Lot 64, Prince Edward Island
Lot 64 was awarded to Colonel Richard Maitland in the 1767 land lottery. By 1797, it had been sold to John Cambridge and Co., the largest landowner on the island. John Cambridge was not only the landlord, but also operated a sawmill, a gristmill, a shipbuilding yard, and the first store in the area.
John Cambridge's shipbuilding and land empire, (nearly 10% of Prince Edward Island), was built on debt; after his death the land was acquired in 1841 by Samuel Cunard, the Halifax shipping magnate. Cunard's heirs sold his landholdings to the provincial government in 1866, one year after his death.
The provincial system of land tenure was reformed by the federally funded Land Purchase Act (1875), where proprietors of more than 200 acres were forced to sell to the provincial government, who in turn resold the land to the tenants.
References
- ^ Stats Canada 2001
- ^ Clark, Andrew Hill (1959). Three Centuries and the Island. Toronto Press. p. 57.
- ^ "The Guernsey Settlers". Island Narratives Program. University of Prince Edward Island. Retrieved 21 November 2023.
- ^ Clark, Andrew Hill (1959). Three Centuries and the Island. Toronto Press. p. 269.
- ^ "Economics 101 for Settlers". Island Narratives Program. University of Prince Edward Island. Retrieved 21 November 2023.
- ^ "Profile: John Cambridge". Island Narratives Program. University of Prince Edward Island. Retrieved 21 November 2023.
- ^ Holman, H.T. "CAMBRIDGE, JOHN". Dictionary of Canadian Biography. University of Toronto/Université Laval. Retrieved 21 November 2023.
- ^ "....And the Feeling Was Mutual". Island Narratives Program. University of Prince Edward Island. Retrieved 21 November 2023.