In 1939 Union Steamship bought the ships and freighting interests of the Frank L. Waterhouse Co., which had been in the cannery service business for many years. Vessels acquired were three freighters directly owned by Waterhouse, Northholm, Southholm, and Eastholm, and three more under charter, Gray, Bervin, and Salvor which was same vessel as the company’s old 1891 Coquitlam.
