Eric on The Road

Journeys into the offbeat, off the beaten path, overlooked and forgotten - by Eric Model

Wednesday, July 12, 2006

Company Town, Losing a Landlord, Seeks a Mate (NYT)

The Pacific Lumber Company has owned the entirety of Scotia, California - all 500 acres of it, for 140 years: its homes, its streets, its shops and even its two churches.

Until now, that is. Late last year, bowing to economic realities and requests from employees, Pacific Lumber announced that it would sell almost all of its residential holdings in Scotia -- 275 houses -- to the employees who rent them, effectively putting an end to one of the last company towns in America.

The deal, of course, comes with a catch.

To read about what's happening there see:
http://select.nytimes.com/search/restricted/article?res=FB0F13FC38540C758CDDAE0894DE404482

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