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Historic leaves, volume 2, April, 1903 - January, 1904, Historical Sketch of the old Middlesex Canal. (search)
when the Nashua & Lowell road went into operation in 1838, they were reduced another third, and up to the year 1843 they were not sufficient to cover the expenditures for repairs and current expenses. The future had a gloomy prospect. As the enterprise had the confidence of the business community, money for prosecuting the work had been procured with comparative ease. The stock was divided into 800 shares, and among the original holders appear the names of Ebenezer and Dudley Hall, Oliver Wendell, John Adams, of Quincy, Peter Brooks, of Medford, and Andrew Craigie, of Cambridge. The stock had steadily advanced from $25 per share in the fall of 1794 to $473 per share in 1803, the year after the canal was opened, and touching $500 in 1804. Then a decline set in, a few dollars at a time, until 1816, when its market value was $300 per share, with few takers, although the canal was in successful operation; and in 1814 the obstructions in the Merrimac River had been remedied so that
merville44 Pellock's Island18 ‘Pencillings,’ Somerville Journal5, 6 ‘Peninsula, The,’ Charlestown15 Pennsylvania, Riflemen of80 Perkins, Luke36 Perkins Street, Somerville44 Philadelphia, Penn.7 Phillips, Lieutenant Eleazer4 Phillips, Wendell104 Phips, Samuel, Schoolmaster, 167434, 36, 38, 41, 60 Phipps, Emma61 Phipps, Katherine ( Brackenbury)35 Phipps, Captain Samuel61, 63 Phipps, Solomon21, 34 Pillsbury, Harry N.66 Pillsbury, L. B.66, 74 Pillsbury, Mrs. Mary A.66 Piscataqun Institution for Savings43 Washington, General78, 94, 95,98 Washington Street, Somerville44, 46, 47 ‘Washington Street as It Was’46 Watch Tower, Charlestown17 Waterways, Inland, Mass.52 Webster, Daniel56 Weiss, Charles11 Weld, Thomas34 Wendell, Oliver50 Wenham, Mass.65 Westboro, Mass.100, 101 West Killingly, Conn.3 Weston Family, The, Reading66 Weston, Samuel54, 55 West Somerville Baptist Church76 White, Gideon102 White, Dr. Horace Carr101, 102 White, Rhoda (Springer