- Dates
- 1984-01-21 – 1984-05
- Kind
- Property transfer
- Where
- Beaver Island
- Carried out by
- Beaver Island Boat Company
- Eras
- Modern era
- Concepts
- commercetransportationpropertyeconomycommunication
- Within
- Beaver Island
Summary
The April 1984 Beaver Beacon reported that a newly formed Beaver Island Boat Company had signed a contingent agreement to buy the ferry operation and related assets, subject to raising $450,000 in cash through a stock effort.
Evidence limits
The newspaper describes negotiations, corporate approval to publicize the offer, and an anticipated May transition; it does not prove that the sale closed or that the funds were raised.
Sources
- Reports January negotiations with John McGoff, a February 27 contingent asset purchase agreement for the Beaver Islander, South Shore, Beaver Island dock, and related assets, March 27 permission to publicize the offer and sell stock, and a $450,000 cash-raising effort. The directors hoped to return the operation to island-connected control by early May; this article records an effort and contingent agreement, not a completed sale or financing close. The holding institution's portal restricts automated access; the archive holds a copy of this issue and can provide it on request.data1 · beaver-island-archive · beaver_beacon · 1984-04_Beaver-Beacon
- The held thirteen-page April issue PDF is paired with the canonical OCR source and confirms the ferry buyback report.data1 · beaver-island-archive · scans · beaver_beacon · issues · 1984-04_Beaver-Beacon
- Reports that the new Beaver Island Boat Co. closed the purchase of the Beaver Islander, South Shore, ferry dock, and related assets on June 29, took control June 30, and held its first annual shareholders meeting September 1. This later report establishes the closing and subsequent operation; it does not replace the April source's contemporaneous account of the contingent agreement and stock-raising effort. The holding institution's portal restricts automated access; the archive holds a copy of this issue and can provide it on request.data1 · beaver-island-archive · beaver_beacon · 1984-09_Beaver-Beacon
- The held fifteen-page September issue PDF is paired with the canonical OCR source and confirms the ferry purchase-completion report.data1 · beaver-island-archive · scans · beaver_beacon · issues · 1984-09_Beaver-Beacon
Added 4 August 2026. Recent changes
Cite this article
Beaver Island Archive, “Beaver Island Boat Company seeks to repurchase the island ferry operation, 1984”, https://beaverislandarchive.org/events/beaver-island-boat-company-buyback-effort-1984/, accessed [date], citing “Good News - Boat Company To Come Back To Island People,” Beaver Beacon, April 1984. (and 3 further sources listed on the page).
Last revised 2026-08-04. Fill in [date] with the date you read it — this page is static and cannot know that.
BibTeX for “Beaver Island Boat Company seeks to repurchase the island ferry operation, 1984”RIS for “Beaver Island Boat Company seeks to repurchase the island ferry operation, 1984”