Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1889-05-03
where this change from pig meta. % III L.
iron is made, and that is the first plant That
will be erected in Iron Gate.

The new manufacturing town enjoys an
exceptional advantage in the fact that it is,
so to speak, started in the midst of a mar
ket for it's products. 1t is not an isolated
town; for, as a matter of fact, it's location
makes it sort of annex to the thriving
railroad town of Clifton Forge. Above
Clifton Forge the Chesapeake & Ohio has
purchased 800 acres Of land and will erect
It's great Cal and other shops there, making
at once q constant customer for the mill
iron made at Iron Gate. This will be a
steady home demand. Outside Of home, the
town has every railroad facility for the
markets of the country. The Richmond u
Allegheny connects it with the Danville
system and the Norfolk & Western through
the South, and the Chesapeake & Ohio
opens to it the North, Northwest and
Southwest and the Pacific coast. Its
output will need an outlet to the
markets of the land, for it will be
varied. Negotiations are already progress
ing for the establishment of stove works,
wood vulcanizing works, nail works and
pipe works here; and it is needless to say
to those who read the names interested in
Iron Gate, that the men having it's in
terests in charge will see that it gets an open
show in every American market.
THE IRON GATE COMPANY AND WHO
FOUNDED IT.
The founding of the town of Iron Gate
was first suggested by Col. III. c. Parsons
of Natural Bridge, a gentleman who has
large interests in Virginia and was one of
the foremost projectors of the Richmond &
Allegheny Ry. He saw in the situation and
surroundings, unlimited possibilities of
success. Hon. Jacob Yost and others
promptly took the suggestion up and pushed
it with judgment and energy, and Mr.. Yost
was elected by the stockholders to take
entire charge of it. Who the men are that
are with him, will be interesting to the nJl-
merous stockholders in Staunton and else
where. and I shall attempt to tell you.
J. E. Thropp of Philadelphia, the Presi-
dent, is an educated and practical iron
man, and the son-in-law of the late Tom
Scott, President of the Pennsylvania Rail
road. He is a thorough business man of
large means, and was formerly the Superin-
tendent of the Edge Hill works in Pennsyl-
vania.
Jacob Yost, the Vice President and Gen.
eral Manager, is well known to all Of your
readers. He is exhibiting unbounded energy
in promoting the interests Of the new city.
Fred. Colburn, the Secretary and Treas
urer, is from Ohio, and has been for year
proprietor of the hotel at Clifton Forge.
He is a man of energy, enterprise and sys-
tenn.
THE DIRECTORS.
The Directors are John D. Weeks of
Pittsburg, the editor of the American
Manufacturer and Iron World, who is re-
garded as the authority on iron in this
country. His attention was drawn to this
section of the State by the character of the
iron and the facilities for it's manufacture;
Pliny Fisk is a brother of the member of
the famous firm of Fisk & Hatch, and was
formerly Director in the Chesapeake &
Ohio Ry.; E. G. Best of Ronceverte, w.
Va, is the Superintendent of the st.
Lawrence Boom and Manufacturing Co.,
the largest numbering concern in West
Virginia. He is also President of the Rush
Run Coal Co. He is about forty years old
and a man of wealth and enterprise; H. G.
Parsons Of Natural Bridge, is well known
in Virginia, was prominent in the build
ing of the Richmond & Allegheny Ry., and
is now interested in the Virginia Western
Ry., now being constructed; M. A. Rife is
a banker in Hinton, w. Va, and large
real estate dealer in Roanoke; E. NJ. Net
Teton is President of the Board of Super
visors Of Allegheny, and largely interested
in the lumber business; 0. Hileman is one
of Hileman, Waring & Co., proprietors of
Callie Furnace; II. T. Wickham, is the coun-
sci for the G. & o. Ry, and a son of the late
Gen. W. G. Wickham; r. L. Parrish, is an
able lawyer of Covington and known
throughout the State; and Geo. II. Pom
dexter, is one of the most prominent real
estate men in Richmond.
PROMINENT MEN INTERESTED.
The prominent men of the country in
terested as stockholders in the Iron Gate
Company are numerous. | might mention
the largest stakeholder in it, one that holds
400 shares-which is the Tippecanoe Land
and Improvement Company, in which Sec
rotary James G. Blaine and Senator John
Sherman are prominent. Among the other
stockholders in the Iron Gate Co. are Hon.
VIM. Mckinley, member of Congress from
Ohio; Hon. James E. Campbell, member Of
Congress from Ohio; II. w. Fuller, General
Passenger Agent Of the Chesapeake & Ohio;
w. P. Tams, Cashier Of the Augusta Ma
tional Bank of StauntOn; J. Fred. Effinger,
Vice President of the Inter-States Co. of
Staunton; Park Agnew, who ran for Con-
gress in the Sth Va. District, last year;
John Lind member of Congress from Min
nesota; Jas. G. Dagron, who was the bridge
expert Of the B. & O. and is now constructor
Of the Naval buildings being erected in
Washington; John 7. McChesney, Presi-
dent of the National Bank of Aberdeen,
Dakota; t. O. M. Davis, General Purchas-
ing Agent of the Winifrede Coal Co., the
largest coal company in West Virginia;
Abe Block, of the great wholesale clothing
house of a. Block & Co. Of Cincinnati; D.
c. Boyce, General Manager of the Quinne--
mont Coal and Iron Co.; II. R. Dill,
Superintendent of the Clifton Forge and
Huntington Division of the G. q O., and
D. S. Cooke, Superintendent of Princess
Furnace.
STAUNTON STOCKHOLDERS.
Among the Starlnton stockholders are J.