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Chase and Frye owned three other islands to the west. In 1902, <br />the Davis Island Boom Company diverted the Mississippi <br />River channel around the Chase and Frye Island, but erosion <br />threatened the riverbank. The channel was subsequently <br />restored. <br /> <br />Between 1916 and 1978, Lake Orono served as the generator of <br />electricity for the Elk River Power and Light Company. The <br />lake level was lowered in 1978 to preserve the deteriorating <br />dam. In 1980 the dam was rebuilt. (See Transportation <br />Context.) <br /> <br />A.W. Jesperson of Elk River had another vision for the Elk <br />River that involved elaborate re-engineering at his Camp Cozy <br />resort west of Lake Orono to accommodate a golf course and <br />recreational canal. <br /> <br />Elk River and a portion of Elk River Township, Minnesota, <br />1903 Atlas of Sherburne County. <br /> <br />Elk River Historic Contexts and Phase II Downtown Commercial Area Study <br /> 9 <br /> <br /> <br />