STOCK CERTIFICATE Worumbo Manufacturing Comp. State of Maine 1932

Description

Vintage US vintage stock certificate with stub issued  in 1932, cancelled. Top with small damage. (1.5*)
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Worumbo Mill, on the northern shore of the Androscoggin River, was founded by Lisbon businessmen, Edward Plummer and H.A. Tibbetts, and Bath resident, Oliver Moses. It was named in honor of Worumbo, a tribal chief of the Anasagunticook Indians, the original inhabitants of the area. Plummer and Tibbetts purchased territory on the river known as the “Barker Estate” in 1861, realizing its water-power potential situated as it was at the base of Ten Mile Falls. With an investment of 0,000, ground broke in 1864 and the factory began producing fine woolens in 1865.
A fire started in the original portion of the mill on July 23, 1987, completely destroying the old portion of the complex, but the 1920s expansion was spared from the flames. All told, 283 firefighters responded to the blaze. Although the fire was controlled in five hours, using 15,000 gallons of water per minute to do so (a total of 17.8 million gallons was used the first day) crews stayed for another 13 to extinguish the flames, and returned each day for over a week to be sure no flare-ups occurred. The Maine Forest Service responded with a helicopter to drop water, and crews from many surrounding towns assisted in the battle. It was one of Maine's largest industrial fires.
The mill was also featured in the Stephen King novel
11/22/63
. The mill was demolished in 2016.