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Slade Mill
| Name | Slade Mill |
| Ortssitz | Fall River (Mass.) |
| Art des Unternehmens | Textilfabrik |
| Quellenangaben | [Earl: Centennial history of Fall River (1877) 133] |
| Zeit |
Ereignis |
| 01.05.1871 |
Einigung zum Verkauf der Grundstücke zum Bau der Fabrik |
| 13.05.1871 |
Eine dauerhafte Unternehmensorganisation wird gebildet mit Mr. William L. Slade als Präsident und James M. Osborn als Finanzleiter. - Die ursprünglichen Anteilszeichner sind 27. |
| Produkt |
ab |
Bem. |
bis |
Bem. |
Kommentar |
| Baumwollgewebe |
1872 |
Beginn um 1872 |
1877 |
[Cent. hist. of Fall River (1877) 133] |
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| ZEIT | 1877 |
| THEMA | Beschreibung |
| TEXT | Is noteworthy as the first erected of the group of factories located in the southern district of Fall River. The enterprise was initiated by the owners of a large tract of unimproved land a few rods south of the Globe Village, on and about what is known as Cook's Pond (or Laurel Lake) - Messrs. William L. and Jonathan Slade, Benjamin Hall, and the Dwelly heirs- who entered into a joint agreement, on the 1st of May, 1871, to sell their real estate for the erection of a mill thereon. Before the day was concluded every share of the stock had been subscribed, and probably double the amount could have been raised . The original subscribers were but twenty-seven in number, conspicuous in the list, in addition to those already mentioned as owners of the one hundred and fifty acres of land conceded to the company, being Frank S. Stevens, John C. Milne, W. and J. M. Osborn, Richard B. and Thomas J. Borden, S. Angier Chace, David A. Brayton, B. M. C. Durfee, and William Valentine. On the 13th of May a permanent organization was formed, Mr. William L. Slade being chosen president and James M. Osborn treasurer. Ground was at once broken for a mill, and the structure of brick rapidly pushed forward. The effect of this new industrial movement was phenomenal. Real estate in the vicinity took an instantaneous upward turn, plots of unoccupied land in every proximate direction being picked up by eager purchasers almost before the owners could name a price, acres that were not valued a few years previously at $200 going off for 10.000. The shares of the new company rose from par (100) to 172, before the foundation of the factory had been completely laid. In the midst of this activity - so surely does one enterprise beget others - other companies were formed, and the King Philip, Osborn, and Montaup Mills soon in process of erection on portions of the land originally owned by the Slade corporation. The result of this pioneer enterprise has been the establishment of a new village, adding probably 5000 to the population of Fall River, and over 2.000.000 to its production. One of the finest public-school edifices in the city has been erected on Main street, near the mills, known as the Slade school, and a new church has likewise been built for the Catholic community. The highways, thrown open on its real estate by the company, have been
accepted by the city. The Slade Mill produces print cloth. Its capacity is 10.000,000 yards annually, consuming 4.000 bales of cotton . It runs 37.040 spindles and 860 looms. The present number of stockholders is seventy. |
| QUELLE | [Earl: Centennial history of Fall River (1877) 133] |
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