- Frederick Stark Pearson
Frederick Stark Pearson (July 3, 1861,
Lowell, Massachusetts– May 7, 1915) was an American electrical engineerand entrepreneur.
Dr. Frederick Stark Pearson graduated from
Tufts Universityin 1883 and went on to develop the electric transportation system in Boston and, with electric powered streetcars of major importance, in 1894 he was appointed the head engineer for Metropolitan Street Railways in New York City. Pearson built a reputation as an innovative electrical engineer in the United States and he was soon contracted by governments and businesses as a consulting engineer for power generating stations throughout North America. A man with great business skills and a foresight, with ready financial backers he undertook major projects in North and South America.
While in Canada, he developed a relationship with a bright and aggressive young lawyer/stockbroker in
Montreal, Quebecby the name of James Dunn. Pearson encouraged Dunn to take up residency in London, at the time the most important financial market in the world.
With Dunn's brokerage house underwriting his ventures share offerings, sufficient capital was raised to allow Pearson to create a massive business empire that included the São Paulo Tramway, Light and Power Company in
Brazil, the Mexican North Western Railway, the Mexican Tramway Company, and the Mexican Light and Power Company in Mexico, and the British American Nickel Company in Canada.
Unstable governments in Mexico along with rampant bribery and corruption of public officials caused Pearson considerable grief. The government of president
Venustiano Carranzanationalized his Mexican Tramway Company and in the end, he lost virtually everything he had invested in Mexico. During this time, he was behind the 1911 construction of the Medina Damon the Medina Riverin what is now Mico, Texasand built an irrigation district encompassing more than 34,000 acres (138 km²). The town of Pearson, Texaswas named in his honor.
In 1912 he organized a syndicate in
Hale County, Texasnear Plainview for drilling irrigation wells to irrigate about 60,000 acres (243 km²). During the course of his work in Texas, Pearson founded the town of Natalia, naming it after his daughter, Natalie Pearson Nicholson.
In 1913, he negotiated a deal with the Spanish government for a hydro project on the
Ebro Riverand formed the Barcelona Traction, Light and Power Company to carry out the construction that was completed in 1915. However, World War Ilimited his activity.
He and his wife, Mabel Ward Pearson, lost their lives on May 7, 1915, while travelling to England on business and to visit his daughter Natalie who was then living there. They were in the "
RMS Lusitania" passenger liner when it was sunk off the southern coast of Irelandby the German submarine, Unterseeboot 20.
* [http://www.biographi.ca/009004-119.01-e.php?&id_nbr=7645 Biography at the "Dictionary of Canadian Biography Online"]
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