Search results
Results from the WOW.Com Content Network
On July 29, 2008, the "Final Order" from US Bankruptcy attorney, Judge Richard Schmidt, led to the transfer of the assets of the bankrupt PALCO and all its subsidiaries to the Mendocino Redwood Company and the town of Scotia to Marathon Structured Finance. After 145 years as PALCO, the new company is known as the Humboldt Redwood Company.
Scotia, formerly known as Forestville until 1888, is a census-designated place in Humboldt County, California. [5] [6] [2] It is located on the Eel River along U.S. Route 101, 8.5 miles (13.7 km) southeast of Fortuna and 244 miles (393 km) north of San Francisco. [5]
The Trinidad extension reverted to Hammond Lumber Company control in 1933 and operated as logging branches of the Humboldt Northern Railway until 1948. [ 32 ] Pacific Lumber Company built 7 miles (11 km) of track in 1885 to connect their mill at Scotia with the Eel River and Eureka Railroad at Alton.
The sawmill was the first in Humboldt County to use a kiln for drying lumber. [5] The town was originally called North Fork, but was renamed Korbel in 1891 with the arrival of the post office. [2] The Korbel family sold their Mad River properties to the Northern Redwood Lumber Company in 1902. Rail passenger service ended in 1931.
Metropolitan is an unincorporated community in Humboldt County, California. [1] It is located on McDairmid Prairie, on the north side of the Eel River floodplain three miles downstream of Scotia, [2] at an elevation of 72 feet (22 m). [1]
Stratosphere Giant was the tallest known living redwood until the discovery of three taller trees in Redwood National Park; the tallest, Hyperion, measuring 115.55 metres (379.1 ft) in September 2006. [8] Before the discovery of Hyperion, the tallest redwood ever measured was the Dyerville Giant, also in Humboldt Redwoods State Park.
The final dispensation of the bankruptcy, which had been ongoing since January 2007, began the transfer of PALCO's buildings, mill, and 210,000 acres (850 km 2) of Humboldt forest to MRC. The company town of Scotia and other properties were transferred to Marathon Structured Finance. [7]
The location was formerly a company town for sawmill workers of the Little River Redwood Company, organized in 1893 by owners in Ottawa and western New York. Company headquarters were in Tonawanda. The California sawmill commenced operations in 1908. [3] The post office opened in 1909 was named for property owner Conrad Bulwinkle.