Municipal Affairs / An annotated chronology of town meetings
HAMPTON: A CENTURY OF TOWN AND BEACH, 1888-1988
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Chapter 12 -- Part 1
1886 to 1899
Whereas the land owned by the town extending from the Island Path to the river mouth not being utilized and will not be for any town purpose nor yield any income for the town and where as said land being located and so convenient for cottage purposes under the new Exeter Street Railway ... and capable of yielding a large income to the town and greatly increasing taxable property and whereas there are responsible parties ready and willing to lease and improve the same for town interest, therefore resolve that the selectmen be instructed to lease the same to the Hampton Beach Improvement Company at such rental and under such conditions as will be for the best interest of the town and for the most valuable improvement of said land and that the selectmen be instructed to lay out a road in a southern direction to the river parallel to the beach hill and to do what is necessary to improve said land.
This article led to the formation of the Hampton Beach Improvement Company, incorporated not by the street railway but by a group of farsighted local men. Having passed these two articles, voters at the special meeting rejected articles calling for a $1,000 contract with the railway to provide electric lights for the town.