In 1916, Harry C. Rowe sold his 30-acre estate at Eastern Point toCharles W. Morse.[2]Charles W. Morse was president of United States Steamship Company,[3] which was the parent company ofGroton Iron Works and Virginia Shipbuilding Corporation.[4] 4,993 shares of the 5,000 total shares ofGroton Iron Works stock was owned by United States Steamship Company.[5] Qualifying shares were owned by the following: four shares by C.W. Morse and his three sons; one by Mr. Guggenheim; one by Mr. Loft; one unknown.[6] $3,500,000 was spent to constructGroton Iron Works, which employed 3,600 men.[7]
Emergency Fleet Corporation contract #225 S.C. for six 9,400 dead-weight ton steamers was signed 20 April 1918. Three were eventually canceled due to the end of the war.[11]
On 30 January 1926,Hickman Sea Sled announced the lease of the jointer shop building.[17]
On 25 January 1927, Atlantic Coast Fisheries purchased the northern section of the property from Boston Iron and Metal Company,[18] to fillet, freeze and package haddock. In 1929 they purchased the remaining property, then sold some toShell Oil Company for the construction of a distributing center with seven tanks.[19]
In January, 1941, a syndicate headed by Alfred Holter purchased most of the property, intending to build freighters for Britain.[20] Purchase price was $550,000 cash.[21]
On 5 February 1942, the US Navy purchased the property from Alfred Holter andShell Oil Company for $222,000 using condemnation proceedings.[22] $9.5 million was spent to construct theVictory Yard, where theElectric Boat Company began building submarines on 22 July 1942.[23] On 3 November 1943 a Federal Court Committee awarded an additional $203,000 to the former owners.[24]
On 13 January 1945, Electric Boat announced that $3,000,000 will be spent to convert theVictory Yard to manufacture 105mm shells.[25]
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. 1088. Retrieved on 18 January 2011.
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. 1237. Retrieved on 18 January 2011.
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. CLXXIII. Retrieved on 18 January 2011.
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. CLXXIIV. Retrieved on 18 January 2011.
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. CXXXVI. Retrieved on 18 January 2011.
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. 1122. Retrieved on 18 January 2011.
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. 1131. Retrieved on 18 January 2011.
^"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. 1061. Retrieved on 18 January 2011.
^abc"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. 1215. Retrieved on 5 January 2011.
^abcdefghijklmn"C. W. Morse Contracts".Hearings before Select Committee on U. S. Shipping Board Operations. Washington DC: Government Printing Office. 1920. p. CCXLIX. Retrieved on 3 January 2011.