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Browsing named entities in a specific section of Medford Historical Society Papers, Volume 23.. Search the whole document.

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1st (search for this): chapter 2
ts two hundred and sixty-eight pages, one hundred and forty-one are occupied with the act of incorporation, passed March 2, 1803, the records of various contracts, and of stockholders' and directors' meetings, closing with that of January 24, 1866. Its unruled pages are enclosed in stiff board covers, eight by thirteen inches in size. These were once covered with two layers of leather, shown by fragments remaining and folded over the edges, and fly-leaves securely pasted over them. On the first of the latter, in the upper left-hand, appears (in pencil), 3 Qr. $1.50. Following the transcript of the charter is a copy of advertisement in the Centinel, calling the first meeting to be held on April 11, 1803, at the tavern of Hezekiah Blanchard, Jr. Benjamin Hall was its moderator, and Luther Stearns clerk, continuing as such until 1821. This is the book referred to by Mr. Hooper in this issue. Since his article was written there has been published a work entitled, The Turnpikes o
1803 AD (search for this): chapter 2
n whose brain the idea of a level road to Charlestown, in two unbroken straight lines, originated, we cannot say; probably that of Benjamin Hall, then the leading business man of Medford, who took one-tenth of its capital stock. Medford was, in 1803, a town of but twelve hundred inhabitants, its only direct route to Boston being the old road over the top of Winter hill, through Charlestown to the Charles river bridge but fourteen years built. It was a long, hard pull up and over the hill, nossed on and their shares were held by their heirs or assigns by purchase in its better days. To them there was nothing coming. It would be of interest to know just what was realized in dividends for the use of the $440.00 per share invested in 1803-4. The Middlesex canal, on ceasing to pay dividends in 1843 had returned to its stockholders 1.39 per cent. on their investment, but had the proceeds of its property to distribute at the last. It was styled financially a dismal failure. We ha
March 2nd, 1803 AD (search for this): chapter 2
More about the turnpike There has recently come into the possession of the Medford Historical Society the record book of the Medford Turnpike Corporation. Of its two hundred and sixty-eight pages, one hundred and forty-one are occupied with the act of incorporation, passed March 2, 1803, the records of various contracts, and of stockholders' and directors' meetings, closing with that of January 24, 1866. Its unruled pages are enclosed in stiff board covers, eight by thirteen inches in size. These were once covered with two layers of leather, shown by fragments remaining and folded over the edges, and fly-leaves securely pasted over them. On the first of the latter, in the upper left-hand, appears (in pencil), 3 Qr. $1.50. Following the transcript of the charter is a copy of advertisement in the Centinel, calling the first meeting to be held on April 11, 1803, at the tavern of Hezekiah Blanchard, Jr. Benjamin Hall was its moderator, and Luther Stearns clerk, continuing
April 11th, 1803 AD (search for this): chapter 2
closing with that of January 24, 1866. Its unruled pages are enclosed in stiff board covers, eight by thirteen inches in size. These were once covered with two layers of leather, shown by fragments remaining and folded over the edges, and fly-leaves securely pasted over them. On the first of the latter, in the upper left-hand, appears (in pencil), 3 Qr. $1.50. Following the transcript of the charter is a copy of advertisement in the Centinel, calling the first meeting to be held on April 11, 1803, at the tavern of Hezekiah Blanchard, Jr. Benjamin Hall was its moderator, and Luther Stearns clerk, continuing as such until 1821. This is the book referred to by Mr. Hooper in this issue. Since his article was written there has been published a work entitled, The Turnpikes of New England. Its author, a civil engineer, in preparing a report on some public utility, ventured (as he says) into the historical side of the matter. Search in an extensive library, under the head of turnpi
1804 AD (search for this): chapter 2
That the Directors be directed to petition the Legislature to abandon the Medford Turnpike Voted, to dissolve. A pencilled line follows— Petition presented in House Jan 27 ‘66 After sixty-three years the original stockholders had passed on and their shares were held by their heirs or assigns by purchase in its better days. To them there was nothing coming. It would be of interest to know just what was realized in dividends for the use of the $440.00 per share invested in 1803-4. The Middlesex canal, on ceasing to pay dividends in 1843 had returned to its stockholders 1.39 per cent. on their investment, but had the proceeds of its property to distribute at the last. It was styled financially a dismal failure. We have not the data by which to make such a computation of the turnpike as was made by the canal agent in 1843. We fear that could such be obtained, if ever the treasurer's books reappear, the Medford turnpike will make a more dismal showing. M. W.
October 12th, 1804 AD (search for this): chapter 2
requested to be satisfyed with the title and to have a deed in the name of the Medford Turnpike Corporation and have the same immediately put on record P. C. Brooks Prest. This vote is in the elegant handwriting of George L. Stearns, son of the clerk. It alludes to the continual repair that was needful. The first recorded dividend is of date January 1, 1812, $4.00; the second recorded, July 5, 1813, $4.00. There may have been dividends paid prior to the above, as by the record of October 12, 1804, it was voted That the first dividend of the toll shall be made by the standing committee on the first day of January 1805 and that dividends shall be made quarterly ever afterwards Doctor Stearns died suddenly in 1820, and was succeeded by 'Squire Abner Bartlett, who served for twenty-one years, and his record, clear and explicit, in good black ink in characters as formidable as the turnpike gates, makes no mention whatever of dividends. James O. Curtis succeeded him in 1841,
January 1st, 1805 AD (search for this): chapter 2
ame immediately put on record P. C. Brooks Prest. This vote is in the elegant handwriting of George L. Stearns, son of the clerk. It alludes to the continual repair that was needful. The first recorded dividend is of date January 1, 1812, $4.00; the second recorded, July 5, 1813, $4.00. There may have been dividends paid prior to the above, as by the record of October 12, 1804, it was voted That the first dividend of the toll shall be made by the standing committee on the first day of January 1805 and that dividends shall be made quarterly ever afterwards Doctor Stearns died suddenly in 1820, and was succeeded by 'Squire Abner Bartlett, who served for twenty-one years, and his record, clear and explicit, in good black ink in characters as formidable as the turnpike gates, makes no mention whatever of dividends. James O. Curtis succeeded him in 1841, and on June 29, 1842, Recorded— Voted to make a dividend of two dollars on a share from the funds in the treasury, it
January 6th, 1810 AD (search for this): chapter 2
grade. As the toll-gate and keeper's house was at the base of Ploughed hill, quite near the southern end, it is evident that the Shunpikers were inward bound. The question is naturally asked, Was the turnpike a paying proposition? Major Wood in his work says, Of course no turnpike was a gilt-edged security, but the Medford must have been one of the best and a moderate dividend payer. From the record book it is difficult to say just when its first was paid. Under date of January 6, 1810,is— Voted That instead of making a dividend for the quarter which ended on the first day of the present month that the Treasurer be authorized to purchase one acre of gravel land adjoining the turnpike and canal at or under three hundred dollars and that previously to his making the payment that he be requested to be satisfyed with the title and to have a deed in the name of the Medford Turnpike Corporation and have the same immediately put on record P. C. Brooks Prest. Thi
January 1st, 1812 AD (search for this): chapter 2
re of gravel land adjoining the turnpike and canal at or under three hundred dollars and that previously to his making the payment that he be requested to be satisfyed with the title and to have a deed in the name of the Medford Turnpike Corporation and have the same immediately put on record P. C. Brooks Prest. This vote is in the elegant handwriting of George L. Stearns, son of the clerk. It alludes to the continual repair that was needful. The first recorded dividend is of date January 1, 1812, $4.00; the second recorded, July 5, 1813, $4.00. There may have been dividends paid prior to the above, as by the record of October 12, 1804, it was voted That the first dividend of the toll shall be made by the standing committee on the first day of January 1805 and that dividends shall be made quarterly ever afterwards Doctor Stearns died suddenly in 1820, and was succeeded by 'Squire Abner Bartlett, who served for twenty-one years, and his record, clear and explicit, in goo
July 5th, 1813 AD (search for this): chapter 2
d canal at or under three hundred dollars and that previously to his making the payment that he be requested to be satisfyed with the title and to have a deed in the name of the Medford Turnpike Corporation and have the same immediately put on record P. C. Brooks Prest. This vote is in the elegant handwriting of George L. Stearns, son of the clerk. It alludes to the continual repair that was needful. The first recorded dividend is of date January 1, 1812, $4.00; the second recorded, July 5, 1813, $4.00. There may have been dividends paid prior to the above, as by the record of October 12, 1804, it was voted That the first dividend of the toll shall be made by the standing committee on the first day of January 1805 and that dividends shall be made quarterly ever afterwards Doctor Stearns died suddenly in 1820, and was succeeded by 'Squire Abner Bartlett, who served for twenty-one years, and his record, clear and explicit, in good black ink in characters as formidable as t
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