Pacific Wharf Company

The Pacific Wharf Company was a corporation which once controlled much of the waterfront of Port Townsend, Washington.

Port Townsend waterfront circa 1890. The large sidewheeler on left is probably Olympian.

Organization

Pacific Wharf Company was formed in 1891 by Charles E. Peabody (1857-1926), Walter Oakes, George T. Roberts, and others. The company was formally incorporated on August 8, 1891. According to the articles of incorporation, the company's capital was $59,000. The major stockholders included Charles E. Peabody (200 shares), D.B. Jackson, and Walter Oakes (118 shares each). Oakes was named as chairman of the board of directors and Peabody as president. Peabody and Oakes were well-connected businessmen. Roberts was a steamship captain. Jackson was a successful businessman and a steamboat purser.[1]

Operations

The Pacific Wharf Company owned a wharf and other waterfront holdings in Port Townsend, Washington.[1]

Later ownership

Through corporate reorganizations, Pacific Wharf later became a subsidiary of the Puget Sound Navigation Company after that company was formed in 1903. Pacific Wharf Company later came under the control of the Puget Sound Navigation Company, which was formed in 1903.[1]

Notes

  1. Kline and Bayless, Ferryboats – A Legend on Puget Sound, at pages 17, 19, 27 and 182.

References

  • Kline, Mary S., and Bayless, G.A., Ferryboats -- A Legend on Puget Sound, Bayless Books, Seattle, WA 1983 ISBN 0-914515-00-4


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