▁bought ▁the ▁mill ▁in ▁ 1 8 4 3 ▁and ▁renamed ▁it ▁the ▁Carolina ▁M ills ▁Company ▁in ▁honor ▁of ▁his ▁wife ▁Caroline ▁New bold ▁Haz ard ▁of ▁South ▁King st own . ▁The ▁village ▁around ▁the ▁mill ▁was ▁also ▁given ▁the ▁same ▁name . ▁ ▁The ▁Rh ode ▁Island ▁Historic ▁Pres ervation ▁Commission ▁described ▁ 1 9 th - century ▁Carolina ▁as ▁a ▁" center ▁for ▁the ▁surrounding ▁area , ▁including ▁a ▁school , ▁a ▁church , ▁a ▁post ▁office , ▁a ▁bank , ▁several ▁stores , ▁a ▁black sm ith ▁shop , ▁and ▁h alls ▁for ▁meet ings , ▁lect ures , ▁and ▁' ent ertain ments ' ." ▁The ▁local ▁post ▁office ▁was ▁named ▁" Car ol ina ▁M ills " ▁from ▁ 1 8 5 0 ▁until ▁ 1 8 7 9 , ▁when ▁it ▁was ▁renamed ▁" Car ol ina ." ▁ ▁In ▁ 1 8 6 2 , ▁the ▁complex ▁switched ▁from ▁cot ton ▁text ile ▁production ▁to ▁production ▁of ▁w ool ens . ▁The ▁Haz ard ▁family ▁operated ▁the ▁mill ▁complex ▁until ▁ 1 8 6 3 , ▁when ▁they ▁le ased ▁it ▁to ▁T . R . ▁Hy de ▁& ▁Co ., ▁which ▁was ▁a ▁partners hip ▁between ▁Thomas ▁R . ▁Hy de ▁and ▁Row land ▁Haz ard ▁II ▁that ▁operated ▁the ▁mill ▁until ▁ 1 8 6 8 . ▁The ▁mill ▁was ▁sold ▁to ▁new ▁own ers ▁in ▁ 1 8 6 9 , ▁but ▁Row land ▁Haz ard ▁II ▁operated ▁it ▁as ▁a