Frederick Stark Pearson | |
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Frederick Stark Pearson
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Born |
Lowell, Massachusetts, U.S. |
July 3, 1861
Died | May 7, 1915 RMS Lusitania, Atlantic Ocean |
(aged 53)
Occupation | Electrical Engineer, Entrepreneur |
Spouse(s) | Mabel Ward Pearson |
Signature | |
Frederick Stark Pearson (July 3, 1861 – May 7, 1915) was an American electrical engineer and entrepreneur.
Dr. Frederick Stark Pearson was the son of Ambrose and Hannah (Edgerly) Pearson. He graduated from Tufts University in 1883 with an A.M.B. and received an A.M.M. degree one year later. Previously, for one year (1879–80), he was instructor in chemistry in the Massachusetts Institute of Technology; later (1883–86), he was instructor in mathematics and applied mechanics at Tufts College. From college, he 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. He was the Founder of Barcelona Traction and Brookfield Asset Management.
While in Canada, he developed a relationship with a bright and aggressive young lawyer/stockbroker in Montreal, Quebec by 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.