Trustees create Lane Property Trust for historic Samuel Lane Homestead
Stratham Trustees of the Trust Funds approve historic Samuel Lane property trust. The Trustees created a new Lane Property Trust to manage the Samuel Lane Homestead at 132 Portsmouth Avenue following the town's receipt of the deed, with the Lane Heirs pledging $500,000 incrementally over the next
Agendas & · Meeting of January 1, 2026
NH STRATHAM — Stratham Trustees of the Trust Funds approve historic Samuel Lane property trust. The Trustees created a new Lane Property Trust to manage the Samuel Lane Homestead at 132 Portsmouth Avenue following the town's receipt of the deed, with the Lane Heirs pledging $500,000 incrementally over the next two to three years for maintenance. The Trustees approved investment of $250,000 from the Lane Property Trust and rebalanced Capital Reserve and Common Fund portfolios, reinvesting $450,000 from maturing certificates of deposit into a three-month U.S.
Treasury Bill yielding 40 basis points. Three operational trust funds for the now-defunct Stratham Fair were transferred to the Stratham Volunteer Fire Department Association in December.
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Source: the Agendas & meeting of January 1, 2026, compiled from the official minutes.
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