Nelson Morgan Davis

Nelson Morgan Davis was a Canadian businessman. He owned a conglomerate of more than 50 transportation and manufacturing companies, and was one of Canada's richest people.[1]

Nelson Morgan Davis
Born
Cleveland, Ohio
EducationCornell University
Occupation(s)Transportation and banking magnate

He served as director of the Canadian Bank of Commerce, the Crown Trust Company, the Argus Corporation and the Canadian Imperial Bank of Commerce.[2]

Early life

He was born in Cleveland, Ohio, to father Ernest H. Davis. He went to Cornell University and was a member of Sigma Chi.[3] He married Eloise White on September 6, 1930, in New Rochelle, New York.[3] He later lived on Toronto's Riverside Drive, and in Phoenix, Arizona.

In 1950, he created an exclusive golf course in Box Grove, Ontario. In 1967, he sold it to IBM for an estimated $2 million.[4]

In September 1969, his niece was kidnapped, and Davis paid $200,000 for her return.[5]

Through his company, NM Davis Corp, he purchased many businesses, including Rupert E. Edwards' Canada Varnish, in February 1953.[6] His brother, Marsh Davis, ran one of his purchased trucking companies.

Properties

A 1968 directory lists some of his properties as follows:[5]

  • CanVar Industries Ltd
  • Admiral Acceptance Ltd
  • Arrow Leasing Ltd
  • Automobile Tranport Ltd
  • Brennan Paving Co
  • Carwil Tranport Ltd
  • Central Chevrolet Toronto
  • Inter-city Truck Lines
  • The Markham Sand and Gravel Ltd
  • Miller Paving
  • North York Chevrolet
  • Parkwood Motors
  • Trans-Canada Highway Express Ltd
  • Atlantic Distributing
  • Dayton Rubber
  • Great Lakes Supply
  • Industrial Tankers Ltd
  • Orange Crush Bottlers

Estate

When he died in 1979 he left his estate worth tens of millions of dollars to his son, Glen Davis. Glen donated to numerous conservation and philanthropic organizations until he wass murdered, on May 18, 2007.[7] The motive for the murder was a lawsuit regarding a disputed loan from N.M. Davis Corp.


References
  1. "10 years after the murder of philanthropist Glen Davis".
  2. Article 1 -- no title. (1950, Oct 26). The Globe and Mail (1936-)
  3. Page 24. (1930, Aug 29). Toronto Daily Star (1900-1971)
  4. Page 13. (1967, Apr 10). Toronto Daily Star (1900-1971)
  5. Little-known financier raised cash ransom for niece. (1969, Sep 11).
  6. Page 14. (1953, Feb 09). Toronto Daily Star (1900-1971)
  7. "Murder divides family".
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