1937Five Pound Island was purchased for over $12,000 for a fish pier.Economy and Industry, Maritime & Fishing Industry

Five Pound Island, c. 1912. Eben Parsons, Cape Ann Museum Library & Archives, Photo 19148
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Three parcels of land were taken by eminent domain for the construction of a $1.2 million state fish pier. The land would be deeded to the state and once constructed the pier would be leased to the Gloucester Community Pier Association at $20,000 a year.

Gloucester City Archives Council 1937 Document #323
Gloucester Daily Times. “Council Takes Three Parcels for Fish Pier.” February 27, 1937, Vol. 72 No. 15464 edition. https://sawyer.advantage-preservation.com/.
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