Seven Islands Land Company is a privately held land and timber management holding company based in Bangor, Maine. [1] [2]
Seven Islands manages approximately 1 million acres (4,000 km2) of forest in the North Maine Woods, in northern and western Maine, for dozens of members of the Pingree family, descendants of wealthy Salem, Massachusetts shipping magnate David Pingree (nicknamed the "Merchant Prince of Salem"). He began to acquire the Maine lands more than 150 years ago. [3]
In 1997, the family's Seven Islands Land Company is believed to be the fourth largest private landowner in the United States, according to an analysis by Worth magazine. [4] Seven Islands is integrally tied to another family entity, Pingree Associates. As of 2017, the Pingree family is 10th largest private landowner in the United States.
The Pingree family holdings date back to 1820, when Maine became a state. In that year, Pingree, correctly believing that his city would cease to be a major port, started purchasing vast tracts of softwoods and hardwoods as an investment hedge. [5]
Over the next 150 years, the Pingree holdings would reach 1 million acres (4,000 km2) and include over 2,000 miles (3200 km) of shore frontage along major rivers and streams, more than 100 lakes, 24,800 acres (100 km2) of deer yards and 72,000 acres (290 km2) of wetland habitat.
Development on the Pingree's Seven Islands Land Company property, much of which surrounds Baxter State Park and the Allagash River, is heavily restricted.
In 2001, Pingree Associates announced they had negotiated an arrangement with the New England Forestry Foundation to sell undevelopable easements on three-quarters of their nearly 1 million acres (4,000 km2). The remaining 250,000 acres (1,000 km2) were made available for limited development.
The agreement created the largest conservation easement in American history, effectively putting an area larger than the state of Rhode Island off-limits to development.
In the United States, a conservation easement is a power invested in a qualified land conservation organization called a "land trust", or a governmental entity to constrain, as to a specified land area, the exercise of rights otherwise held by a landowner so as to achieve certain conservation purposes. It is an interest in real property established by agreement between a landowner and land trust or unit of government. The conservation easement "runs with the land", meaning it is applicable to both present and future owners of the land. The grant of conservation easement, as with any real property interest, is part of the chain of title for the property and is normally recorded in local land records.
Land trusts are nonprofit organizations which own and manage land, and sometimes waters. There are three common types of land trust, distinguished from one another by the ways in which they are legally structured and by the purposes for which they are organized and operated:
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According to the California Protected Areas Database (CPAD), in the state of California, United States, there are over 14,000 inventoried protected areas administered by public agencies and non-profits. In addition, there are private conservation areas and other easements. They include almost one-third of California's scenic coastline, including coastal wetlands, estuaries, beaches, and dune systems. The California State Parks system alone has 270 units and covers 1.3 million acres (5,300 km2), with over 280 miles (450 km) of coastline, 625 miles (1,006 km) of lake and river frontage, nearly 18,000 campsites, and 3,000 miles (5,000 km) of hiking, biking, and equestrian trails.
Private landowner assistance program (PLAP) is a class of government assistance program available throughout the U.S. for landowners interested in maintaining, developing, improving and protecting wildlife on their property. Each state provides various programs that assist landowners in agriculture, forestry and conserving wildlife habitat. This helps landowners in the practice of good land stewardship and provides multiple benefits to the environment. Some states offer technical assistance which includes:
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California Rangeland Trust is a conservation nonprofit organization founded in 1998. The Rangeland Trust is the largest land trust in California, having conserved over 371,000 acres (1,500 km2) of rangeland on 90 ranches across 26 counties.
The Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tamil Nadu to produce newsprint and writing paper using bagasse, a sugarcane residue. The Government of Tamil Nadu listed the paper mill in April 1979 as one of the most environmentally compliant paper mills in the world under the provisions of the Companies Act of 1956. The factory is situated at Kagithapuram 11.0488°N 77.9977°E in the Karur District of Tamil Nadu and Manapparai, Trichy district of Tamilnadu. The registered office of the company is located in Guindy, Chennai.
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Joint Tribal Council of the Passamaquoddy Tribe v. Morton, 528 F.2d 370, was a landmark decision regarding aboriginal title in the United States. The United States Court of Appeals for the First Circuit held that the Nonintercourse Act applied to the Passamaquoddy and Penobscot, non-federally-recognized Indian tribes, and established a trust relationship between those tribes and the federal government that the State of Maine could not terminate.
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