Oregon and Transcontinental Company
Encyclopedia
The Oregon and Transcontinental Company was a 19th-century holding company
in the United States, organized by Henry Villard
in 1881 to control the Northern Pacific Railroad and Oregon Railway and Navigation Company. In 1890, it became the North American Company
, which was incorporated in New Jersey
so that it could invest in a wider range of businesses.
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
in the United States, organized by Henry Villard
Henry Villard
Henry Villard was an American journalist and financier who was an early president of the Northern Pacific Railway....
in 1881 to control the Northern Pacific Railroad and Oregon Railway and Navigation Company. In 1890, it became the North American Company
North American Company
The North American Company was a holding company incorporated in New Jersey on June 14, 1890, and controlled by Henry Villard, to succeed to the assets and property of the Oregon and Transcontinental Company...
, which was incorporated in New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
so that it could invest in a wider range of businesses.