In
1925 N. Woodburn Nichols, a Haverhill clothier,
had the foresight to set aside monies to provide affordable
housing for the elderly residents first in
Groveland, second in West Newbury, third in
Georgetown and fourth in Haverhill, MA. Through
excellent fiscal management the Nichols Trust
has grown to where the first stages of a new
retirement community are completed on an eighty-four
acre site overlooking the Merrimack River
in Groveland, Massachusetts.