The manufacturing of woolen goods in Holyoke dates back to the 1860s, when several notable companies began operating. This would include the companies in the Jared Beebe tree that started in 1863. Additionally, the Germania Woolen Company was organized in 1865 and will be researched and posted shortly. Another company, formed during that era, was the New York Woolen Mill, the topic of today's presentation.
Om July 13, 1863, Holyoke Water Power Company executed a lease with Edward Delabarre, the proprietor of the new factory built on his behalf at the northwest corner of Main and South Street. Except for a short period of time in 1865 and 1866, Edward Delabarre operated the mill on Main Street known as the New York Woolen Company.
On September 30, 1869, Mr. Delabarre sold the mill operation to Samuel Hanna of New York. In 1870, Mr. Hanna could not pay back the money he had borrowed in 1869 from Alexander T. Stewart. Mr. Stewart held a mortgage on the assets of the business.
In 1870, A. T. Stewart purchased the machinery, equipment, stock, furniture, supplies, and lease rights when he foreclosed on Mr. Hanna's loan for non-payment. Mr. Stewart's business was named the A.T. Stewart Company's New York Woolen Mills, the subject of the next installment.
Citations:
Newspapers.com (paid subscription): Citations: Springfield (Massachusetts) Daily Republican; publication dates and pages are shown.
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