Certificate of 25 shares of 1£ each issued in 1917 to Baron François Fressinet de Bellanger in Grasse, South of France.

Illustrated with a raccoon and maple leaves.

The company was first founded by Guy Tracey Robins (Robins Irrigation Company in England). An agreement was made with the Canadian government to buy acres of land of the Canadian Pacific Railway. But the land was discovered to be unsuitable for irrigation and the agreement was revised in 1908 for land further up and west of the Bow River. The company also acquired land around Suffield, Alberta.

Construction began in 1909 but the company was plagued by financial problems, dam washouts, and engineering mistakes. It went into receivership in 1914 and construction virtually stopped during First World War.

In 1917 the receiver arranged a merger between the SAL Company, its subsidiary the Canadian Wheat Lands Ltd., and the bankrupt Alberta Land Company Ltd. which held land adjacent to that of the SAL Co.

A new company, named the Canada Land and Irrigation Company Ltd., was formed. Sales of the land began in 1918, and two reservoirs, the Little Bow Reservoir and Lake McGregor, were completed in 1919. Water was first delivered in 1920.

The post-war depression destroyed the company's chances of repaying its debts and the company went into receivership in 1924, having spent $15,000,000 on the project. In 1927 the company cleared its debt to the government by giving up land and reducing its holdings to 130,000 acres (52,000 ha). More land was forfeited in 1941.

In 1950 the system, which had been named the Bow River Irrigation Project, was sold and the company ceased operations.