[J. Thomas Scharf (1886)] and William Bailey, of Somers, compose the stock-holders. The business of milk condensing is a con-stantly increasing source of profit. HOTELS. — The oldest inn or hotel in the town is located near its northeastern boundary, just on the edge of the village of North Salem. It has been used as a hotel over a century, though for a few years past it has been occupied as a private dwelling. It was kept as an inn by the Lockwood family in 171)4, and was a noted stopping-place for drovers and showmen for many years. Standing, as it did, on the main highway from the east to Sing Sing and New York, it became a well-known hostelry to all the travelers of those days. George Bailey, a veteran showman, owned and occupied it for a number of years, and this rendered it a notable resort for his contemporaries in the same line of business. Jackson Mead was the last proprietor of the building as a hotel in 1883. It is now owned by Piatt Bailey, and occupied as a dwelling. On the west shore of Lake Pehquenna-konck, and near the north line of the town, is another large building, which has been modernized and en-larged, but which has always been kept as an inn or boarding-place. It is owned by Thomas Vail, and