The village of Franklin Mills (today's Kent) undoubtedly owed its existence to the Cuyahoga river. Waters rushing through the narrow gorge above and below the present day Crain Ave. bridge provided the power needed for the operation of grist and saw mills. Distilleries, tanneries, and forges soon followed, forming an "upper village" and a "lower village." Collectively, they were known as Franklin Mills.
In the early twenties the country had been bitten by the "canal bug." By 1825 one canalthe Ohiohad been planned, authorized, financed, and partly built. In 1827 legislation sanctioned the construction of another canalthe Pennsylvania & Ohioto link the interior of Ohio to Pittsburgh and beyond. For a time it seemed as though the canal was only a dream due to difficulties with financing. Those "on the inside" however, knew for certain that the canal was a reality. Eastern capitalists, enriched by years of prosperity, were looking westward towards Ohio for places to invest their money, and were seeking water power sites.
The P&O canal and abundant water power...a money making opportunity, if there ever was one.
So along comes Zenas Kent, prosperous Ravenna merchant and builder, with many influential friends. It is most likely that he had a clear knowledge that construction on the P&O canal would soon begin. He acquired approximately 500 acres of land and kept buying parcels of land adjoining the lower village, and by the end of 1933 was the biggest landowner in Franklin Township, and most of the land was next to the best water power site.
Now the stage is set for the Franklin Land Company. An organization of capitalists from Cleveland, Boston, Hudson, Ravenna, and elsewhere, who believed that Franklin Mills could be one of the foremost manufacturing centers of the country.