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North West Trading Company (1)

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The North West Trading Company was founded in Portland, Oregon, in 1879 by Paul Schulze and Henry Villard to operate in Alaska. It established a trading post at Killisnoo in 1878, which soon expanded to include a fish processing plant—the first of its kind in the Alaska Territory for nearly forty years. However, due to several factors, including a mild recession (such as Grant's Panic of 1884), the company's rapid expansion, and the instability of railway markets, the company went into receivership in 1888. The trading station was subsequently sold to Alaska Oil and Guano.

North West Trading Company - Wikipedia

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Data Points with Word "North West Trading Company"

In 1757, a fur trading post was established in the Hudson Bay District near the Red Deer River, with ruins of this post found close to Erwood. By 1790, the North West Trading Company set up another trading post at the mouth of the Etomami River. There are speculations that a South Company post was established at the opposite mouth of the river, where remains of a second post are still unaccounted for.As the settlement developed, an application was made in July 1907 to establish Etomami as a village. The name Etomami, derived from a native word, means 'a place where three rivers join.' To form a hamlet, fifteen occupied dwelling houses were required, and by August, the necessary list was completed. The village was formally established with Mr. B.F. Noble serving as its first overseer. The post office was also set up at this time on Churchill Street, near the current location of Pharmasave. In 1909, the Canadian Northern Railway Company renamed the settlement Hudson Bay Junction, and the name was later shortened to Hudson Bay in 1947.In its early years, the village faced numerous challenges and was even considered for disorganization at one point. However, it gradually improved and was incorporated as a town in 1946. During its early years, Hudson Bay introduced parking meters on Churchill Street in 1958, though these have since been removed. The town briefly switched to Mountain Standard Time in 1958 but reverted to Central Standard Time within two months.Today, Hudson Bay remains a significant junction with railways running in three directions and highways in all four directions, surrounded by rivers. Despite many changes over time, the town retains its warmth, friendliness, and pioneering spirit. Visitors can explore part of Hudson Bay’s history at the local Museum on Churchill Street or at the Heritage Park at the corner of Highway 3 and Highway 9.

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