David Carlisle is elected president of P&C and George D. Carlisle becomes chairman of the board. History: 1970 - 1989 1970 P&C sells a strip of land in T12R13 and T13R13 to the State of Maine for the Allagash Wilderness Waterway. 1971 Participants in the P&C annual meeting agree that “land purchasing and harvesting are the way to go.” 1973 Great Northern Paper and Scott Paper Co. expand their operations. 1974 David M. Carlisle returns to Bangor from Boston, where he was a vice president at the State Street Bank and Trust, and takes over as P&C’s treasurer. Timberland sells for $21.15 an acre. 1982 David Carlisle is elected president of P&C, and George D. becomes chairman of the board. David leads the company through the Indian Land Claims Settlement and adds significant acreage to company ownership through acquisition and strategic exchanges with the State of Maine and conservation groups. 1984 P&C celebrates its 60th anniversary. Timberland sells for $110 an acre. 1989 P&C purchases an Autocad system for computerized drafting.