Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-07-06
MINERAL WELLS.
The Northwestern Railroad Means a Boom-A
Bank organized-Other Enterprises
Corresnonaence of the Gazette

The Northwestern Railroad Means BOom-A
Bank organized-Other Enterprises.
/ Correspondence of the Gazette.
MINERAL WELLS, TEX, July g.
| Mineral Wells has at last shaken off the
letters that have had her bound hand and
foot and dashed aside the veil of OBJ
security that has elouded her very exist
ence for the past six years, and now comes
out before the world armored for the bat
tie.
She will fight not for mere existence,
but for first place. with The famous
watering places of the globe The nat
ural advantages viii fight the enemy in
open battle ground, and there is no
longer fear of the result. The citizens
who have stayed by her dur
ing these long years of reverses
are with her yet and are here to stay.
OF these there are but handful but they
are stayers. They have looked the field
carefully over and have selected other
stayers to come to their assistance. They
have come The Weatherford, Mineral
Wells and Northwestern railroad is now
an assured thing. The building of this
road will bring the vast territory of Palo
Pinto, Jack, Young, Stephens and other
counties twenty miles nearer railway
communication than they have formerly
been. Four different stage roads pene-
trating the Northwest will OF necessity
terminate here. The vast coal and stone
fields of this section will be opened.
The road will end in the midst of the
finest and most extensive cedar brakes in
the west, where grows sufficient cedar
timber to fence the entire state of Texas
o.oSo n14c
and realizing that it must require great
deal of money to transact so much BUSH
ness, number Of the leading citizens of
the town and country began this morn
ing to raise the stock of the Mineral Wells
national bank. Fl. M. KidwelI took the
lead, and within two hours had all the
stock subscribed. The bank
will be organized at once
with the following gentlemens
all of whom are interested, as officers:
William Hittson. president; W. A.
Moore, vice president; H. NJ. Kidwell,
cashier. The directors will be: William
Hittson, W. A Moore, II. NJ. Kidwell,
d. NJ. Howard, T. Mountcastle, Mineral
Wells; and J R. Couts, Porter Bros,
Eli Kidwell, L. B. Kidwell of Weather
ford. Nearly all the leading merchants
of Mineral Wells will be interested in the
enterprise. The capital stock of the
bank to begin will be $50 900, and the
stockholders represent q capital of
more than a million dollars. The
concern will begin at once the
erection of three-story stone
building on the most modern plan.
In addition to the bank enterprise,
others of as much or more Importance
are on foot. The projectors of the rail-
road have purchased large tracts of land
In and around the city and are formu-
lating plans for an immense hotel and
park, with bath houses and pavilliOnS at |
tached. This enterprise will cost about |
two hundred and fifty thousand dollars.
The same parties are preparing plans,
and will soon apply for a charter for a |
street railroad system. Another
concern is negotiating with va
rious suburban owners for suitable |
locations for waterworks. There is |
truly boom on the town, and those |
parties who, while visiting here for their |
health in years past and gone, were so |
favorably impressed with the natural |
advantages of the place that they in |
vested few hundred in town lots, can |
now come back and get their money with |
interest.
The summer normal school for this |
senatorial district, in charge of Preseason
L. A. Brown, convenes here on the 22nd |
inst, and preparations are being made
to entertain our visitors in style, large
crowd of whom is expected.
All crops, including fruit and melons,
are A No. in every particular. The
rams of yesterday and to-day insure
full crop of corn. Corn is now worth
but 25c per bushel and viii go even
lower when the new crop is gathered. III