A few years after Lowell's death in 1823, a group of his associates founded the town of Lowell (about 20 miles north of Waltham) in his name and a series of
textile mills under a new company name (the Merrimack Manufacturing Company).
Not exact matches
Long into the 19th century, corporations were circumscribed as to the amount of capital they could solicit ($ 100,000, for instance, in New York
under the law of 1811); they were usually confined to a single type of operation (say,
textile manufacturing or flour
milling); and they were required to dissolve after a specific number of years, 20 or 30.
That's the Georgia
textile mill whose unhappy former workers provided vivid testimony of the company's decline
under Foley's stewardship.
Overall, this breed has had a humble past, being extensively used in
textile mills, factories and coal mines for the purpose of keeping the vermin population
under control.