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The Cambridge of eighteen hundred and ninety-six: a picture of the city and its industries fifty years after its incorporation (ed. Arthur Gilman), Financial and manufacturing. (search)
o, with James Dana, of Charlestown, Oliver Hastings, Joseph W. Ward, and William L. Whitney, of Cambridge, constituted the board of directors. The Cambridge Railroad was incorporated in 1853, and was leased soon afterwards to the Union Railway. The story of the beginnings of this road, by Mr. Frederick T. Stevens, for many years its treasurer, is of exceeding interest:— The Union Railway Company was incorporated under the laws of this commonwealth and approved by the governor, Henry J. Gardner, May 15, 1855. The first meeting was held October 8 of the same year. The principal instigator in this then great work was our well-known citizen, Gardiner G. Hubbard, to whom the city of Cambridge owes a debt of gratitude. He was the prime mover in almost every project at that time for the practical benefit of the city. He was aided by such men as the late Judge Willard Phillips, Herbert H. Stimpson, Charles C. Little, Estes Howe, and John Livermore. These men believed that the