After the Hartwells, the Thayers were the richest family in town. Lyman Thayer arrived from Massachusetts in 1859 as clerk and timekeeper of Hartwell Timber Co., kept its time book, paid its crews and in time became its treasurer. His wife, Lavinia, outlived him and kept their house. Their son Everett ran the mill as superintendent from 1896 and was the company's largest creditor when it was sold.
When the town's trust opened the Institute in 1918, Everett became the trust's first treasurer. His son Prescott later held the same post and helped carry the torch at the first Founders Festival in 1957.





