Lovers of the Horse 



II 



JAMES CARRUTHERS 



V Eli's r.ire. indeed, is the iii;m who can eonihine Imsiness with racing and make 

 l)«)tii pay. We have many cxamph's in ("anachi and the I'nited States of rich 

 men who, wishing for tlie rehixation wliich comes to the followers of the turf, 



have spent a great deal of money in thoronghhreds without ever being able to make 



the sport pay. We have also many men who make a business of the turf, and who 



get a comfoi-table revenue from the sport. 



Hut the business man who gathers together a string of race-horses, y-ets all the 



pleasure from racing them at convenient 



places, and still makes his pastime a fin- ^ 



ancial success, is not often found. Mr. 



Carruthers, however, has been racing for 



a dozen years, and it is doubtful if he 



has ever had a losing season. 



James Carruthers was born in the 



City of Toronto in the year 1853. 



where he made his home for tlie earlier 



part of his life, afterwards moving to 



Montreal, where he has spent the last 



few years. He was educated at the 



(irammar School, Toronto, from there 

 going into Ijusiness. His first venture 



was with a grain exporting hrni. He 

 took advantage of every opportunity 

 offered to him, and gained a more 

 practical knowledge of this particular line 

 in the business world than the majority 

 of men. He started in business for him- 

 self early in life, and the firm grew so 

 rapidly that a company was formed, of 

 which 'Sir. Carruthers was made presi- 

 dent, holding this office at the time of 

 writing. IJeing interested in the far 

 west, a branch office of the James 



Carruthers Company was opened at Winnijjcg, and later at Montreal, 

 probaiily no better known or thought of business man in the Dominion of Canada 

 than the subject of this sketch, who is interested in many large concerns outside of 

 his own company. Mr. (\irruthers is President of the Toronto and Montreal Steam- 

 boat Company, the Hiram L. Piper Comjjany, the Montreal Contracting Companv, 

 the Montreal and T.ake Erie Stcaml)oat Company, a Director of the Dominion 

 Bank, the Royal Marine Insui-ance Comi)an\. the St. Lawrence and Chicajro Navio-a- 



James C.'\rrutheks 



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lere is 



