 is the 297th day of the year (298th in leap years) in the Gregorian Calendar, with 68 days remaining. ... 1954 (MCMLIV) was a common year starting on Friday of the Gregorian calendar. ... A philanthropist is someone who devotes his/her time, money, or effort towards helping others. ... A stock broker or stockbroker or stock brokerage is someone or a firm who performs transactions in financial instruments on a stock market as an agent of his/her/its clients who are unable or unwilling to trade for themselves. ... Power Corporation is a major Canadian company with interests in a number of industries, such as media, pulp and paper, and finance. ...

Born in Saint John, New Brunswick, Arthur Nesbitt first worked as a dry goods salesman, peddling products to area merchants. During the course of his travels he met Peter Thomson, a pickle salesman for the Canadian arm of the H. J. Heinz Company. The two struck up a friendship and would promote each other to their customers. Nesbitt would get his big break when he met Max Aitken, a brillant young business investor who went on to become a newspaper magnate in Great Britain best known by his title, Lord Beaverbrook. Impressed with Nesbitt's business savvy and marketing skills, Aitken hired him to work for his Royal Securities Corporation stockbrokerage. After undergoing training at the stockbrokerage office in London, England, in 1906 Aitken sent Arthur Nesbitt to open a Royal Securities office in Montreal, Quebec, the then financial center of Canada. Saint John is the largest city in the province of New Brunswick. ... A good in economics is any object or service that, upon consumption, increases utility, and therefore can be sold at a price in a market. ... A jar of pickled cucumbers. ... H. J. Heinz Company (NYSE: HNZ), commonly known as just Heinz, famous for both its 57 Varieties slogan and its British commercial jingle Beanz Meanz Heinz, was founded in 1869 by Henry John Heinz in Sharpsburg, Pennsylvania, United States. ... William Maxwell Max Aitken, 1st Baron Beaverbrook, PC (May 25, 1879 – June 9, 1964) was a Canadian – British business tycoon and politician. ... The word investor may refer to: A person who makes investments Investor AB, a Swedish investment company institutional investor corporate investor This is a disambiguation page, a list of pages that otherwise might share the same title. ... For other uses, see London (disambiguation). ... Royal motto (French): Dieu et mon droit (Translated: God and my right) Englands location (dark green) within the United Kingdom (light green), with the Republic of Ireland (blue) to its west Languages English Capital London Largest city London Area – Total Ranked 1st UK 130,395 km² Population – 60,609... This article needs cleanup. ...

Arthur Nesbitt prospered while working for Royal Secuities in Montreal and by 1910 was married with two sons and had purchased a small home at 578 Lansdowne Ave. in fashionable Westmount. His continued business success would allow him to later build a mansion at 41 Forden Avenue in Westmount. Westmount is a city in southwestern Quebec, Canada on the Island of Montreal, an enclave of the city of Montreal; pop. ...

During his time at Royal Secuities, Nesbitt remained in touch with his friend Peter Thomson and the two decided to open up their own stockbrokerage. They formed Nesbitt, Thomson and Company in 1912 and simultaneously opened offices in Montreal and Hamilton, Ontario. Their business prospered as a provider of financing for the burgeoning mining and natural resource industries plus they achieved significant success underwriting stock and bond issues for the many new electric power generating companies that were springing up across the country. Their success was such that by 1925 Nesbitt, Thomson and Company held major equity positions in a number of major electric utilities and the two partners established Power Corporation of Canada as a holding company for their substantial interests with Arthur Nesbitt serving as its first president. Motto: Together Aspire - Together Achieve Motto: Steel City Area: 1,117. ... The El Chino Mine located near Silver City, New Mexico is an open-pit copper mine This article is about mineral extraction. ... Electric power is the amount of work done by an electric current in a unit time. ... Power Corporation is a major Canadian company with interests in a number of industries, such as media, pulp and paper, and finance. ...

Arthur Nesbitt and his partner built their brokerage house into one of the largest and most successful in Canada becoming enormously wealthy in the process. Widely respected in the business community for his honor and integrity, Nesbitt was an earnest member of the Plymouth Brethren church. He supported various benevolent causes and made a very substantial gift in memory of his parents in the form of the tuberculosis sanitarium for children as an addition to the hospital in his New Brunswick hometown. To meet Wikipedias quality standards, this article or section may require cleanup. ... Tuberculosis (commonly abbreviated as TB) is an infection caused by the bacterium Mycobacterium tuberculosis, which most commonly affects the lungs (pulmonary TB) but can also affect the central nervous system (meningitis), lymphatic system, circulatory system (Miliary tuberculosis), genitourinary system, bones and joints. ... There are a few meanings of Sanitarium: A sanitarium can be a psychiatric hospital. ... Motto: Spem reduxit (Hope restored) Official languages English, French Capital Fredericton Largest city Saint John Lieutenant-Governor Herménégilde Chiasson Premier Bernard Lord (PC) Parliamentary representation  - House seat  - Senate seats 10 10 Area Total  â€¢ Land  â€¢ Water    (% of total)  Ranked 11th 72 908 km² 71 450 km² 1 458 km...

In 1927, Arthur Nesbitt purchased the Ogilvy department store in Montreal that his son James Aird would successfully run for more than fifty years. Nesbitt's second son, Arthur Dean, would follow in his father's footsteps at the helm of the family's brokerage/investment business. Ogilvy (La Maison Ogilvy in French), also known as Ogilvys, is a prominent department store in Montreal, Quebec, Canada, where its store on Saint Catherine Street is a retail landmark. ... Interior of a typical Macys department store. ...

On his passing in 1954, Arthur James Nesbitt was interred in the Mount Royal Cemetery in Montreal. In 1989 his grandson A.R. Deane Nesbitt published his life story. Mount Royal Cemetery Opened in 1852, Mount Royal Cemetery is a 165-acre (668 000 m²) terraced cemetery on the north slope of Mount Royal in Montreal, Quebec, Canada. ...

References

• Nesbitt, A. R. Deane. Dry goods & pickles: The story of Nesbitt, Thomson (1989) (Nesbitt – Toronto) ISBN 0969414803