Riverbank

The Riverbank estate in Danversport was built by eccentric millionaire William Penn Hussey. Born in North Berwick Maine in 1847, Hussey left for California at age 18. He engaged in mining. When he settled in the east again he settled in Danvers. He occupied Riverbank from 1883 to 1910. Hussey married the only daughter of millionaire W. H. Munroe of Martha's Vineyard.

While in Danvers he engaged in the wholesale and retail coal business. Sometime around 1890, Mr. Hussey bought the undeveloped Broad Cove Coal Mine in Cape Breton, N.S. Canada for $60.000. He developed the mine, built a railroad and developed the harbor at Broad Cove. He made $3 million when he sold the company.

The Riverbank mansion sits on a high hill, overlooking the Waters River and Danvers to the north. Across the street from Riverbank is a majestic statue of a man on a horse. It is William Penn Hussey in his chief marshall uniform from Danvers' 150th anniversary parade in 1902.

See Also

Vertical File in Salem Collection - Hussey, William Penn

"Danversport mansion has colorful history" Salem News, Nov. 27, 2007, p. A6

"Wm. P Hussey of Danvers dead: made his millions by exploiting Coal Mines at Broad Cove, Cape Breton" Salem Evening News, Apr. 27, 1910, p. ?

The Ancestry of Marguerite Ingalls Hussey Chisolm Compiled by R. Thresher, p. 44-53