On May 30, 1862, the Hillsborough (old spelling) Cemetery Association of the Town of Hillsborough purchased 31 acres, 1 quarter and 25 poles (12.7 hectare) of land from Allen and Rachel Trimble.

On July 22, 1862, the association sold to the Lafayette Lodge No.

25 of the Independent Order of Odd Fellows of Hillsborough 4 acres, 1 quarter and 15 poles (1.75 hectare).

On August 21, 1883, the Lafayette Lodge conveyed back to the Association the land and one additional acre which Charles Wilson had deeded to the lodge for a roadway on December 13, 1878.

As of 2023[update], the cemetery is maintained by the Highland County Historical Society.