First chartered in 1727 as a parish of Gilmanton, known as Upper Gilmanton. In 1859, the voters of the town petitioned to rename the town Belmont, to honor Mr. August Belmont, a New York financier, in hopes that he might make a financial contribution to the town. Mr. Belmont, however, never even bothered to acknowledge the act. The town borders Lake Winnisquam.

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