Last modified: 2005-09-24 by phil nelson
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From the company website http://www.algonet.com :
Algoma Central was incorporated as Algoma Central Railway Company in Sault Ste. Marie, Ontario on August 11, 1899. The Corporation proudly celebrated its Centennial Anniversary throughout the year in 1999.
The Company was founded following the discovery of valuable iron ore in the Michipicoten area of Ontario's Algoma Region in the late 1800's. Francis H. Clergue, the Philadelphia promoter and industrialist, needed to move the ore from the Helen Mine to the harbour on Lake Superior. For this purpose, the Algoma Central Railway was incorporated by Special Act of the Parliament of Canada with capital of three million dollars.
Soon after the railway was in operation from the mine to Michipicoten, four steam vessels were purchased in 1900. This was the beginning of the Algoma Central Fleet.
The Company name was changed t