Manitoba Business: National Trading Company
The National Trading Company (NTC) Limited was incorporated under the Companies Act via Letters Patent on 12 September 1916. Known originally as the National Co-Operative Company Limited, concerns were raised with “Co-Operative” (and its implications under The Co-Operative Associations Act), and thus the name was changed prior to the approval process being completed.
The company's founding partnership consisted of automotive mechanics Ivan “John” Pylypiuk, Michael Kowal, and Paul Kipran; bankers John Negrycz and Michael Skremetka; and real estate agent Clement Pankiw, blacksmith Michael Demchuk, carpenter Semeon Kowbel, publisher Peter H. Wojcenko, and painter Minto Holublow. The initial capital stock was set at $20,000 and a headquarters was established at 590 Burrows Avenue, in the Chlopan Block, in Winnipeg. The company gained several dozens of shareholders, largely from the surrounding North End and Ukrainian community. Pylypiuk, Kowbel, Kowal, Negrycz, and Kipran all served as charter directors. As of 1916, Kipran served as Vice-President, W. Kazaniwsky as Secretary, and J. Negrych [Negryz?] as Treasurer.
In November 1919, the process to liquidate the company was initiated by Clifford Arthur Lyale Murchison. The company was ordered into bankrupty by way of the Winding Up Act in December 1919 by Justice Alexander Casimir Galt, a process which would take until April 1922, completed in chambers under Justice Andrew Knox Dysart. Its status was apparently not conveyed to the Companies Office which, in June 1923, declared the company to be in default effective May 1923, on account of not having filed annual returns for several years.
Companies Office corporation documents (CCA 0059), 235N - The National Trading Company Limited, GR6427, Archives of Manitoba.
Court of Queen's Bench Winding Up Act pockets (ATG 0015), #163 - National Trading Company Limited, GR0195, Archives of Manitoba.
Henderson’s Winnipeg and Brandon Directories, Peel’s Prairie Provinces, University of Alberta Libraries.
This page was prepared by Nathan Kramer.
Page revised: 13 August 2022