View source for Everton Lumber Company



'''Everton Lumber Company '''was formed in 1888 from the failure of an earlier concern by [[Henry%20Patton|Henry Patton]] <span style="">with [[https://localwiki.org/hsl/George_E._Dodge|George E. Dodge]]<span style=""> and [[https://localwiki.org/hsl/David_H._Patton|David H. Patton]]<span style="">.  It was associated with Thomas H. McGraw and Theodore B. Basselin, one of the original commissioners of the newly formed Forest Commission
-----

''Adirondack News'', April 28, 1888

The dissolution of the firm of McFarlane & Ross will be found in this issue. This firm was organized three years ago and during the three years since the company commenced doing business, they have expended a large amount of money and have been very instrumental in the developement of this section of the country, we give below a partial account of the business transacted by them during their brief stay with us. They purchased 16,000 acres of timbered land at a cost of $50,000; built seven miles of railroad, through a very hard country, so hard even that some thought it an impossibility to build a road that would be of practical use through such a country, this required an expenditure of $10,000. At present there is a considerable figuring being done to make this road which is named St. Regis Falls & Everton R. R. a connecting link between the Canada Pacific and the Carthage road which is to be built this summer, from the R. W. & O. R. R. penetrating the southern portion of the Adirondack wilderness. The plan is to extend the Canada Pacific to Ft. Covington, and from there through Malone connecting with the St. R. F. & E. R. R. at Everton, and the much talked of road to be built by Cutting & Mitchell to connect the St R. F. & E. with the Carthage road, thus making a through line, so the road first built for lumbering purposes may yet be a portion of a great railway line.

The firm also built two mills at a cost of about $35,000; have manufactured about 30,000,000 ft of lumber, and leave the business in a flourishing condition. The sale including the winter's supply of logs amounted to about $130,000; The profit of the business for the three years equalled nearly $80,000.

Henry Patton the buyer, has organized the property into a stock company, under the name of Everton Lumber Co., with Henry Patton as Pres. B. G. Mullin, Supt. D. L. Patton, Sec'y.