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Andrew Craigie (search for this): chapter 12
directors, who shall choose their President and Vice-President out of their own number. Voted: That the Hon. James Sullivan, Loammi Baldwin, Esq., the Hon. Thomas Russell, Hon. James Winthrop, Christopher Gore, Esq., Joseph Barrell, Esq., Andrew Craigie, Esq., Hon. John Brooks, Captain Ebenezer Hall, Jonathan Porter, Esq., Ebenezer Storer, Esq., Caleb Swan, and Samuel Jaques be directors for pursuing the business of the canal for the present year. At the meeting of the directors on Octobecuting 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, whe
John Brooks (search for this): chapter 12
hoose their President and Vice-President out of their own number. Voted: That the Hon. James Sullivan, Loammi Baldwin, Esq., the Hon. Thomas Russell, Hon. James Winthrop, Christopher Gore, Esq., Joseph Barrell, Esq., Andrew Craigie, Esq., Hon. John Brooks, Captain Ebenezer Hall, Jonathan Porter, Esq., Ebenezer Storer, Esq., Caleb Swan, and Samuel Jaques be directors for pursuing the business of the canal for the present year. At the meeting of the directors on October 11, the following vote was passed— Voted: That the Hon. James Sullivan be president, Loammi Baldwin, Esq., first vice-president, and Hon. John Brooks, second vice-president. The Board of Directors being duly organized, the next duty was to commence the necessary surveys of the most eligible route between Medford River, Chelmsford, and the Concord River. Here the committee were met by an almost insurmountable difficulty; the science of Civil Engineering was almost unknown to anyone in this part of the country.
Caleb Swan (search for this): chapter 12
ed in the following order— Voted: That the business of the corporation be transacted by a committee annually elected, consisting of thirteen directors, who shall choose their President and Vice-President out of their own number. Voted: That the Hon. James Sullivan, Loammi Baldwin, Esq., the Hon. Thomas Russell, Hon. James Winthrop, Christopher Gore, Esq., Joseph Barrell, Esq., Andrew Craigie, Esq., Hon. John Brooks, Captain Ebenezer Hall, Jonathan Porter, Esq., Ebenezer Storer, Esq., Caleb Swan, and Samuel Jaques be directors for pursuing the business of the canal for the present year. At the meeting of the directors on October 11, the following vote was passed— Voted: That the Hon. James Sullivan be president, Loammi Baldwin, Esq., first vice-president, and Hon. John Brooks, second vice-president. The Board of Directors being duly organized, the next duty was to commence the necessary surveys of the most eligible route between Medford River, Chelmsford, and the Concord
John Langdon Sullivan (search for this): chapter 12
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
Herbert Pierce Yeaton (search for this): chapter 12
Historical Sketch of the old Middlesex Canal. By Herbert Pierce Yeaton. Navigation on the Merrimac River. the Canals of the Merrimac River had their day and active existence in the first half of the last century. They have been referred to as the earliest step towards a solution of the problem of cheap transportation between Boston and the northern country; but perhaps they may be more properly classed as the second step in that direction, the turnpikes having been in the field. James Sullivan and his associates, the original projectors of the canal system, undoubtedly had in mind, not only to connect Boston with the Merrimac River country, but also to extend their canals from the Merrimac to the Connecticut River, and from the Connecticut River to Lake Champlain, and through its outlet to the St. Lawrence, thus bringing Boston into island water communication with Montreal and the lower Canada. The project was too vast, and the physical obstacles too formidable to admit
James Sullivan (search for this): chapter 12
the turnpikes having been in the field. James Sullivan and his associates, the original projector.’ There were present at this meeting the Hon. James Sullivan, who was at this time attorney generaman, and Samuel Swan, Esq., as clerk, the Hon. James Sullivan, Loammi Baldwin, and Captain Ebenezerourt, and a charter obtained incorporating James Sullivan, Esq., and others, by the name of the Propwenty-three miles. This formed a portion of Mr. Sullivan's far-reaching plan for inland waterways, eng of the proprietors, after the choice of James Sullivan as moderator, and Samuel Swan as clerk, thvotes were passed, viz.:— That the Hon. James Sullivan, Hon. James Winthrop, and Christopher Gore their own number. Voted: That the Hon. James Sullivan, Loammi Baldwin, Esq., the Hon. Thomas Rusg vote was passed— Voted: That the Hon. James Sullivan be president, Loammi Baldwin, Esq., first effects on the canal. In the deaths of Governor Sullivan and Colonel Baldwin in 1808, the enterpr[1 more...
Christopher Gore (search for this): chapter 12
wed to hold mill property. At the first meeting of the proprietors, after the choice of James Sullivan as moderator, and Samuel Swan as clerk, the following votes were passed, viz.:— That the Hon. James Sullivan, Hon. James Winthrop, and Christopher Gore, Esq., be a committee to arrange the business of the meeting, which they reported in the following order— Voted: That the business of the corporation be transacted by a committee annually elected, consisting of thirteen directors, who shall choose their President and Vice-President out of their own number. Voted: That the Hon. James Sullivan, Loammi Baldwin, Esq., the Hon. Thomas Russell, Hon. James Winthrop, Christopher Gore, Esq., Joseph Barrell, Esq., Andrew Craigie, Esq., Hon. John Brooks, Captain Ebenezer Hall, Jonathan Porter, Esq., Ebenezer Storer, Esq., Caleb Swan, and Samuel Jaques be directors for pursuing the business of the canal for the present year. At the meeting of the directors on October 11, the following
Samuel Weston (search for this): chapter 12
ing Loammi Baldwin, Esq., to repair to Philadelphia and endeavor to obtain the services of Mr. Samuel Weston, a distinguished English engineer, then in this country working in the Potomac canals. If he cannot come, then that he endeavor to obtain some other person who shall be recommended by Mr. Weston, and that said agent be authorized to write to Europe for some suitable person for the undertay and able report on the twelfth day of May, 1794. Among other things, he says he has engaged Mr. Weston to make the survey of the route in the month of June, and closes his report as follows: ‘I cone seen in the Southern states, the Washington canal excepted.’ About the fifteenth of July Mr. Weston arrived, and a committee, consisting of Loammi Baldwin and Samuel Jaques, was appointed ‘to aty and observations relating to the canal.’ The survey was completed, and a full report made by Mr. Weston on the second day of August, 1794. The survey made by Samuel Thompson was the one selected f
Quincy (search for this): chapter 12
oad 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 canal boats locking into th
Thomas Russell (search for this): chapter 12
the following votes were passed, viz.:— That the Hon. James Sullivan, Hon. James Winthrop, and Christopher Gore, Esq., be a committee to arrange the business of the meeting, which they reported in the following order— Voted: That the business of the corporation be transacted by a committee annually elected, consisting of thirteen directors, who shall choose their President and Vice-President out of their own number. Voted: That the Hon. James Sullivan, Loammi Baldwin, Esq., the Hon. Thomas Russell, Hon. James Winthrop, Christopher Gore, Esq., Joseph Barrell, Esq., Andrew Craigie, Esq., Hon. John Brooks, Captain Ebenezer Hall, Jonathan Porter, Esq., Ebenezer Storer, Esq., Caleb Swan, and Samuel Jaques be directors for pursuing the business of the canal for the present year. At the meeting of the directors on October 11, the following vote was passed— Voted: That the Hon. James Sullivan be president, Loammi Baldwin, Esq., first vice-president, and Hon. John Brooks, second<
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