Dodge, Meigs, and Company, owned by Norman Dodge and Titus B. Meigs, had been in the lumber business since 1869. In the Adirondacks, they were buying much of the lumber produced by John Hurd, and were trying to expand into lumber manufacturing. Negotiations between Meigs and Hurd resulted in the formation of the Santa Clara Lumber Company in March of 1888. Hurd had control of about seventy-five thousand acres of timberland and some sawmills that were deeply in debt. But Hurd's assets were enough to provide him with 45 percent of the capital stock of the newly formed corporation. Also part of the new corporation was a smaller hardwood sawmill at Santa Clara owned by the St. Regis River Lumber Company.
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