Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1889-01-30

Fronn the intelligence from A. T. Barclay, Esq
President of the Buena Vista Company, and
from other sources of information, it woulu
seem that the capital stock of that company
will soon be made up II is a home enterprise
based upon we'll known home values.
The successful prosecution of the iron-business
at that old and historic seat of industry is so
widely and accurately known that 1t is only
the young people OF this section OF country who
have not personal Knowledge of 1t. The
wealth and fine fortune, riches were then
estimated, which Wor5 amassed by the late
Mr.. Samuel F. Jordan. The proprietor last
operating there, is fiue estate inherited by
his heirs who are justly proud of the associa-
lions which Buena Vista maintains 10 progress
sve development in Virginia. They have
capitalized their property at sixty five thou
sand dollars less than was offered for IL when
it had no railroad advantages as now ANA have
taken in stock one-ihird or more Of the
amount. Faith and works stand together ost
assuredly on that platform If volume were
written, stronger proof of the value of this
property could not be adduced.
What is here said Of The family owning Buena
Vista, can also be announced as to Mir. Moo
NAV, who owns the famed Green Forest prop
erty already established as chief among the
great of the modern seats ofindustrial develop.
ment and Is now associated with Buena Vista
He takes half IF the value of his property in
stock. These values are not rated as the result
ofthe fancy or interest of those who capitalize
them, but are estimated 10y such men as 7.
Barclay, Professor A. L Nelson, Francis I.
Glasgow Charles NJ, Fig. TT, J. P Moore, Ohm
Sheridan, and hundreds of others of Rock.
bridge county who know their real worth and
have placed their money in the enterprise.
The combined properties of Harris Bottom
Green Forest, and Bue q Vista for the agricui-
tural. timber, and water power values are
richly worth the whole amount of the price
paid for them by the Buena Vista Company,
to say nothing of their g. eat riches in iron re-
sources
Development of the kind contemplated in
Rock bridge commenced in the South. and
came down through Southwest Va, bestowing
its benefits in its progressive march, and is
now, we rejoice to see, drawing nearer and
nearer to Augusta county, where similar trea-
sures in natural resources are only awaiting
similar action 10 that OF the people of Rock
bridge to create great interest that
which now attaches 10 Bnena Vista. Ths Blue
Ridge Mountains and the South-river Valley
of Augusta hold simiisr treasures in store
70 those In Rock bridge along the same noun
tain and the Valley of the same name of
South River. at Wayuesboro' a~d other
points, great progress IN be commenced. II
those who own the basis OF development will
come forwa to meet associated capital.
There were several solicitors to the stock OF
the Buena Vista Company In Staunton last
Monday Court day. ani we learn large
amount of it was taken. much more than it
was supposed could be obtained. This circum
stance shows that the people are alive TO CO.
operative plans for the Successful accomplish
menG of rye enterprises when well grounded,
lust as they are for thoS3 of smaller preten-
sions.