By Tara Deschamps Hudson\u2019s Bay will seek court approval to put the royal charter that launched the company 355 years ago on the auction block, along with its trove of art and historical artifacts. The collapsing department store chain known as Canada\u2019s oldest company said it\u2019s applying to the Ontario Superior Court of Justice to sell the items, which would ensure some of its most valuable and historical assets get the \u201ccare, consideration and expertise required\u201d and \u201ccan be fully prioritized through a separate process facilitated by a fine art auction house.\u201d Hudson’s Bay has yet to detail the catalogue of items it wants to hit the auction block, but the collection traces the path Hudson\u2019s Bay took as it transformed from a fur trading powerhouse in the 17th century… <\/p>\n
By Tara Deschamps Hudson\u2019s Bay will seek court approval to put the royal charter that launched the company 355 years ago on the auction block, along with its trove of art and historical artifacts. The collapsing department store chain known as Canada\u2019s oldest company said it\u2019s applying to the Ontario Superior Court of Justice to sell the items, which would ensure some of its most valuable and historical assets get the \u201ccare, consideration and expertise required\u201d and \u201ccan be fully prioritized through a separate process facilitated by a fine art auction house.\u201d Hudson’s Bay has yet to detail the catalogue of items it wants to hit the auction block, but the collection traces the path Hudson\u2019s Bay took as it transformed from a fur trading powerhouse in the 17th century... <\/p>\n