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The foundation date, «7043» (1535), was written on the icon of the Vivifying Cross belonging to Longin which was testified by the author of «The Tale of Loggin of Koryazhma», the monument in the local, Solvychegodsk and Veliky Ustyug, tradition of book-writing; its historical and literary background has not yet been studied by researchers. «The Tale» was mentioned by a chronicler Aleksey Soskin in his History of the Town of Sol Vychegodskaya. Another document of 1556, of the times of Hegument Vassian, tells that the Nikolo-Koryazhemsky Monastery owned several villages: Konashevskaya, Telyachya, Savinskaya, Lukovitsina Gora. From numerous documents that have survived till our times (Census of the population and Scribes’ books of the Solvychegodsky Uyezd and Monastery inventories) it is known that the Nikolo-Koryazhemsky Monastery played an important role in the economy and culture of the land in the 16th - 17th centuries. Among other monasteries it was notable for its considerable property - estates in the valley of the Viled River, a tributary of the Vychegda River, and the Khristofor’ Hermitage up the River Koryazhemka founded by Khristofor, Longin’s pupil. Donators of the Monastery were numerous notables of Solvychegodsk and Veliky Ustyug. The Stroganovs Family has been well known for their rich donations.
The flowering of the Monastery culture fell on the middle of the 17th century when the Hegumen of the Monastery was Alexander (1643-1651), later the Bishop of Kolomna and then Vyatka. Historians testify that the «The Tale of Loggin of Koryazhma», was written by Alexander of Vyatka.
After the year of 1917 the Nikolo-Koryazhemsky Monastery was closed. Collective farms were organized on the former Monastery estates. The villages of Slobodka, Glubokoye, Bolshoye and Maloye Kopytovo, Koryazhemka were the centres of the collective farms. In 1921 the All-Russia Conference of plant and factories’ administrations of the paper industry announced that the town of Kotlas would be the place to develop the paper industry.
In 1936 the first prospecting works were held near the village of Koryazhemka in the Solvychegodsk District of the Arkhangelsk Region. On June 17, 1953, the Order of the «Glavlesbumstroy» (Department of construction of wood and paper industrial enterprises) announced the organization of the trust «Kotlasbumstroy» (Kotlas Paper Industry Construction). In 1954 the plant construction began. In March 1957 the Koryazhma Settlement Council was organized. The settlement was built simultaneously with the plant industrial buildings. On August 15, 1985 by the Order of Presidium of the Supreme Soviet of the RSFSR the workers’ settlement of Koryazhma was announce a town of federal subordination with the same name.
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