Roanoke daily times. (Roanoke, Va) 1886-1890, 1890-03-22

company Will oller Tor SAFE Oh
Thursday, April 10th
AT 70 O'Clock. al the office OF the COM
pauy in Graham, town lots, as shown
on plan. now ready fer distribution.
TERMS or SALE.-One-lhird cash,
oue-third in one year, onc-third IN two
years, with six per cent interest per
annum on the deferred payments.
Applications for lots at the CON-
papy's prices will be received up to
noon on Tuesday, April Sth., 1890.
Parties making application by letter
Will be careful 10 designate the section
aud the number cflhe lot or lots de-
sired.
Lots For which more than one appli-
cation shall be received will be sold to
the highest bidder at Public Auction
on Thursday, April 10th, at 10 Clock,
at the office OF the company in Graham.
After the public sale OF lots above
mentioned, the balance Of the lots re.
naming unsold will be offered TO the
public at the prices fixed by the com.
pauy, which range from 3l25 TO 500
each according to location.
The Graham Land and improvement
company has purchased about 600
acres OF land, including the old town o
Graham, at the junction of the Clincl
Valley and Ohio Extension ofthe Nor.
/ folk ard Western railroad in Tazcwel
county, Virginia, and has improved
the property by laying it out in streets
and lots.
The land is SO situated, being at the
! junction Of two important branches o.
| the Norfolk and Western railroad, with
the Bluestone river running through it,
and in close proximity to the Pocahon
tas Goa! field, aud the iron ore deposits
Of the Ciinch Valley, that it is believed
it Will within short period become an
important iron manufacturing centre
as we'll as distributing point fer the
entire coal field.
The Clinch Valley and the Ohio eX'
tension o. the Norfolk and Western
railroad runs through section of coun.
try heavily covered with poplar, white
and chestnut oak timber, and it is be.
lieyed that Graham at the junction o.
these two branches is a most desirable
location for the establishment Of saw
mills, tanneries, pulp mills, and other
wood working establishments.
The following desirable industrie;
have already been secured:
The Graham Furnace company, witt
capital Of $3.50, 1000, have under con
struction an iron furnace; dimensions
l6x70 feet, with q capacity of abou
100 tons per day, and expect to be il
blast by November frat.
The Virginia Lumber company, witt
a capital of $50, 900, are erecting theil
buildings and will be in operation by
the first Of May.
Arrangements are also being made
with parties who propose building a.
once large general supply store ant
warehouse, buildings to cost abou
$40. 900, and having working capita
ofnot less than $4,000.
a company with capital ofa20, 00(
is also formed for the manufacture O
ice, aud expect to be in operation ir
the course Of Il few months.
The Graham Land and Improvement
company have plans perfected for fine
hotel, which they hope to have ready
for occupation by September first. The
hotel will be heated by steam and
lighted by electricity, aud it is the ain
of the company TO make it one of tht
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 r. X. Wright, Jr., Agent, Graham
Virginia, or L. j. Collins, Secretary
Bullitt Building, Philadelphia, Penn
sylvania.
President, H. NJ. Sill; vice president
Edward Ilsley; Secretary and treasurer
E. j. Collins. Directors, A. J. May
Tazewell Court House, Va; e. NJ
Clark, Philadelphia, Pa; j. D. Scr
geant, Philadelphia, Pa; Thomas Ora
ham, Philadelphia, Pa; J. B. Greever
Graham, Va.;J. II. Dingee, Philadel
phia, Pa; II. NJ. Sill, Philadelphia, Pa
mar20-tapl0