Former Pupil
Biographies
David Robertson Forgan (1856-1931)
David R. Forgan was an internationally
renowned banker, a world-class golfer, and a master storyteller.
David Robertson Forgan, it was said, was born with a golf club in his
hand. First of all, he was born in the birthplace of golf, St.
Andrews, Scotland on April 16, 1862. His father was Robert Forgan a
master golf club manufacturer; his mother was Elizabeth, nee Berwick.
Robert Forgan (1824-1900) was founder and owner of the Forgan Golf
Club Company at St. Andrews, Scotland.
In 1877 when David was fifteen years old, he applied for a job as
messenger at the Clydesdale Bank in St. Andrews on the recommendation
of his Sunday-school teacher who was an officer of the bank. He stayed
with the Clydesdale bank for three years, after which he left Scotland
for North America.
Once he got started in banking his rise through the ranks was
meteoric. He went first to Nova Scotia where he was hired by the Bank
of Nova Scotia. He held several positions with the Bank of Nova
Scotia, first at Halifax, then at Winnipeg, and finally at
Fredericton, New Brunswick. |
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On June 9, 1885, David Forgan married Agnes (Aggie) Kerr
in Winnipeg, Manitoba. In 1888, the Forgans moved to the United States,
where David took a position as Assistant Cashier of the American Exchange
Bank in Duluth, Minnesota. In May of 1886 their first son, Robert, was
born. He was followed by Marion (December, 1887), Ethel (June, 1889),
David Jr. (October, 1891), and James (March, 1900).
In 1890 Forgan joined the Northwestern National Bank in Minneapolis. In
1896 he came to Chicago as a vice president of the Union National Bank and
was made its president two years later. In 1900 the Union National Bank
merged with the First National Bank where his brother, James B. Forgan was
president. David Forgan became its president from 1907 to 1925 when it
merged with the National Bank of the Republic where he became Vice
Chairman and continued after it merged with the Central Trust to become
the Central Republic Bank and Trust where Forgan served with James E. Otis
as co-chairmen of the board of directors.
When the Forgan family came to Chicago in 1896 they settled in Evanston.
They lived in a beautiful house that still stands at 1112 Greenwood.
As well known as David R. Forgan was as a banker, he was
equally well known as a golfer. As mentioned above, he was born at St.
Andrews, Scotland and his family owned the Forgan Golf Club Company.
Growing up in that atmosphere David Forgan took his golf seriously and did
not neglect it during his rise in the banking profession. In 1899 he won
the first annual western amateur golf championship at the Glenview Country
Club.
David R. Forgan is best remembered today as the author of "The Golfer's
Creed" which was part of a speech he gave in 1899:
The Golfer's Creed
GOLF is a science,
the study of a lifetime in which you may
exhaust yourself but never your subject.
It is a contest, a duel or a melee,
calling for courage, skill, strategy and self-control.
It is a test of temper, a trial of honour, and a revealer of character.
It affords a chance to play the man and act the gentleman.
It means going into God’s out-of-door, getting close to nature,
fresh air, exercise, a sweeping away of mental cobwebs,
genuine recreation of tired tissues.
It is a cure for care, an antidote to worry.
It includes companionship with friends, social intercourse,
opportunities for courtesy, kindliness and generosity to an opponent.
It promotes not only physical health but moral force.
David Robertson Forgan died on December 26, 1931 at the
age of 69 at his home in Evanston after a three week illness. A
gall-bladder complaint led to pleurisy which brought about a heart attack
early in the day of the 26th. He succumbed at 1:15 p.m.
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The 'Old Boys Chronicle' in the
Madras College Magazine
for December 1904
reports:
"In other spheres of life we have ... Mr James B Forgan and Mr David R
Forgan, who hold high positions in banking circles in the United States of
America; ..."
The 'Old Boys Chronicle' in the
Madras College Magazine
for December 1905
reports:
"Former pupils of the Madras College flourish all the world over, and the
latest pre-eminent in their ranks has occurred on American ground. Mr.
James B. Forgan, who has obtained to one of the most desirable posts in
the United States banking circles, has been offered the Presidency of the
New York Mutual Life Assurance Company, an appointment which carries with
it, we understand, a princely income. Mr. Forgan has, however, declined
the appointment. He holds the office of President of the First National
Bank, Chicago, and his duties and associations in that town have had for
him preferable claims. He is regarded with the utmost esteem in the vast
community in which he has settled. His younger brother, Mr. David R.
Forgan, also a former Madras boy, is Vice President of the same Bank. They
are brothers of our much-esteemed townsman, Mr. Thomas B. Forgan."
David and James Forgan 1915
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