Identity area
Type of entity
Authorized form of name
Parallel form(s) of name
Standardized form(s) of name according to other rules
Other form(s) of name
Identifiers for corporate bodies
Description area
Dates of existence
History
The Algoma Commercial Company Ltd. was originally part of the industrial complex developed by Francis H. Clergue in Sault Ste. Marie and was incorporated December 27, 1899 by Letters Patent in Ontario. Under its incorporation the company was to build and equip railways, acquire mining and timber lands and to manufacture raw materials. An Act of the Legislature in 1900 confirmed the incorporation and gave the company additional powers to acquire and hold shares in other companies and to operate mines. In 1900 the Algoma Commercial Company acquired the charter of the Manitoulin and North Shore Railway Company and the Ontario Hudson Bay and Western Railway Co. Mining was one of the Algoma Commercial Company's main activities and included iron ore prperties in both Canada and the United States as well as gold mines in Michipicoten and nickle properties near Sudbury. The Algoma Commercial Company also controlled the extensive land grants made to the Algoma Central & Hudson Bay Railway Co. by the various governments and was responsible for colonization under the terms of the land grants. Since much of the land was forested, the Algoma Commercial Company was also responsible for the woods operations which included the International Lumber Company.The Algoma Commercial Company also built and repaired railway cars and handled the real estate properties of the Clergue industries such as the townsite at Searchmont and hotels such as the Tagona Inn, the Algoma Inn at Michipicoten and the International Hotel. In 1903 the Algoma Commercial Company became a subsidiary of the Consolidated Lake Superior Company and after the reorganization of the Clergue industries, a subsidiary of the Lake Superior Corporation. In 1912, the Algoma Commercial Company was one of the companies which amalgamated to form the Algoma Steel Corporation Ltd. and all its assets were transferred to the new company.