Charles Arthur Broadwater (1840–1892) was a wealthy and influential
Montana railroad,
real estate, and
banking magnate.
Broadwater was born in
St. Charles, Missouri. He was president of the
Montana Central Railway, a
spur line which ran between
Great Falls, Montana Helena and
Butte, Montana. He opened the Montana National Bank in Helena, and had extensive real estate holdings in the state. Montana's
Broadwater County is named after him.
Broadwater began his career in 1862 as a
livestock trader in the
gold rush town of
Bannack, Montana. He soon extended his interests into
transportation, becoming superintendent of the large Diamond R Freighting Company, which dominated
shipping in the Territory of Montana before the coming of the railroads.
In the 1870s, Broadwater allied himself with
James J. Hill, founder of the St. Paul, Minneapolis & Manitoba Railway, which, in 1890, became the
Great Northern Railway . Broadwater was also one of the
Democratic "Big Four" of early Montana politics, along with
Marcus Daly,
William A. Clark, and
Samuel T. Hauser.
He may, however, be best remembered for the luxurious but ill-fated Hotel Broadwater and Natatorium, which he built near Helena between 1888 and 1889.
Broadwater died of
influenza at his hotel in
Helena, Montana in 1892. More than 5,000 people attended his funeral. He is buried in Forestvale Cemetery.
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