 In August 1883, Hutchins had leased Governor's Island, on Lake Winnipesaukee in Gilford, New Hampshire, from Isaiah Morrill of Gilford, for $1,000 per year for 99 years, "with the privilege of purchasing the island within twenty years for the sum of $20,000".The arrangement took effect January 1, 1884.Hutchins built a mansion on the island in 1885.