Roanoke daily times. (Roanoke, Va) 1886-1890, 1890-04-05
GRAHAM
TAZEWBLL COUNTY VA.

L !
The Graham Land and Improvement
company will offer for sale on
Thursday, April 10th
at 10 O'Clock, at the office of the COM
panv in Graham, town lots, as shown
on plan, now ready for distribution.
TERMS OF SALE.-One-ihird cash,
one-third III one year, one-third III two
wears. with SIX per cent interest per
annum on tbs deferred payments.
Applications for lots ut the COM
popv's prices will be received MP to
noon on Tuesday, April S'h., 1890.
Parties making application by letter
will be careful TO designate TIE section
aud the number cflhe lot or lots de-
sired.
Lots for which more chan one apph-
cation shall be received will be sold to
The highest bidder at Public Auction
on Thursday, April 10Th, al 10 O'Clock,
at the Office Of The company in Graham.
After the public sale of lots above
mentioned, the balance Of The lots re-
naming unscld vii! be offered to tic
public nj the prices fixed by the COM
pany, which range from $l25 to 500
each according to location.
The Graham Land and Improvement
company has purchased about goo
acres of land, including the old town OF
Graham, at the junction OF the Clinch
Valley and Ohio Extension ofthe Nor
folk and Western railroad in Tazewell
county, Virginia, and has improved
the property by laying ii out III streets
and lots.
The land is SO situated, being at the
! junction of two important branches oil
the Norfolk and Western railroad, with
the Bluestone river running through 1t,
and in close proximity TO the Pocahon-
tas coal field. and the iron ore deposits
ofihe Clnch Valley chat il IS believed
/ It will within short period become an
important ron manufacturing centre,
as well as distributing point Tor The
entire coal field
The Clinch VALLEY ana the Ohio eX-
tension o: the Norfolk and Western
railroad runs through a section OF com
try heavily covered with poplar, white
and chestnut oak timber, and il IS be-
iieved that Graham at the junction Of
these two branches is = most desirable
location for the establishment OF saw
mills. tanueres, pulp mills, and other
woodworking establishments.
The following desirable industries
have already been secured:
The Graham Furnace company, with
a capital of $3.50. 600, have under con-
struction an iron furnace; dimensions,
lGy70 feet, with . capacity Of about
100 tons per day, and expect 70 be IN
blast BY November trst.
The Virginia Lumber company, with
CAPITAL of $50, 600, are erecting their
buildings and will be in operation BY
the first of May.
Arrangements are also being made
with parties who propose building at
once a large general supply store and
warehouse, buildings TO cost about
5000 and having working capital
ofnot less than $50,
A company with capital OF $50 oo0
is also formed for the manufacture OF
ice. and expect to be in operation IN
the course Of few months.
The Graham Land and Improvement
company have plans perfected Tor fine
hotel, which they hope TO have ready
! for occupation BY September first. The
hotel vii! be heated By steam and
lighted by electricity, anl it is the aim
of the company to make it ore OF the
most attractive hotels in Virginia.
Parties desiring TO purchase lots VIII
be furnished with maps and price list
and any desired information bY address
ing Il. X. Wright, Jr., Agent, Graham
Virginia, or L. j. Collins, Secretary,
Bullitt Building. Philadelphia, Penn
sylvania.
President, II. II. Sill; ; -: president
Edyard Ilsley; Secretary and treasurer,
E. J. Collins. Directors, A. j. May,
Tazewell Court House, Va; G. NJ.
Clark, Philadelphia, Pa; J. D. Ser
geant, Philadelphia. Pa; Thomas Ora
ham, Philadelphia, Pa; j. B. Greever,
Graham, Va; j. II. Dingee, Philadel-
phia, Pa; II. N. Sill, Philadelphia. Pa.
mar20-tap10