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W W W. M A I N E B I Z . B I Z 13 J U N E 1 0 , 2 0 1 9 Saint George. As part of the project, the Maine Department of Inland Fisheries and Wildlife will purchase an additional 168 acres of Clark Island neighboring the existing 250-acre Clark Island conservation area. The overall site will protect breeding and migratory habitats for birds while also enhancing outdoor recreation opportunities. First National Bank in Damariscotta donated $30,000 to Mount Desert Island Hospital, as part of a three-year donation totaling $100,000 to support the hospital's emergency generator campaign. Lobster monitoring effort gets key funding A $75,000 gift from two seafood companies will fund a fourth field season for a University of Maine deep-water lobster settlement moni- toring program. e 2019 field season will be funded by a $50,000 gift from Ready Seafood and a $25,000 gift from Santa Monica Seafood Co., a seafood distributor in California. e deep-water research is an extension of the American Lobster Settlement Index, which was initiated in 1989 by Rick Wahle, a research professor in the School of Marine Sciences who was named director of the Lobster Institute last fall. e index includes collaborators and monitoring sites from Rhode Island to Newfoundland. Maine Sea Grant sponsored the first two years of deep-water monitoring in collaboration with Ready Seafood Co. of Portland and the Maine Department of Marine Resources. When the Maine Sea Grant project ended, Ready Seafood stepped in with a $75,000 gift to support a third research field season in 2018. N O T E W O R T H Y N O R T H E R N & E A S T E R N Katahdin Bankshares Corp., parent company of Katahdin Trust Co. in Houlton, announced that it declared a cash dividend of 11.25 cents per share for the second quarter of 2019, representing a 4.65% increase over last year's second quarter dividend. The divi- dend will be payable on June 21 to all shareholders of record as of June 14. Entrepreneurship and Innovation are Deeply Rooted in the Maine Economy When starting a business, you have a lot to keep your eye on. Sometimes it's hard to see the opportunities and the risks clearly. That's where Drummond Woodsum attorneys Michael High, Aaron Pratt, Gary Vogel and Lisa Magnacca can help. We provide expertise in all phases of your business, from formation and nancing to strategic relationships and business combinations. It's important for start-ups and young companies to get the legal insight they need, so that they can focus on growing their business. We offer practical, business-focused advice and have shepherded many companies from formation through ultimate sale and liquidity for founders. We practice law differently. Since 1965. dwmlaw.com | 800.727.1941 N O R T H E R N & E A S T E R N

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