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The Algoma Iron Mining Company , originally part of the industrial complex in Sault Ste. Marie developed by Francis H. Clergue, was incorporated in Minnisota on November 20, 1902. It was a wholly owned subsidiary of the Algoma Commercial Company and its articles of incorporation stated that it was to carry out mining and working of iron ores and other minerals and the manufacture of iron, steel, copper and other metals. The Woodbridge Mine in Minnesota was held by the Algoma Iron Mining Company. In 1912 with the creation of the Algoma Steel Corporation, the assets of the Algoma Commercial Company were transferred to the Algoma Steel Corporation including those of the Algoma Iron Mining Company. The company was eventually dissolved.

Algoma Steel Products Limited was incorporated in 1911 in Manitoba by the Algoma Steel Corporation in Sault Ste. Marie. Its head office was in Winnipeg and it was formed to give the Algoma Steel Corporation a sales agency which was licensed to operate in Quebec and the western provinces.

The Algoma Consolidated Corporation was incorporated in 1931 to replale the Lake Superior Corporation as the holding company for the companies which had been part of the industrial complex developed in Sault Ste. Marie by Francis H. Clergue. The Scheme of Arrangement which became operational on June 15, 1931 was very complex. Through a series of agreements the Lake Superior Corporation lost all of its interests in the Algoma Central and Hudson Bay Railway and on third of its assets in all the other subsidiary companies and the shareholders of the Lake Superior Corporation acquired two thirds of the stock of the Algoma Consolidated Corporation. The Scheme of Arrangement failed when the Lake Superior Corporation's main asset, the Algoma Steel Corporation went into receivorship in 1932. In 1934, Sir James Dunn enlarged his control over the Algoma Steel Corporation and reorganized the company with the incorporation of Algoma Steel Corporation (1934). In 1936 Sir James Dunn moved to purchase any outstanding Lake Superior Corporation bonds and then wound up both the Lake Superior Corporation and the Algoma Consolidated Corporation in 1939.

Algoma Ore Properties Limited was incorporated with Ontario Letters Patent in February 1936. It was a wholly owned subsidiary of Algoma Steel Corporation in Sault Ste. Marie and had the power to carry on the business of mining, to manufacture iron and steel and to sell products so produced and carry on the business of transporting its products. The Algoma Ore Properties Limited was also authorized to acquire any assets of Algoma Steel Corporation including its mining properties. In 1934 Sir James Dunn introduced his plan to develop iron ore from the Michipicoten Range and reopen the Helen Mine which had been closed in 1921. On July 28, 1939 Algoma Ore Properties Limited produced its first ton of sintered ore just a month prior to the outbreak of WW II. In 1950 an underground mine was opened at the Helen Mine site, one of the few in the world. In 1960, Algoma Ore Properties Limited was wound up and became the Algoma Ore Division of the Algoma Steel Corporation. On December 10, 1997, the decision to close down its mining operations in Michipicoten was made and the mines were closed in June, 1998.

The American Lake Superior Power Company was incorporated in January 1887 by a special act of the General Assembly of the State of Connecticut to construct and operate power canals. The company was part of the indistrial complex developed by Francis H. Clergue in Sault Ste. Marie. Michigan properties owned by the Lake Superior Power Company were transferred to the new company in June 1898. All common shares were held by the Lake Superior Power Company. In June 1898 the name of the American Lake Superior Power Company was changed to the Consolidated Lake Superior Company.

Originally part of the industrial complex developed in Sault Ste. Marie by Francis H. Clergue, the British America Express Company was created as a subsdiary of the Algoma Central and Hudson Bay Railway Company in 1900. It carried all the rail express for the Algoma Central and Hudson Bay Railway Company and the Manitoulin and North Shore Railway. The Manitoulin and North Shore Railway acquired a quarter interest in the British America Express Company but by 1902 all stock was in the hands of the Consolidated Lake Superior Company. After the 1904 reorganization, it became a subsidiary of the Lake Superior Corporation. The company earned a small but steady profit every year until it was wound up in 1931.

The Canadian Improvement Company Limited was formed in 1904 by Francis Hector Clergue and others to underwrite the bonds of the Lake Superior Corporation. The Lake Superior Corporation was the new holding company for Clergue's industrial complex in Sault Ste. Marie, often referred to as the Allied Companies. The Lake Superior Corporation succeeded the Consolidated Lake Superior Company which went into bankruptcy in 1904. Together with the Reorganization Committee, the Canadian Improvement Company negotiated with the Government of Ontario for a loan guarantee of $2,000,000. In return for the loan guarantee the Canadian Improvement Company undertook to complete and operated the Algoma Central and Hudson Bay Railway and pay off the liabilities of all the Allied Companies. In 1908 the Canadian Improvement Company Limited was facing default on the loan and was bought out by the Lake Superior Investment Company of New Jersey of which Sir James Dunn had a financial interest. With this purchase, English interests took control of the Lake Superior Corporation from American interests.

The Cannelton Coal and Coke Company was incorporated in West Virginia on May 31, 1910. On this same date the Lake Superior Corporation purchased from the Cannelton Coal Company ( a different company ), almost 6000 acres of coal lands and then transferred this property to the new Cannelton Coal and Coke Company. With the formation in Sault Ste. Marie of the Algoma Steel Corporation in 1912, the Lake Superior Corporation transferred all the Cannelton Coal and Coke Company stock to to Algoma Steel Corporation. A series of strikes between 1922 and 1925 closed the mines and hampered production. In 1925 union control of the mines was broken and the mines reopened on a non unuin basis. In the 1930's six natural gas wells were drilled which supplied gas to the compnay houses and surrounding district. During the 1940's the company leased 9,400 acres of adjoining property and the Lady dunn Mine was developed.

The American Lake Superior Power Company was incorporated in January 1897 by a Special Act of the General Assembly o the State of Connecticut to construct and operate power canals. Michigan properties owned by the Lake Superior Power Company were transferred to the new company in June 1897. All common shares were held by the Lake Superior Power Company. In June 1898 the name of the American Lake Superior Power Company was changed to the Consolidated Lake Superior Company. In 1899 the charter of the Consolidated Lake Superior Company was broadened and in 1900 the stocks of the Michigan Lake Superior Power Company, Sault Ste. marie Pulp and Paper Company, Tagona Water and Light Company and the Lake Superior Power Company were transferred to the Consolidated Lake Superior Company. On May 3, 1901 the charter of the Consolidated Lake Superior Company was again amended by the Connecticut General Assembly to enable the company to own, construct and operate railways, to engage in any kind of transportation business and to acquire and hold securities of companies engaged in a wide variety of enterprises. By 1902 the Consolidated Lake Superior Company had reached its peak controlling the industrial complex developed by Francis H. Clergue in Sault Ste. Marie. However the weaknesses of the Clergue industries were quickly becoming apparent and by December of 1902 the Consolidated Lake Superior Company was in need of a loan to meet expenses. A loan was secured from Speyer & Co. of New York in December, 1902. As part of the loan agreement the company's structure was reorganized. In 1903 the Consolidated Lake Superior Company defaulted on the loan forcing the company into receivorship. A Reorganization Committee was formed in 1903 and early in 1904 the Canadian Improvement Company Limited was formed to underwrite the bonds of a new holding company. In 1904 the Reorganization Committee negotiated with the Ontario Government to pass an act guatanteeing a loan of $2,000,000 to obtained by the Canadian Improvement Company. In 1904 it purchased the securities of all the subsidiary companies from Speyer & Company and transferred them to the new holding company, the Lake Superior Corporation which was incorporated on May 19, 1904. On May 23, 1904 the director's of the Consolidated Lake Superior Company held its last meeting.

Originally part of the industrial complex developed in Sault Ste. Marie by Francis H. Clergue, the International Lumber Company was incorporated on January 28,1902. The Algoma Commercial Company which owned and managed the woods operations for Clergue's Consolidated Lake Superior Company built a large sawmill west of the steel plant in Sault Ste. Marie which was operated by the International Lumber Company. The sawmill opened in September, 1902 and operated at a profit. In 1903 it was decided that the Algoma Commercial Company would operate the sawmill directly and the International Lumber Company was wound up on January 5, 1904. There was some controversy over the legality of how the liquidation was carried out and a court case ensued over the dismisal of E. L. Stewart.

This company was incorporated in June of 1910. It was formed by Frater Taylor, W. L. Franz and Alex Gibson to underwrite the bonds in the reorganization of the Algoma Central and Hudson Bay Railway following the bankruptcy of the industrial complex developed in Sault Ste. Marie by Francis H. Clergue.

The Fiborn Limestone Company was part of the industrial complex developed in Sault Ste. Marie by Francis H. Clergue and was incorporated on November 15, 1909. Of the 1000 shares, 650 were allotted to the Lake Superior Iron and Steel Company in consideration of properties transferred to the Fiborn Limestone Company. In the reorganization of 1912, which saw the creation of the Algoma Steel Corporation, the Lake Superior Corporation transferred the Fiborn Limestone Company stocks to the Algoma Steel Corporation. In 1916 the Fiborn Limestone company acquired a dolomite property near its limestone quarries which operated for a number of years. Although it continued to supply Algoma Steel with limestone, eventually high transportation costs and low market prices caused a cessation of its operations. It remained inactive and its equipment was disposed of in 1946.

The Sault Ste. Marie Electric Light and Transit Company was incorporated on May 12,1888 by a group of Sault Ste. Marie, Michigan businessmen for the purpose of operating a street railway and developing and distributing power. No development took place however, until the company was acquired by Francis H. Clergue in 1901. Clergue also cocluded an agreement in that same year with town of Sault Ste. Marie, Ontario which gave the company a 25 year franchise to operate a street railway. In April 1902 the provincial legislature passed an act confirming the agreement. In 1902, Clergue purchased the ferry "Fortune" and started a ferry sevice between the two Sault's. In the reorganization of 1903 the International Transit Company became a subsidiary of the Consolidated Lake Superior Company. In 1915 the directors of the Lake Superior Corporation who were also the directors of the Algoma Steel Corporation sold the assets of the International Transit Company along with Algoma Steel's water power and lands (formerly the Lake Superior Power Company) to James O. Heyworth of Chicago who formed the Great Lakes Power Company.

In 1903 the Consolidated Lake Company, the holding company for the industrial complex developed in Sault Ste. Marie by Francis H. Clergue, was placed into receivorship following the default on its loan payment to Speyer & Company. The Reorganization Committee of the Consolidated Lake Superior Company was formed in the autumn of 1903 and a reorganization plan was drawn up. This plan called for the incorporation of a new holding company, however Speyer & Company refused to support the plan. Therefore in 1904 Francis H. Clergue formed the Canadian Improvement Company Limited to underwrite the bonds of the new holding company.Woking together the Canadian Improvement Company and the Reorganization Committee secured from the Ontario legislature a loan guarantee for $2,000,000. On May 19, 1904 the Lake Superior Corporation was incorporated in New Jersey. On May 23, 1904 the Consolidated Lake Superior Company met for the last time and transferred control of the various allied companies to the Lake Superior Corporation. The controlling interests of the Lake Superior Corporation passed into English hands in 1908. The English interests wished to concentrate on iron, steel and transportation and in 1911 it sold the Lake Superior Paper Company and in 1913 agreed to the forclosure of the Michigan Lake Superior Power Company. In 1912 a merger of the Lake Superior Iron and Steel Company, the Algoma Steel Company, the Algoma Iron Works Ltd. and the Lake Superior Power Company created the Algoma Steel Corporation. In 1914 the 25 year franchise of the Tagona Water and Light Company came to an end and it was bought by the City of Sault Ste. Marie. In 1916 the power rights and properties which had been transferred to the Algoma Steel Corporation as well as the International Transit Company were sold to James Heyworth of Chicago who incorporated the Great Lakes Power Company. In 1919 the Trans- St. Mary's Traction Company was reorganized into the Sault Ste. Marie Traction Company. This company was sold to a group of Sault Ste. Marie Michigan businessmen in 1928 and was the last of the Lake Superior Corporation's American holdings. In 1930 the need to reorganize the Lake Superior Corporation became imperative. The main asset of the Lake Superior Corporation was the Algoma Steel Corporation which was in need of refinancing in order to modernize and diversify. However such refinancing was impossible due to the unsettled claims of the bondholders. A Scheme of Arrangement was reached on November 25, 1930. The Scheme was complex and made extensive changes in the structure of the company. On June 15, 1930 the Scheme of Arrangement became operative. The result was that the Lake Superior Corporation lost all its interests in the Algoma Central and Hudson Bay Railway Company and 1/3 of all its other assets to the new holding company, The Algoma Consolidated Corporation. The success of the Scheme depended upon the profitable operation of the Algoma Steel Corporation, however on June 20, 1932 Algoma Steel Corporation was placed in receivorship. On July 25, 1932 the Algoma Consolidated Corporation petitioned the Lake Superior Corporation into receivorship. Under the control of Sir James Dunn another reorganization of the Algoma Steel Corporation took place with the creation of a new company on December 12, 1934,the Algoma Steel Corporation (1934). This reorganization cancelled the shareholders interests of the new company. Liquidation of the Lake Superior Corporation began in 1934 although the company was not wond up until 1939.

The Lake Superior Investment and Securities Company Limited was formed in 1908 in New Jersey by Robert Flemming, a well known English financier, and Sir James Dunn. Flemming had a 4/5 interest in the company and Dunn a 1/5 interest. In 1908 the company acquired the holdings of the Canadain Improvement Company and the securities held by the Philadelphia banks of the the Lake Superior Corporation which was the holding company for the industrial complex created in Sault Ste. Marie by Francis Hector Clergue. This gave the Lake Superior Investment and Securities Company Limited controlling interest of the Lake Superior Corporation. With the subsequent change in the board of directors, control of the Lake Superior Corporation changed from American to English hands. The head office of the Lake Superior Corporation was also moved from Philadelphia to Toronto. With new financing the Lake Superior Corporation entered a period of growth with the expansion of the steel plant as its main focus. The Algoma Central and Hudson Bay Railway line was also completed to meet the transcontinental rail lines. To finance this construction, the Lake Superior Investment and Securities Company sold Algoma Central and Hudson Bay Railway Company securities in Europe. In 1926 and 1927 Sir James Dunn purchased 72% of the shares of the Lake Superior Securities and Investment Company giving him control of the Lake Superior Corporation. In 1934 Dunn used his control to reorganize the Algoma Steel Corporation into the new Algoma Steel Corporation(1934).

Originally part of the industrial complex developed in Sault Ste. Marie by Francis H. Clergue, the Lake Superior Iron and Steel Company Limited was incorporated on May 10, 1907 to own and operate the new open hearth furnaces which were completed in 1907. The company also financed the expansion in 1909 which saw the building of No. 3 blast furnace, by-product coke ovens, new docks and a third open hearth furnace. Through a series of agreements dated May 1 and November 10, 1909, the Lake Superior Iron and Steel Company owned all the iron and steel making facilities, which it leased to the Algoma Steel Company, while the Algoma Steel Company owned all the finishing facilities including its rail, merchant and blooming mills. The Lake Superior Iron and Steel Company was also involved in mining properties including the development of the Magpie Siderite Mine near Wawa. On April 1, 1912 the Algoma Steel Company, the Lake Superior Power Company, the Algoma Commercial Company and the Algoma Iron Works transferred all their assets and liabilities to the Lake Superior Iron and Steel Company. As well the stocks of the Fiborn Limestone Company and the Cannelton Coal Company were transferred to the Lake Superior Iron and Steel Company. The Lake superior Iron and Steel Company then changed its name to the Algoma Steel Corporation.

In October, 1894, Francis H. Clergue, representing a group of Philadelphia investors, negotiated with the town of Sault Ste. Marie to purchase the Ontario and Sault Ste. Marie Water, Light and Power Company. An act was passed in the Ontario Legislature on April 16, 1895 confirming the agreement with the town and changing the company's name to the Lake Superior Power Company. The Lake Superior Power Company became the parent company for Clergue's other subsidiary companies including the Tagona Water and Light Company, the Sault Ste. Marie Pulp and Paper Company and the Consolidated Lake Superior Company. In 1900 the Lake Superior Power Company became a subsidiary of Clergue's Consolidated Lake Superior Company, however it retained the Sault Ste. Marie Pulp and Paper and Paper Company and the Tagona Water and Light Company as subsidiaries. In 1902 the International Transit Company became a subsidiary of the Lake Superior Power Company. Under the reorganization of 1903, the Lake Superior Power Company became a subsidiary of the Algoma Steel Company. In 1912 the company was wound up and became a department of the Algoma Steel Corporation. In 1916 Algoma Steel sold the power rights and property along with the International Transit Company to Great Lakes Power.

The Lake Superior Steamship Company was a U.S. subsidiary set up by the Algoma Central Terminals Company which was part of the industrial complex developed in Sault Ste. Marie by Francis H. Clergue. It was incorporated in the state of Ohio on June 18, 1914. It had 2,500 common shares with a par value of $100 each of which 2,495 of the shares were issued to the Algoma Central Terminals and the remaining shares issued to senior officials of the Algoma Central and Hudson Bay Railway Company. The company was formed for the purpose of buying and operating the steamship 'E.D. Carter'. The vessel was then leased to the Algoma Central and Hudson Bay Railway Company by the Algoma Central Terminals Company. Once the company was transferred to the Algoma Central Terminal Company it had no operating assets.

On August 14, 1895 the Lake Superior Power Company ,which was the holding company at this time for the industrial complex developed by Francis H. Clergue in Sault Ste. Marie, purchased the properties of the St. Mary's Falls Water Power Company in Sault Ste. Marie, Michigan. On June 28, 1889 the Michigan Lake Superior Company was incorpoated in Michigan and by May 1899 the American properties and rights of way held by the Lake Superior Power Company were transferred to the Michigan Lake Superior Company. The Michigan Lake Superior Company was the parent company for a number of other companies including the Sault Ste. Marie Light, Heat and Power Company and the Sault Ste. Marie Terminal Railway Company. Upon completion of the 21/4 mile power canal and the 1/4 mile long powerhouse in 1902, it was discovered that the foundations of the powerhouse could not bear the stress of the full head of power required to develop maximim horse power. The U.S. Mortgage and Trust Company brought an action for foreclosure at the request of the Consolidated Lake Superior Company.

In 1890 a local syndicate in Sault Ste. Marie obtained federal and provincial charters for the Sault Ste. Marie and Hudson Bay Railway, which was later named the Ontario, Hudson Bay and Western Railway. The line was to connect Sault Ste. Marie with the Canadian Pacific Railway line and then continue to James Bay. Charles T. Harvey, a Toronto financier, acquired control of the charter and in 1899 announced plans to begin construction of the line. Francis H. Clergue, however, had wanted to extend the Algoma Central Railway to Hudson Bay and therefore on July 17,1900 agreed to purchase all of Harvey's shares. The contract to build the line was assigned to the Algoma Commercial Company. The Hudson Bay line was never built and in 1916 the Lake Superior Corporation moved to dissolve the company, but due to the expense involved decided to treat the company as if it did not exist.