History of Stoneham, Maine
From
A Gazetteer of the
State of Maine http://history.rays-place.com/me/stonham-me.htm

By Geo. J. Varney
Published by B. B. Russell, 57 Cornhill,
Boston 1886

Stoneham lies in the western part of Oxford County, south of the Androscoggin River. it is 17 miles west of Paris, and is connected with South Paris, on the Grand Trunk Railroad by a stage-line. It is bounded on the north by Mason, east by Albany, south by Lovell and west by Stow. The whole northern, western and the northern half of the eastern border is marked by mountains. These in order, beginning at the south-west, are Shell, Ellis, Adams, Speckled, Durgin, Red Rock and Bear mountains, with others smaller intervening, and not named upon the town map. Sugar Hill is quite an eminence in the northwestern section. This town lies on the north and east sides of the angle of Lovell. Adjoining Lovell on both sides are a1so mountains lying within the borders of Stoneham. Upper and Lower Stone ponds lie in the eastern part, each being about one square mile in area. Horse. shoe Pond lies on the western part of the southern line, Issachar Pond on the west-line of the southern limb of the town,and “The Five Kezars” at the extreme southern part. The principal streams are the outlets of these ponds, and Great Brook, running through the middle of the town southward to Upper Kezar Pond, which also lies partially on the southern line. Cold Brook, from the north-western mountains, and. with a pond. on its course, enters Upper Kezar west of Great Brook. The central parts of the town are more level, and in some parts have a high degree of fertility, and many farmers have laid by money. The manufactures also have proved profitable and consist, at East Stoneham, of staves, spool strips, boards and shingles; and at West Stoneharn, of spool strips, short lumber, carriages, wood and iron work, etc. The principal religious organization is that of the Methodists.

This town was incorporated January 31, 1834. It has five public schoolhouses, and the school property is valued at $2,000. The population in 1870 was 425. In 1880 it was 475. The valuation in 1870 was $70,250. In 1880 it was $63,381.

Thanks to Jim Clarke, we now have the full scoop on Evergreen Valley.  The following is taken from his research paper "Trials and Tribulations: A Social and Economic History of Skiing in New England, 1920-1980" http://www.nelsap.org/me/evergreen.html

Of all the ski facilities that failed between 1960 and 1980, Evergreen Valley perhaps best symbolizes the reckless, uncontrolled, wildcat investing that sought to capitalize on the popularity of skiing and winter recreation.  Unfortunately, because the resort had close financial ties to the town of East Stoneham, Maine, its failure had a deleterious and lasting effect on the local economy.  During the early 1970's East Stoneham's civic leaders proposed to build a small ski area, with the hype that it would bring needed income to the town and keep its younger population from moving away due to a lack of jobs, especially during the wintertime.  Originally the project called for a modest initial investment of $250,000 for a lift and a prefabricated steel building as a base lodge.  In conjunction with the neighboring town of Lovell, East Stoneham leaders set up a joint investment company to sell stock.  With only $35,000 raised in the first year, it soon became apparent that the returns from local contributors were insufficient to fund overall construction costs.  Eventually the town's council hired an outside promoter to gather additional investors.  Within a short time several promoters and investors radically changed the development plans from a simple mid size ski area to a multi-purpose, four season mega resort.

A state agency known as the Maine Guarantee Authority eventually insured any bonds on the resort. This made "the venture appetizing to capital well beyond the confines of East Stoneham. Consequently, two New York based firms, the Franklin National Bank of NY, and the bond house F.I. duPont, Glore Forgan &Co. dramatically expanded plans for the resort.  Franklin National Bank subsequently went bankrupt over the resort.  New proposals envisioned a 2000 acre, four season resort that included a lakeside marina, condos, a golf course, a heated outdoor pool, domed tennis courts, and a motel. Additionally, developers constructed twelve ski runs where original phased plans called for just one or two.  As construction costs spiraled the money soon ran out.  In a cruel twist of fate, Evergreen Valley opened for skiing in 1973, a year in which a lack of snow and a looming energy crisis closed numerous facilities, some permanently.  By the good winters of 1975 and 1976 Evergreen Valley had closed again due to bankruptcy.  Possibly the most devastating legacy of Evergreen Valley was the effect on East Stoneham.   In 1973, Maine passed a controversial school funding law that, because of a lush new resort within its borders, had the effect of doubling East Stoneham's assessment, a burden it could not bear since Evergreen Valley produced no tax revenue.  Eventually the state rescinded its assessment due to the depressed regional economy encompassing East Stoneham and the neighboring town of Lovell.  Today the overgrown trails and abandoned buildings of the defunct Evergreen Valley Ski Area stand as a mute testimony to East Stoneham's' worst financial debacle and the 1970's craze to cash in on skiing's popularity.

Here is a listing from 1979, although it had closed by then.
(Eastern Ski Map)
3 Double chairlifts, 12 trails (novice through expert)
Parking, ski school, cross country, snowmaking
1050 foot vertical drop
NE and E exposure