in 1941 and was interred in the Mount Royal Cemetery in Montreal. His comparatively modest home on Stanley Street in Montreal's Golden Square Mile was demolished after his death. Following its formation in 1979, Herbert Holt's significant contribution to the Canadian economy was recognized through his election to the Canadian Business Hall of Fame. Reputation However, Holt was also one of the richest and most reviled Montrealers of his time. When his death was announced at a baseball game in 1941, the crowd cheered. To many French Canadians, Holt was the epitome of 'les maudits anglais' ('the damned English'). Herbert is remembered for being a harsh banker who enjoyed large profits while the common man suffered during the great depression. In his own words, "If I am rich and powerful, while you are suffering the stranglehold of poverty and the humiliation of social assistance; if I was able, at the peak of the Depression, to make 150% profits each year, it is foolishness on your part, and as for me, it is the fruit of a wise administration." Family In 1890, Holt married Jessie, the eldest daughter of Andrew Paton (1833-1892) of Sherbrooke, Quebec. The Holts kept three houses: One at 297 Stanley Street in Montreal's Golden Square Mile; another called Ballycrystal House, near Nassau in the Bahamas; and a third called Send Grove, near Woking in England. He also built a summer residence at 42 Summit Crescent in Westmount at the beginning of the 20th century. The Holts were the parents of three sons: Major Herbert Paton Holt (1890-1971) M.C., M.P., educated at the Royal Military College of Canada, he inherited Send Grove and Ballycrystal. He fought in both world wars and wrote a history of his regiment, the 3rd Dragoon Guards. He kept a house in Mayfair, London and in 1927 he purchased Lackham Manor, Wiltshire, for £78,000. He was High Sheriff of Wiltshire and Member of Parliament for Upton, Essex. He married Elizabeth, daughter of George Lighthall Cains of Montreal and his wife Amy, sister of Percy Cowans of Montreal. One of their two daughters, Elizabeth, is the widow of John Vavasseur Fisher, 3rd Baron Fisher. Their only son, Lt. George Herbert Holt, was killed in the Second World War. Major Andrew Paton Holt (1893-1964), named for his maternal grandfather, he was educated at the Royal Military College of Canada. He successfully succeeded his father in many