"Named c1860 by Captain Richards, RN, after Horatio, Viscount Nelson, the immortal hero of the British Navy. Nelson was born at Burnham Thorpe, Norfolk, 29 September 1758, and was killed at the battle of Trafalgar, on board the Victory, 21 October 1805, dying just as the victory was won. In the battle fought off Cape St. Vincent by Sir John Jervis, Nelson served as commodore, his ship the Captain, and his most gallant and intrepid behavior in wearing out of the line of battle and attacking the Spanish fleet, nearly single-handed and alone, contributed greatly to the success of the day... The Nile was Nelson's own victory, and is one of the most glorious in the annals of the British navy. It was at Copenhagen that Nelson put the telescope to his blind eye to look at the signal of recall hoisted by the commander in chief, and therefore could not see "any signal." The battle continued and victory was won. For the victory off Cape St. Vincent, 14 February 1797, Nelson was made a Knight of the Bath.... For the Nile, 1 August 1798, he was created a peer with the title of Baron Nelson of the Nile and Burnham Thorpe, and the King of Naples and Sicily created him Duke of Bronté, with an estate. An increased pension was granted him and the East India Company presented him with £10,000. For Copenhagen, 2 April 1801, he was advanced to a Viscountcy, having been promoted to vice admiral of the blue on 1 January of that year. For the victory at Trafalgar, Lord Nelson's brother was created an Earl with an ample income to keep up the dignity and £100,000 to purchase an estate, and rewards were given to all his relatives. Buried at St. Paul's, London. It has been said....of Nelson that he was the greatest naval captain the world had ever seen. In August 1793 Captain Vancouver had named Point Nelson in Alaska, explained simply as 'after Captain Nelson of the Navy'."
Source: Walbran, John T; British Columbia Coast Names, 1592-1906: their origin and history; Ottawa, 1909 (republished for the Vancouver Public Library by J.J. Douglas Ltd, Vancouver, 1971)