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Historic leaves, volume 2, April, 1903 - January, 1904 2 0 Browse Search
Medford Historical Society Papers, Volume 7. 2 0 Browse Search
Medford Historical Society Papers, Volume 10. 1 1 Browse Search
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Historic leaves, volume 2, April, 1903 - January, 1904, Historical Sketch of the old Middlesex Canal. (search)
getic counsellors to whom it owed its existence. Lotteries were deemed necessary as a means to raise money, and in 1816 the canal was voted financial aid. Constant expense was being incurred in the repairing of damages from breaks and the settling of the bed. Four directors were in charge, no one of them in full authority; tolls were uncollected, canal boats were detained, for weeks sometimes, till the owners were ready to unload them. After the death of Governor Sullivan, his son, John Langdon Sullivan, a stockholder in the company, and an engineer and business man, was appointed agent. He compelled the payment of tolls in cash before goods were delivered, charged demurrage on goods not promptly removed, caused repairs to be promptly and thoroughly made, and so improved the business that in 1810 receipts rose to $15,000, and kept on increasing until in 1816 they were $32,000. In 1819 the first dividend was paid, the assessments at that time amounting to $1,455.25 per share on 800
Medford Historical Society Papers, Volume 7., An eighteenth century enterprise. (search)
urth of the net receipts of the previous year), and an additional loss entailed by the suspension of business for six weeks. When we recall that business was entirely cut off by the ice of winter, it will be readily seen that these were expensive repairs, and such repairs delayed the payment of dividends. In the year 1808, both the president, who was then the governor of Massachusetts, and the agent, Col. Baldwin, died, and the outlook for the future of the canal was dark indeed. John Langdon Sullivan, the son of the governor, was appointed agent, and brought to its service the executive abilities and talents he possessed. Under his management the business and income of the canal increased, as the years passed on. On April 4, 1808, he issued a rigid code of Rules and regulations. But two copies of these are now known to be in existence, one of which is in possession of the writer, kindly presented by Judge S. P. Hadley of Lowell (whose father was for years the agent at Chelmsfo
Medford Historical Society Papers, Volume 10., chapter 11 (search)
t, Laomi Baldwin and Asa Peabody were the commissioners appointed, but Baldwin soon resigned to go to Europe. Bought by his daughter, Betsey Dadley, in 1803, after the sale of his mill property to the Middlesex Canal proprietors, Cox had a house on Main street near the Charlestown Bridge, now Charlestown Square. It adjoined the house in which Ammi Ruhamah Tufts lived, and was between that house and a new brick house built by the Hon. Thomas Russell, great-grandfather of the late Dr. John Langdon Sullivan of Malden, which stood on Water street, between Charlestown and Warren Bridges. This large house, after Russell's death, became a hotel, known as Gordon's, Nichol's, Charlestown Hotel, Pierce's, Brick Hotel (1817), and finally, the Middlesex Hotel, till burnt in 1835. This fire of 28 August, 1835, the most destructive in Charlestown since the Battle of Bunker Hill, destroyed the house in which Lemuel Cox died. In Charlestown, Capt. Lemuel Cox, an eminent mechanic, aged 65