The Economic Times

JP Morgan once bought 117 acres of Maine coast including Sand Beach as a wedding gift for his daughter, but his grandaughter later donated 100 acres; here's why

In 1900, financier JP Morgan bought 117 acres of Maines coast, including Sand Beach and Great Head, as a wedding gift for his daughter Louisa. Decades later, after her death and the 1947 fire destroyed much of the family estate, Louisas daughter Eleanor donated about 100 acres to Acadia National Park in 1949.