Maritime History of the Great Lakes

Montreal Transportation Co., 1868-1921, p. 7

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Allan family James Carruthers Capt. R. Fraser L.L. Henderson E.S. Jaques Kingman family Kinghorn family McLennan family Ogilvie family H.A. Calvin Richardson family Total 1909 242 387 18 105 59 281 504 2,112 750 0 0 4,458 1916 0 442 0 120 68 321 592 2,798 846 832 162 6,181 The total amount of authorized shares in 1909 was 7,000 and in 1916 was 7,279. The Allan family were ocean ship operators from 1819 until their fleet was bought by the Canadian Pacific Railway. Their fleet was finally consolidated with the Canadian Pacific Railway's in 1915. James Carruthers was a very large grain forwarder with interests in shipping. He was later a member of the Canada Steamship Lines syndicate. L.L. Henderson was managing director of Montreal Transportation Co. E.S. Jaques had been a Great Lakes shipping manager. G.M. Kinghorn had been one of the original investors in Montreal Transportation Co. Hugh and John McLennan were the founders of Montreal Transportation Co. The Ogilvie family were flour millers beginning in 1801 and later shipowners. The Calvins were timber forwarders, shipbuilders and shipowners until they traded their remaining fleet for Montreal Transportation Co. shares in 1914. In 1857 James Richardson got into the grain business in Kingston and was into shipping by 1866. The Richardsons had interests in Richelieu & Ontario Navigation Co. by 1913 and in Playfair's Great Lakes Transportation Co. Ltd. by 1922. Much later they ran Great Lakes freighters through their own Pioneer Shipping. Ltd. Hugh McLennan's son Lt. Col. Bartlett McLennan DSO was chairman of Montreal Transportation Co. when he was killed in action on 18 June 1916. R.M. Wolvin, a Winnipeg shipbroker, acquired shares in 1916. Later that year, Lawrence L. Henderson of Westmount Quebec, who was managing director of Montreal Transportation Co., was nominated by Wolvin to become president of the firm. Henderson sold the entire paid up capital stock of Montreal Transportation Co. Ltd. to Wolvin and to Joseph W. Norcross of Montreal who were both members of the Canada Steamship Lines syndicate. The price paid was $225 a share with a par value of $100. The stock was paying a 10% dividend at the time. Director's signatures were obtained 27-30 September 1916. 7

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