Lake Whatcom Logging Co. was partially backed by Julius Bloedel and J.J. Donovan, and the company purchased numerous tracts of land throughout the region, eventually controlling "practically all the best timber in the area," according to this article. When Bloedel and Donovan bought out their third partner's shares in Lake Whatcom Logging Co., it (and its land holdings) became part of the Bloedel-Donovan Lumber Mills company.
This explains why Bloedel-Donovan was the owner on record when the East Parcel of what is now the Point was platted into Shallow Shores Road. As to why Bloedel-Donovan took this action, a look at its Statement of Profit & Loss covering the period 1920 to 1932 provides a clue:
Source: George Loggie W. Papers, Center for Pacific Northwest Studies |
After being profitable throughout the 1920s, the company suddenly started bleeding red. In a note to the P&L, the company reported, "The lumber industry in this region has been menaced by an ever-increasing tax on timber and timber lands. The timber owner has been forced to liquidate his holdings faster than normal consumption demands, which has resulted in a virtual confiscation by the tax levying bodies."
Having likely "liquidated" its holdings on the south end of Lake Samish, Bloedel-Donovan evidently decided to plat the land adjacent to the lake into Shallow Shores Road in 1932. It will be interesting to learn who the first owners of the platted lots were.