History of Middlesex County, Massachusetts - citizen hylbom blog
History of Middlesex County, Massachusetts - citizen hylbom blog
History of Middlesex County, Massachusetts - citizen hylbom blog
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interest was felt in the matter, it was hardly worth<br />
while to organize ; but Mr. Carney was willing to<br />
act as treasurer, and we concluded to apjioint our-<br />
selves trustees, and make the experiment. A few<br />
months after this the town <strong>of</strong> Lowell decided to<br />
build a town-house, and wanted to borrow the<br />
money for tlie purpose, wliich we decided to lend<br />
them. The sum, I think, was $ 1 7,000."<br />
This was the origin <strong>of</strong> tlie Lowell Institution for<br />
Savings, which was incorporated in October, 1829.<br />
James G. Carney was treasurer until his death in<br />
] 869. Dr. Green, president <strong>of</strong> the Old Residents'<br />
Historical Association, in alluding to this event,<br />
The record <strong>of</strong> forty years at the liead <strong>of</strong><br />
says : "<br />
our oldest savings institution will not show a sin-<br />
gle dollar lost <strong>of</strong> the millions which have passed<br />
through Mr. Carney's hands, and not a figure re-<br />
formed. A committee was chosen to manage the<br />
concerns <strong>of</strong> the society, consisting <strong>of</strong> Captain John<br />
Bassett, Benjamin Melvin, James Derby, David<br />
Cook, and Winthrop Howe. Thomas J. Greenwood<br />
was secretary. The second meeting was<br />
held in the Merrimack Company's school-house.<br />
February 4, 1828, the Appleton Company was<br />
incorporated, with a capital <strong>of</strong> $600,000. Thomas<br />
H. Perkins, Ebenezer Francis, and Samuel Apple-<br />
ton were named in the act.<br />
February 8, the Lowell Manufacturing Com-<br />
pany was incorporated, with a capital <strong>of</strong> $300,000,<br />
since increased to $2,000,000. Frederick Cabot,<br />
William Whitney, and Richard C. Ciljot wciv named<br />
in the act. The history <strong>of</strong> the car|)rt iiiiiiiul'ictiire<br />
is <strong>of</strong> great interest, but our space iIkcs not permit<br />
an extended review <strong>of</strong> its progress in this country.<br />
Messrs. Henry Burdett and Alexander Wright<br />
establislied a small carpet manufactory at Medway.<br />
^Ir. Wriglit afterwards sold his interest to Mr.<br />
Burdett, who in turn sold the whole property to<br />
Frederick Cabot and Patrick T. Jackson. Messrs.<br />
Cabot and Jackson, after tiie organization <strong>of</strong> the<br />
Lowell Manufacturing Company, sold tlie mil! niul<br />
macliincry at Medway to tlie new cDinpiiiiy. While<br />
the buildings wore being erected in iidwell, the<br />
works in Medway were kept in operation, under<br />
the superintendence <strong>of</strong> Mr. Wright. Our towns-<br />
man, Peter Lawson, had charge <strong>of</strong> the designing<br />
department at Medway, and continued that relation<br />
to the company for many years after he came to<br />
Lowell. The company have looms, invented by E.<br />
HISTORY OF MIDDLESEX COUNTY.<br />
B. Bigelow, for weaving Brussels carpeting. They<br />
manufacture also heavy shoe-lastings and worsted<br />
goods, a new branch <strong>of</strong> industry in Lowell. The<br />
original capital <strong>of</strong> $300,000 has been increased to<br />
$2,000,000.<br />
Dr. Elisha Bartlett delivered the 4th <strong>of</strong> July<br />
oration. October 6, the Lowell Bank was incor-<br />
porated, with a capital <strong>of</strong> $200,000.<br />
January 7, 1829, the Merrimack Company's mill<br />
was destroyed by fire. At this time the machineshop<br />
was busy on the Hamilton Company's ma-<br />
chinery ;<br />
but the agent <strong>of</strong> the Merrimack Company<br />
was authorized to make an agreement with the<br />
Hamilton to give way to the necessity <strong>of</strong> the Mer-<br />
rimack.<br />
At the town-meeting, March 2, $1,000 was<br />
appropriated to purchase a fire-engine and hose.<br />
quiring to be changed in nineteen ledgers <strong>of</strong> nearly<br />
"<br />
one thousand pages each !<br />
April 6, the town voted to build a town-house,<br />
and May 4, Messrs. Boott, Moody, Jonathan Tyler,<br />
July 23, the first Universalist society was Elisha Glidden, and Elisha Ford were appointed a<br />
building committee. May 21, the town voted to<br />
borrow $18,000 for this purpose, and to petition<br />
for the incorporation <strong>of</strong> a tire department.<br />
May 4, the town acted on the petition <strong>of</strong> John<br />
Jjowell, Jr., and others to be annexed to Lowell.<br />
John Lowell, Jr., a son <strong>of</strong> Francis C. Lowell, came<br />
here with the intention <strong>of</strong> making Lowell his home.<br />
He had planned a magnificent structure to be lo-<br />
cated in Belvidere, just below the residence built<br />
by Samuel Lawrence, now owned by General B. F.<br />
Butler, where he no doubt intended to spend the<br />
remainder <strong>of</strong> his days. The keep, or house, at the<br />
entrance <strong>of</strong> his grounds is still standing, and was<br />
once owned or occupied by the late A. L. Brooks.<br />
It was thus early that he petitioned for the annexa-<br />
tion <strong>of</strong> Belvidere. The vote stood ninety in favor<br />
<strong>of</strong> and fifty against the petition.<br />
February 25, Mr. Lowell <strong>of</strong> Boston introduced<br />
an order in the legislature to consider the expe-<br />
diency <strong>of</strong> constructing a railroad from Boston to<br />
Lowell. In consequence <strong>of</strong> this order, Mr. Iley-<br />
ward was appointed, under a resolution <strong>of</strong> the<br />
<strong>Massachusetts</strong> Legislature, to survey a railroad<br />
route to Lowell. He made the eastern route<br />
iweiity-three miles, twenty-two chains, and the<br />
western route twenty-two miles, seventy-eight<br />
chains in length. The distance by stage-road was<br />
twenty-four miles, nineteen chains, and in a straight<br />
line twenty-two miles, five chains.<br />
William Wyraan was appointed postmaster.<br />
Soon after his appointment lie moved the <strong>of</strong>fice<br />
from Central Street to the City-Hall Building.