Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-10-20
NOTED CANADIAN
INSURANCE Chief
G|;AL|LIEI0lBlll DEATH |

Insurance men Of the territory have
heard with regret Of the death of Rob
ertson Macaulay, president Of the Sun
Life Assurance Company Of Canada.
The following Is taken from sketch
Of his LIE in an Insurance journal
Of Canada: " 80. 4 T.
The insurance world, without ex-
eeption, will learn, with regret of the
death Of Mr. Robertson Macaulay, the
president and the real creator OF the
Sun Life, Assurance Company Of Can
ada. His hest monument Is the Sun
life, which is easily the largest OF
Canada's life insurance institutions,
and which, Is probably destined to be
one OF, the greatest financial institu-
tons In the world. The best ,testi-
mony to his wottH as man IS IFS
long, successful and happy family LIE.
Like the elder Pitt, but unlike most
other eminent man, he ,bequeathed to
the Insurance world a son even more
eminent than himself, Mr.. T. B. Ma
caulay. His success was probably
due to tffe plain virtues Of industry.
perseverance, and thrift. aided by his
Celtic Imagination and .. very robust
courage. He revealed the faults of
the Celtic tei1perament sometimes, IN
an. explosive ,frnpattencA Of restraint,
But on the other hand he gave 3 great
ef display Of a diffefelt kind 81 re.
stfafnt by living for the Sun Life only;
and never allowing himself TO be
drawn aside into personal ambitious
ventures III other spheres, which his
position no doubt commanded, had he
30 wished He did not make the mis-.
take of living o machine-like life For
business only. He enjoyed his family
|Itss and was almost fer6ci6usIy proud
% his children. He lived, IN other
words, q Reil.baianeed existence. His
career IL summed up fl the
following words By those who knew
him well: -,
Mr.: Maeauiay was Of Scottish birth,
born at Frasetburgh, ON January 90,
1888. At the age of Fl he came to
Canada and entered the service Of the
Canada Life .of which he became
ACCOUNTANT. Sixteen years later, In
1870, lie severed his connection With
nat company to acc6pt the secretary
ship or the Mutual Life Assurance
whose headquarters were at
Hamilton. Here ne devoted his chief
attention to the organization and ex-
.ensfon Of the agency force, spending
much time in travel and keeping IN
lose personal touch with every sec.
ion of his companys field. HIS sue
,ess Id this work attracted attention
n other quarters, and IN July, 1874,
ie was persuaded to come to Montre-
Il and assume the secretaryship of
He sun Mutual Life Insurance Com
,any Of Montreal, which later became
he sun Life Assurance Company of
Haifada The Sun Company was at
hat time a young and struggling con-
;ern, and It had still hard battle be-
ore II. The advent of MIR. Macaulay
brought to it, however, the strong
rand that was needed to guide it
through the trying years Of its early
,areer, and under his able admnistra-
ion the company forged steadily
head until it assumed a place in the
,ery forefront Of Canadian life assur- |
nee ORGANIZATIONS. In 1876 Mr.. Ma
aulay was appointed manager Of the
'un, and in 1887 he became managing
irector. A few years ago he relins|
uished the latter office, which has
fnce been ably filled by his son, Mr..
;. B. Maeaulay.
Mr.. Macaulay was perhaps the most |
lidely known and most highly esteem |
a man connected with the life insur-
nee profession in Canada, and was |
lso held in high regard. in life assur' |
nee circlas thrnI1phont the world