The Tay Salmon Fisheries Company was established in 1899 by P.D. Malloch who bought up the fishing rights along the river and estuary. By bringing them under one umbrella it became one of the biggest such operations in the country.
Malloch may be said to have gone further than any other man in explaining the life history of salmon and trout. His knowledge of the movement of these fish and of the flies and insects consumed by the latter was vast. In his later years he became a great authority on all matters relating to salmon and trout.
He was the first to study the importance of scale markings on salmon, and proved that every period passed in river or sea could be explained by markings on the scale themselves. With his encyclopaedic knowledge of insect life, it is not surprising that he achieved much renown as a fisherman.
Today's Chairman David Clarke has also the Tay running through his veins. As a young lad he would help repair the nets and carry out routine work with his Grandfather David Bissett who was Gaffer at the Flukie fishing station. After receiving his first wage packet from the company at the age of seven the passion would see him acquire The Tay Salmon Fisheries Company several decades later. With the netting now ceased on the Tay until 2096 it was clear that the habitats were being lost on the riverside due to no maintenance being carried out by the netsmen. It was at this point David Clarke turned his thoughts to ways of making the river sustainable - paying for itself by becoming an environmental / leisure / craft-based organisation.