Henry Croft (January 15, 1856 — July 28, 1917) was an Australian-born lumber and mining magnate on Vancouver Island from the 1880s to 1900s.
Croft arrived in the town of Chemainus in July 1883 and began negotiating to purchase the sawmill there, seeing potential with the E&N Railroad, agreeing to buy the mill in August for $22,000.
[2] Though the wedding itself was small, guests included William Smithe, the Premier of British Columbia, and Theodore Davie, the Attorney-General.
[2] Croft bought 19 acres (7.7 hectares) of waterfront land in Victoria in November 1889 with plans to build a house there, which he named Mount Adelaide after his home in Australia.
Mount Adelaide was completed by 1891, though the financing had not worked out for Croft, who ended up nearly $45,000 in debt; part of his losses came from a real estate investment scam.
[5] His mother-in-law Joan Dunsmuir loaned him $20,000 to cover his losses, though by 1895 Croft still owed $58,000 and was forced to declare bankruptcy.
Inspired by significant profits, Croft bought a townsite near Mount Sicker and established the town of Crofton to build a copper smelter and house his workers.