Enos Collins
From Wikipedia, the free encyclopedia
Enos Collins | |
|---|---|
 | |
| Born | 5 September 1774 Liverpool, Nova Scotia |
| Died | 18 November 1871 (aged 97) Halifax, Nova Scotia |
Enos Collins (5 September 1774 – 18 November 1871) was a merchant, shipowner, banker and privateer from Nova Scotia, Canada. He is the founder of the Halifax Banking Company, which eventually was merged with the Canadian Bank of Commerce in 1903. Upon his death, he was acclaimed as the richest man in Canada.
He was born to a merchant family in Liverpool, Nova Scotia. Trading and a few privateering voyages to the West Indies on the privateer ship Charles Mary Wentworth in his youth gave him experience to own and manage his own fleet of vessels. While best known for his ownership of the privateer schooner Liverpool Packet, Collins's main fortune was made in shrewd wartime trading and careful peacetime investments.
He moved to Halifax during the War of 1812 and married into the Halifax elite. When the merchant Charles Prescott retired in 1811, Collins purchased Prescott's wharf and warehouse on Upper Water Street in Halifax, later expanding it by purchase and foreclosure to become the headquarters of his commercial empire. During the War of 1812, he was a partner with Joseph Allison in the firm "Collins & Allison" which bought captured American vessels from the prize courts and sold their cargoes at a profit.
Halifax Banking Company
With several other merchants including his partner Joseph Allson, Martin Gay Black and Henry Hezekiah Cogswell, he founded the Halifax Banking Company in present-day Historic Properties (Halifax) (1825). It was one of the first Canadian banks, today known as the Canadian Imperial Bank of Commerce. Collins built a solid granite building for the bank as part of his warehouse complex, a structure which still survives today, bearing the carved title "BANK" above the doorway. He also built a large stone estate house called Gorsebrook in the South End of Halifax.
Retirement
Collins retired from active business and politics in 1840, but continued to manage his large investments and back the Conservative party in Nova Scotia. In 1864, at the age of 90, he came roaring out of retirement to oppose Confederation as a supporter of Joseph Howe's Anti-Confederation Party.[1] Collins died in 1871 with an estate valued at $6 million, reputed to be the largest personal fortune in Canada at the time.[2] He was buried in Camp Hill Cemetery. His "Gorsebrook Estate" is today the site of Saint Mary's University, Halifax, although the university demolished his historic mansion in the 1960s.