Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-25

10 West Point knows that he comes 10
safe hnrbor where there 10 every facility
for rapid loading and discharging and for
preparing for the outward voyage In
short il Is place that the moro 1t be-
comes known the more it will be sought
by vessels.
CAN 1T BE DOUBTED ?
Can il be doubted. then, that the
present West Point is the earnest oil
great city, and that the securing and
LAYING of the addition into residence
and manufacturing sites was q sagacious
mover And can it be doubted that
share OF stock costing one hundred dol
lars, carrying with it a lot in the add.
ton, and having a purchasing power OF
two hundred dollars will prove
good investment? IL would
appear not. And this being so can 1t he
doubted that the financial plan OF the
company as il broadens IN its Iiberailty
in proportion as the number OF shares
OF stock purchased increases affords al
most unexcelled inducements To the
capitalist? Ii should be remembered
that the town lots proper which go with
the purchase OF a certain numoer Oh
shares of stock are improved IN the way
OF street environments, &C., and thar
the lots in the addition will need very
little preparation for building, while
all the street improvements IN tlls
division can be accomplished IN
the handsomest and most enduring style
by expending only portion OF the I'M
provement fund it is designed to set
apart. Indeed, it is clear to any one
who will take look over the addition
and notice the trend OF its surface IN re-
lation TO drainage and its general topo-
graphical features that it cannot only
be improved in the way OF grading
streets, putting down sewers, &c, at
small cost, but be further beautiiied Mt
small expense. The company could II
it chose be relatively LAVISH in this re-
spect and yet pass very large amount
TO the dividend fund.
AS A SUMMER RESIDENCE.
Recurring to West Point as a summer
residence, see no reason why this pla-
teau should not be perfect colony
for Richmond people during the
summer. The thirty-eight miles be-
tween here and your city is COW
cred rapidly by the fast express
trains. and man can leave here after
Z o'clock breakfast and easily be in Rich
mond in time for business, returning for
late dinner or early supper. This IS
matter that Richmond businessmen
would do well TO look into. Here they
and their families could drink in all the
tonic of salt air, and have at their doors
all the Injuries of the sea for their tables.
The lots in the addition arc ample IN
size for both a commodious residence
and garden. The terms Of sale OF stock
are ten dollars per share on subscription,
ten dollars per share on the first day OF
the next succeeding month, ten dol
lars Der share on the first day OF tho
second succeeding month, and the bal
ance at the call of the Board OF Direc-
tors. not exceeding ten dollars per share
every sixty days. Further, the fist OF
these calls shall not be due until thirty
DAYS after the lots are assigned. This,
il will be seen, will give the investor
an opportunity TO realize before paying
more than thirty dollars per share upon
his stock. The inducements for pur-
chase are, therefore, as much worthy OF
the considerations Of the man OF moderate
means as of the consideration OF the
capitalist. But, as / have said, West
Point is a fruitful theme and must
defer more concerning 1t until another
letter. ARAMINTA.