Woodbridge Mining Company

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Woodbridge Mining Company

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The Algoma Mining Company was incorporated in Minnestoa on November 20, 1902 and was a wholly owned subsidiary of the Algoma Commercial Company of Sault Ste. Marie. 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 1909 the Woodbridge Mining Company was incorporated and the Algoma Iron Mining Company transferred its claim for the Woodbridge Mine to the new compnay in return for 495 shares of the company. In 1912 with the reorganization of the Lake Superior Corporation and 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 and the Woodbridge Mining Company. The Woodbridge Mining Company was dissolved on March 28, 1914 and the Algoma Iron Mining Company remained for a while with no assets and was eventually dissolved.

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