The North West Trading Company was organized in

Portland Portland most commonly refers to: * Portland, Oregon, the largest city in the state of Oregon, in the Pacific Northwest region of the United States * Portland, Maine, the largest city in the state of Maine, in the New England region of the northeas ...

Oregon Oregon () is a U.S. state, state in the Pacific Northwest region of the Western United States. The Columbia River delineates much of Oregon's northern boundary with Washington (state), Washington, while the Snake River delineates much of it ...

, United States in 1879 by Paul Schulze and

Henry Villard Henry Villard (April 10, 1835 – November 12, 1900) was an American journalist and financier who was an early president of the Northern Pacific Railway. Born and raised by Ferdinand Heinrich Gustav Hilgard in the Rhenish Palatinate of the Kin ...

in order to do business in

Alaska Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Yup'ik: ''Alaskaq''; tli, Anáaski) is a state located in the Western United States on the northwest extremity of North America. A semi-exclave of the U.S., ...

. It established a trading post at Killisnoo in 1878; this soon grew to include a fish processing plant at the same site, the first one of its kind in the developing Alaska Territory for nearly forty years. Due to numerous factors, including a mild recession (including Grant's Panic of 1884), rapid expansion of the company, and the uncertain nature of railway markets, the company went into

receivership In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in ca ...

in 1888 and the trading station was sold to Alaska Oil and Guano.Southeast Alaska Herring Fishery Timeline
2015-01-11.

References

{{coord missing, Alaska Buildings and structures in Hoonah–Angoon Census Area, Alaska American companies established in 1879 American companies disestablished in 1888 Pre-statehood history of Alaska Trading companies of the United States