John Munro Bruce
John Munro Bruce was an Australian businessman. He was born in Ireland to Scottish parents and arrived in the colony of Victoria at the age of 18. He became the managing director and eventual majority shareholder in Paterson, Laing & Bruce, one of Melbourne's leading softgoods firms. He also held a number of civic positions, including as the founding club captain of the Royal [Melbourne Golf Club]. His son Stanley Bruce became prime minister of Australia.
Early life
Bruce was born on 10 October 1840 in Brooklawn, County Leitrim, Ireland. He was the son of Mary and George Williamson Bruce. His family was Scottish, originating in East Ayrshire. After his father's early death, Bruce was sent to Scotland to attend Madras College in St Andrews. He rejoined his mother in Newry in 1853 and was apprenticed to Henry Hawkins & Co., a linen firm. He was largely self-educated, as was his brother William Duff Bruce who became a civil engineer in India.Business career
With few prospects in Ireland, Bruce decided to immigrate to Australia after completing his apprenticeship. He arrived in Melbourne in December 1858 aboard the Ellen Stuart. He joined Laing & Webster in 1860, and was a partner by 1868. In 1878, he joined a softgoods firm which became Paterson, Laing & Bruce, with himself as managing partner. By 1883 its warehouse was the largest in Victoria. Bruce was the president of the Warehousemen's Association and the Softgoods Association. He led the business through the depression associated with the Australian banking crisis of 1893, but lost much of his personal fortune.In 1897, Bruce bought out his partners with the aid of the Bank of New South Wales, which loaned him £100,000. He subsequently floated Paterson, Laing & Bruce as a limited liability company with himself as chairman of the board and majority shareholder. In 1899, he acquired two other existing businesses in other cities – Lark Sons & Co. in Sydney and R. Lewis & Sons in Hobart – and expanded the company's warehouse on Flinders Lane.
Marriage and family life
Bruce married Mary Ann Henderson on 28 May 1872. The couple had five children together: Mary, Ernest John Webster, William Crawford, Robert Laing, and Stanley Melbourne. His youngest son became the eighth prime minister of Australia. Stanley remembered his father as aloof and stern with his children, although with a charming, genial, and urbane public persona.In 1883, Bruce purchased of land in Toorak. He built a thirty-room Italianate mansion named Wombalano, at a cost of £20,000. According to The Australasian in 1891, it was positioned "on the crown of the hill at Toorak, commanding one of the finest panoramas in the neighbourhood of Melbourne". The property contained a lengthy carriage-drive, tennis court, stables, coach-house, and gardens. In the summer the family retreated to a "country residence" at Scoresby. Bruce sold Wombalano due to financial difficulties in the early 1890s.