 Meredith's share made him a principal shareholder, and he had a major influence on how the Ritz-Carlton Hotel was run, and its future.In 1893, Meredith married Elspeth Hudson Angus (1858–1936), the eldest daughter of Richard B. Angus, who was a co-founder of the Canadian Pacific Railway and served as president of the Bank of Montreal.As a wedding present, Richard Angus commissioned architect Edward Maxwell to build the newlyweds a home known as "The Gatehouse" at 3674 Peel Street in Montreal (which still stands as part of the McGill Faculty of Law, known as the Angus-McIntyre House).