William Curtis Shelly
Encyclopedia
William Curtis Shelly was a businessman and political figure in British Columbia
. He represented Vancouver City
from 1924 to 1928 in the Legislative Assembly of British Columbia
as a Conservative
.
He was born in Ontario
and came to Vancouver to expand his bakery business. Shelly's bakery was known for its "Four-X bread". During the 1920s, he helped create a conglomerate known as Canadian Bakeries Ltd. to which he sold his business. Shelly became vice-president and general manager of the new company. He was also president of the Home Oil Co. Ltd., Canada Grain Export Co. Ltd., Guaranty Savings and Loan, Crescent Beach Development Co. Ltd., Grouse Mountain Highway and Scenic Resort Ltd. and the Shelly Building.
Shelly served as finance minister in the provincial cabinet. In the fiscal year 1929/1930, the province suffered a fairly small deficit of $135,000. Shelly projected an increase of government revenues and a small surplus for the following fiscal year; instead, revenues decreased and expenditures were larger than projected, resulting in a then-record deficit of $4.8 million. Shelly was transferred to the position of president of the Executive Council in October 1930. He also suffered a large personal financial loss when share prices for Home Oil Co. Ltd. bottomed out in the years following the stock market crash. He retired from politics in 1933. Shelly died in Vancouver at the age of 72.
British Columbia
British Columbia is the westernmost of Canada's provinces and is known for its natural beauty, as reflected in its Latin motto, Splendor sine occasu . Its name was chosen by Queen Victoria in 1858...
. He represented Vancouver City
Vancouver City (electoral district)
Vancouver City was a provincial electoral district in the Canadian province of British Columbia. It was a multiple member riding based in the newly-created city of Vancouver....
from 1924 to 1928 in the Legislative Assembly of British Columbia
Legislative Assembly of British Columbia
The Legislative Assembly of British Columbia is one of two components of the Parliament of British Columbia, the provincial parliament ....
as a Conservative
British Columbia Conservative Party
The British Columbia Conservative Party is a political party in British Columbia, Canada. First elected as the government in 1903, the party went into decline after 1933...
.
He was born in Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....
and came to Vancouver to expand his bakery business. Shelly's bakery was known for its "Four-X bread". During the 1920s, he helped create a conglomerate known as Canadian Bakeries Ltd. to which he sold his business. Shelly became vice-president and general manager of the new company. He was also president of the Home Oil Co. Ltd., Canada Grain Export Co. Ltd., Guaranty Savings and Loan, Crescent Beach Development Co. Ltd., Grouse Mountain Highway and Scenic Resort Ltd. and the Shelly Building.
Shelly served as finance minister in the provincial cabinet. In the fiscal year 1929/1930, the province suffered a fairly small deficit of $135,000. Shelly projected an increase of government revenues and a small surplus for the following fiscal year; instead, revenues decreased and expenditures were larger than projected, resulting in a then-record deficit of $4.8 million. Shelly was transferred to the position of president of the Executive Council in October 1930. He also suffered a large personal financial loss when share prices for Home Oil Co. Ltd. bottomed out in the years following the stock market crash. He retired from politics in 1933. Shelly died in Vancouver at the age of 72.