Roanoke daily times. (Roanoke, Va) 1886-1890, 1889-11-21
60. a. c ~ g BE,

- ;'oo,oo. Hde $50 Deen chartered
e and organized AR j. ". 4. Ale
nh9nS, formerly of Bridgewater. Va.
) as president. This company has Dur,
chased, 900 acres of very desirable land
IN and around Salem. which has
, been surveyed and laid off into
streets and sections and placed upon
) the market The company will 10.
cate number Of manufacturing en-
terprlses at Salem, and in furtheranee
OF It's plans is now negotiating TO |
secure two very important industries
winch VIII give employment to 75Ot
men. work on the furnace Of the
IRON company has already commenced
ana when completed abont 300 men
VIII receive employment there. Among
the industries already established ara
the Camden Iron works. two chair
factories large fruit canning esfab.
llshment, roller Touring mills. sash
and blind establishment, and n tan
merry and a carriage factory. salem
mas one OF the most successful national I
banks in the state Mr.. Georke ,
Noyes, an extensive brick nlanufac-
turer, of Washington, d. c.. has (;
maze arrangements to move his en-
tire machinery and works to Salem
He will make $4,000 bricks per day
and give employment to about fftty !,
men. .
About three hours ride by rail !
from Salem are Clifton Force !
and Iron Gate The latter nloce ?
has been laid out into lots. and II
a large hotel with MANY Other IL
houses has been built A sale OF lois ii
took place September 5. when s4s Coo
worth of lots were disposed Of the
highest bringing s72O. Though IRON
Gate is but small place vet. two e!
rolling mills, one Basic steel plant. "
one stove foundry. one or two planning u
mills and two hotgs are assured ~ ~
There are three ironN naees within a 10 10
'adius of five miles around this place Vi
Ind it is proposed to manufacture the
Dig iron turned out into variety of
Useful articles, b.
The organization of the Southwest
Virginia Real Estate and investment Re
ompany, at Roanoke, is renorted ce
he company is allowed to own rs ziE
1uch as 10000 acres of real estate and DIR
IS chief business will be the purchase 5tl
and sale of lands in the Ac
tate. 1t is also granted the right to ito
'an money on real estate. The mini wa
lum capital is to be $4,000, pre-
18th power to increase the same to by
,0OO, 900, to be divided into shares the
thsgar value of 500 each. The the
fficfs are to be for the first YEAR me
larence M. Clarke. OF Philadelphia. mai
resident; Arthur L. Denniston, of
secretary and treasurer,
I'd the following board of directors: By
essrs. j II. Dingee, G. H. Duhring, p
rthur L. DennistOn, Joseph S. ve,.
arke, Charles H. Mellon and Mantle flisb
le!d1ng. The principal office Of the f e,,r,
mpany will be in Roanoke. 10.
An important sale of land for i'm i,
ovement purposes has Just been ON,
Included at Roanoke. Messrs. P. L. still
cry, II. >. Trout, Joseph FL. Sands, Fra
W. Jalnlson, 3. b. Haupt, James 18Th,
Simmons and Drs. Joseph A. Gale
q a. n koiner have bought the
tract of 100 acres Of Spe
nd south of the city. Soonafter the "
rchase these gentlemen met and ETb,a
med q Joint stock company. the tr; ,9
pltal OF which is to be not less than =, IF
lO0oO or more than 100000. The nea,
lowing officers and directors were s1 81
cted PRESIDENT, p. L. Terry; vice
esldent, Joseph 81. Sands: secretary
d treasnrer,S.W Jamison; directors. By
ssrs. Terry. Trout. Sands. Stewart -
ated ard nbass ~. - saulnIra ii3 the
rket will fi,,d pun pen Tie sL terd
ildino n,1rpasas 9 lesai y SAFE Ior tic, 1
Till ano ,l t,ar-s &, swim
VIRGINIA L. 81 hist 4
! been formed at f silade 10 Il. cap.
stock So, 00o, itll the obieet ssy ss
aeTelo plllgst Teso prces of SAD
ss ylTglnla "a ii