A Copy of an Act to Incorporate the Tobique Mill Company
Text of the act to incorporate the Tobique Mill Company as an international entity operating in both Fredrickton, New Brunswick, Canada and Maine. The company, established by George F. S. Burton, James Taylor, John F. Taylor, William H. Street, William P. Ranney, John A. Beckwith, Ephraim H. Lombard...
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| Format: | Text |
| Language: | unknown |
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DigitalCommons@UMaine
1836
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| Online Access: | https://digitalcommons.library.umaine.edu/mainebicentennial/94 https://digitalcommons.library.umaine.edu/cgi/viewcontent.cgi?article=1093&context=mainebicentennial |
| Summary: | Text of the act to incorporate the Tobique Mill Company as an international entity operating in both Fredrickton, New Brunswick, Canada and Maine. The company, established by George F. S. Burton, James Taylor, John F. Taylor, William H. Street, William P. Ranney, John A. Beckwith, Ephraim H. Lombard, and Thomas H. Howe with a capital stock of £75,000 divided into shares valued at £25 each. The company contracted with the provincial government to purchase 100,000 acres of land along the Tobique River, including its tributary lakes and streams, in tracts of 10,000 acres. The document states, "It is believed that this purchase comprises the most valuable pine timbered lands upon the whole river St. John." containing "more pine timber than any ten townships [in Maine]." Land purchases by the Tobique Mill Company significantly impacted reserves previously set aside for the Maliseet people. https://digitalcommons.library.umaine.edu/mainebicentennial/1093/thumbnail.jpg |
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