James H. Dunn
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James H. Dunn
Sir James Hamet Dunn, 1st Baronet (October 29, 1874 – January 1, 1956) was a Canadian financier and industrialist during the first half of the 20th century. He is recognized chiefly for his 1935 rescue and subsequent 20-year presidency and proprietorship of Algoma Steel. Early life Dunn was born in the village of St. Peter's, now amalgamated into Bathurst, New Brunswick, Canada. His father owned a shipbuilding company whose fortunes had been all but wiped out by the sharp decline in the demand for wooden ships, and died when he fell into the harbour when James was an infant. His widowed mother, who was a particularly devout member of St. Luke's Presbyterian church, raised him on her meager earnings as a telegraph clerk. The bereft family also had help from the Fergusons, owners of a large farm, where his mother exchanged household duties for room and board. In his posthumous biography, boyhood and lifelong friend Max Aitken, 1st Baron Beaverbrook remarks on Dunn's exposure to t ...
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Algoma Steel
Algoma Steel Inc. (formerly Algoma Steel; Essar Steel Algoma) is an integrated primary steel producer located on the St. Marys River in Sault Ste. Marie, Ontario, Canada. Its products are sold in Canada and the United States as well as overseas. Algoma Steel was founded in 1902 by Francis Clergue, an American entrepreneur who had settled in Sault Ste. Marie. The company emerged from bankruptcy protection in 2004. In April 2007, Algoma Steel was purchased by India's Essar Group for US$ 1.63 billion, continuing operations as a subsidiary known as Essar Steel Algoma Inc. It was purchased again in 2017, by a group of US investors. In May 2021, it was announced that Algoma "was to become a public company again" as it had agreed a merger with New York-based acquisition firm Legato Merger Corp, which is a NASDAQ-listed special-purpose acquisition company. The deal would give Algoma just over $1.1 billion US worth of new shares in Legato. History Construction of the steelworks start ...
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Brokerage Firm
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate or stock broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base of buyers and sellers. They then screen these potential buyers or sellers for the perfe ...
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São Paulo Tramway, Light And Power Company
São Paulo Tramway, Light and Power Company, also known as Light São Paulo or simply Light (), was a privately owned utility company operating in São Paulo, Brazil from 1899 until 1981. History Canadians William Mackenzie and Frederick Stark Pearson founded the São Paulo Tramway, Light and Power Company in 1899. In 1900 Light São Paulo began operating the first tram line in the city of São Paulo which ran to Barra Funda. Work began in 1901 on the hydroelectric plant in Santana de Parnaíba. It opened in 1905. In 1905 the company installed the first electric street lights on Rua Barão de Itapetininga. In 1906 the company constructed a reservoir at Guarapiranga. In 1907 they installed 50 more lights on Rua Direita, Rua 15 de Novembro, and Rua São Bento. The company signed a contract with the state of São Paulo for the first time in 1911. By 1916 they had installed 8,605 gas lights and 864 electric street lamps in the city. Successors SPTL&P's tramways were acquire ...
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Switzerland
). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel, St. Gallen a.o.). , coordinates = , largest_city = Zürich , official_languages = , englishmotto = "One for all, all for one" , religion_year = 2020 , religion_ref = , religion = , demonym = , german: Schweizer/Schweizerin, french: Suisse/Suissesse, it, svizzero/svizzera or , rm, Svizzer/Svizra , government_type = Federalism, Federal assembly-independent Directorial system, directorial republic with elements of a direct democracy , leader_title1 = Federal Council (Switzerland), Federal Council , leader_name1 = , leader_title2 = , leader_name2 = Walter Thurnherr , legislature = Fe ...
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Merchant Bank
A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant". Few banks today restrict their activities to such a narrow scope. In modern usage in the United States, the term additionally has taken on a more narrow meaning, and refers to a financial institution providing capital to companies in the form of share ownership instead of loans. A merchant bank also provides advice on corporate matters to the firms in which they invest. History Merchant banks were the first modern banks. They emerged in the Middle Ages from the Italian grain and cloth merchants community and started to develop in the 11th century during the large Eur ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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Frederick Stark Pearson
Frederick Stark Pearson (July 3, 1861 – May 7, 1915) was an American electrical engineer and entrepreneur. Biography Dr. Frederick Stark Pearson was the son of Ambrose and Hannah (Edgerly) Pearson. He graduated from Tufts University in 1883 with an A.M.B. and received an A.M.M. degree one year later. Previously, for one year (1879–80), he was instructor in chemistry in the Massachusetts Institute of Technology; later (1883–86), he was instructor in mathematics and applied mechanics at Tufts College. From college, he went on to develop the electric transportation system in Boston and, with electric powered streetcars of major importance, in 1894 he was appointed the head engineer for Metropolitan Street Railways in New York City. Pearson built a reputation as an innovative electrical engineer in the United States and he was soon contracted by governments and businesses as a consulting engineer for power generating stations throughout North America. A man with great busines ...
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Izaak Walton Killam
Izaak Walton Killam (July 23, 1885 – August 5, 1955) was a Canadian financier. Early life Born in Yarmouth, Nova Scotia, he was the son of William Dudman Killam and Arabella Hunter (Belle) Cann. Business ventures As a young banker with the Union Bank of Halifax, Killam became close friends with John F. Stairs and Max Aitken (Lord Beaverbrook) who put Killam in charge of his Royal Securities. In 1919, Killam bought out Aitken and took full control of the company. Killam's business dealings primarily involved the financing of large pulp and paper and hydro-electric projects throughout Canada and Latin America. Killam was believed to be the richest man in Canada at the time. One of his larger projects in his native province was the creation of the Mersey Paper Company Ltd. and its related electrical generating stations and shipping fleet. In 1922 he married Dorothy Brooks Johnston. Notwithstanding his prodigious financial accomplishments, Killam was a very reserved man wh ...
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Henry Pellatt
Major general, Major-General Sir Henry Mill Pellatt, Commander of the Royal Victorian Order, CVO (January 6, 1859 – March 8, 1939) was a Canadian financier and soldier. He is notable for his role in bringing hydro-electricity to Toronto for the first time, and also for his large château in Toronto, called Casa Loma, which was the biggest private residence ever constructed in Canada. Casa Loma would eventually become a well-known landmark of the city. His summer home and farm in King City, Ontario, King City later became Marylake Augustinian Monastery. Pellatt was also a noted supporter of the Boy Scouts of Canada. His first wife, Mary Pellatt, Mary, was the first Chief Commissioner of the Girl Guides of Canada. Early life and family Pellatt was born in Kingston, Ontario, Kingston, Canada West (now Ontario), the son of Henry Pellatt (1830–1909), a Glasgow-born stockbroker in Toronto, and Emma Mary Pellatt (''née'' Holland). His great-grandfather was the glassmaker Apsley P ...
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George Alexander Drummond
Sir George Alexander Drummond, (11 October 1829 – 2 February 1910) was a Scottish-Canadian businessman and senator. Life and career Born in 1829 at Edinburgh, he was a younger son of the entrepreneurial stonemason, building contractor and city councillor, George Drummond, by his wife Margaret Pringle (b.c.1790). Drummond studied chemistry at Edinburgh University before coming to Montreal in 1854 to work for his brother-in-law, John Redpath, at Redpath Sugar.A Gentleman of Substance: The Life and Legacy of John Redpath (1796-1869) by Richard Feltoe He married John Redpath's daughter, becoming a co-director of the family business with Peter Redpath, John's son. After the death of his first wife in 1884, he re-married Grace Parker, widow of the Rev. George Hamilton (brother of John Hamilton). Lady Drummond served as the first president of the Montreal National Council of Women of Canada (http://www.mcw-cfm.org/history.htm), as well as President and co-founding member o ...
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Richard Bedford Bennett
Richard Bedford Bennett, 1st Viscount Bennett, (July 3, 1870 – June 26, 1947), was a Canadian lawyer, businessman, philanthropist, and politician who served as the 11th prime minister of Canada from 1930 to 1935. Bennett was born in Hopewell Hill, New Brunswick, and grew up nearby in Hopewell Cape. He studied law at Dalhousie University, graduating in 1893, and in 1897 moved to Calgary to establish a law firm in partnership with James Lougheed. Bennett became very rich due to the law practice, various investments, and taking on leadership roles in multiple organizations; he was one of the wealthiest Canadians during his time. On the political side, Bennett served in the Legislative Assembly of the Northwest Territories from 1898 until 1905, when he briefly held the post as the inaugural leader of the Alberta Conservative Party. He later served in the Alberta Legislature from 1909 to 1911, resigning upon his election to the House of Commons. Bennett declined to run fo ...
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Cuba Railroad Company
Ferrocarriles de Cuba (FCC) or Ferrocarriles Nacionales de Cuba (English: National Railway Company of Cuba), provides passenger and freight services for Cuba. Route network Ferrocarriles de Cuba uses that extends from Guane (province Pinar del Río) in the westernmost part of the island up to the bay of Guantánamo in the eastern part. The Central railway runs from Havana to Santiago de Cuba in the eastern region. Most of the system is diesel-powered with electrified. The flagship Train Number 1 travels between Havana and Baracoa. Other long-distance passenger services link Havana to Pinar del Río (western railway), Cienfuegos (South branch), Sancti Spíritus, Bayamo-Manzanillo and Guantánamo. The network connects the six first-level ports in Cuba: Havana, Mariel, Matanzas, Cienfuegos, Nuevitas and Santiago de Cuba, as well as all provincial capital cities. The Hershey Electric Railway is an electrified railway from Havana to Matanzas that was built by the Hershey Company ...
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