In the summer of 1870 a group of Hartford investors decided that Old Saybrook, would be an excellent location for developing a summer resort for wealthy Hartford residents. They named their company the New Saybrook Company. The centerpiece of their resort would be the grand Fenwick Hall hotel. 318 lots surrounding the hotel were offered for sale. Hartford was the most affluent city in America in 1870. What could possibly go wrong with this investment opportunity? Read more about troubled Fenwick Hall and the New Saybrook Company in Part I of this story.