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The business trust made its debut in Massachusetts in 1827. As a result, a U.S. business trust today is often called a "Massachusetts trust" in legal circles. The U.S. Supreme Court defined the Massachusetts trust as a form of business organization, common in Massachusetts consisting essentially of an arrangement whereby property is conveyed to trustees: in accordance with terms of the trust.
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Boston, Massachusetts: Jewelry [84] [85] [86] Brownstone at 39 Newbury Street, Boston Massachusetts with Elevator (1-617-267-9100) Accessibility: 1797 The Birkett Mills: Penn Yan, New York: Mill-Buckwheat products [87] [88] Based in Penn Yan, New York: 1797 Gruber's Hagerstown Town & Country: Hagerstown, Maryland: Almanack [89] [90] 1797 ...
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Spag's was a discount department store on Route 9 in Shrewsbury, Massachusetts.The store was considered an early pioneer of discount retailing and was notable for its longtime resistance to accepting charge cards (until 1992), [1] offering plastic shopping bags (late 1996), [2] and shopping carts (introduced in 1998). [3]
The economic crisis took its toll on the chain, and owner Retail Ventures, Inc announced on January 20, 2009 its plans to close 11 of the chain's 36 stores. [10] The store closures did not help, and on April 22, 2009, Retail Ventures, Inc. announced that it had sold the remaining 25 Filene's Basement stores to the Buxbaum Group, a company that specializes in liquidations.