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Known as "John F.", he studied at Dalhousie University and then entered the management of the family's vast business empire. He was elected to the Nova Scotia Legislative Assembly in 1879, resigning in 1882 to successfully run for election to the Canadian House of Commons in Ottawa where he served as a Conservative Party member until 1896Events January 4 Utah is admitted as the 45th U. January 5 An Austrian newspaper reports that Wilhelm Rontgen discovered a type of radiation later known as X-rays. January 12 H. Smith takes the first X-ray photograph. January 18 The X-ray machine is exhib.
Stairs was president of many companies, including Nova Scotia Steel, Eastern Trust, Trinidad Electric (B.W.I.) and Royal Securities. He served as director of the Dartmouth and Halifax Steamboat Company, Nova Scotia Sugar Refining, the Union Bank of HalifaxThe Union Bank of Halifax was granted a charter by the government of Canada in 1856 and established its head office at the corner of Hollis and Prince Streets in the port city of Halifax, Nova Scotia. The driving force behind the bank, and its first chair, Consumer Cordage, and during his lifetime, came to dominate the financial elite of the Maritime provinces.
He also employed Max Aitken (later, Lord Beaverbrook) at the beginning of Aitken's business career, hiring him in 1902 when he set up Royal Securities, the first investment firm in Eastern Canada. Max Aitken was at Stairs' bedside when he passed away in Toronto, OntarioFor alternate meanings of Toronto, see Toronto (disambiguation). City of Toronto, Ontario, Canada (in detail) (in detail) Motto: Diversity Our Strength Area: 641 sq. Distance East to West: 43 km. Distance East to West: 21 km. Population Total (2001) Cdn., where he was buried in the Mount Pleasant CemeteryMount Pleasant Cemetery is a famous cemetery located in Toronto, Ontario, Canada. In the early 1800s, the only authorized cemeteries within the city of Toronto (then known as York) were limited to the members of either the Church of England or the Roman C.