The times. [volume] (Richmond, Va.) 1890-1903, 1890-11-11
CAPTAIN VIEWPOINTS DISCOVERY.
Wonderful Development 'f Ores
American seaport.

III old Captain Christopher Newport could
rise from his seventeenth century sepulchre
and catch fleeting glimpse OF Newport
News he would scarcely recognize Il as the
place he discovered, when, beat about by
heavy waves he was driven into Chest
peake bay. And II he could learn Of the
bright prospects In store for the healthy
Young town he would, no doubt, think his
prediction about the possibilities OF the
place correct.
For years Newport News has been sea-
port and its advantages as such are duly
recognized BY mariners and landsmen alike.
The Newport News, Hampton, and Old Point
Development Company. having acquired
control Of ,231 acres Of very valuable land
between Newport News and Hampton, and
desiring to develop and improve said land,
now seek the cooperation OF the public and
offer investors the great inducements here
matter set forth.
These lands are ABOVE the highest tide;
are situated between Newport News and
Hampton on the one hand, and the Chesa-
peake and Ohio railway and the waters OF
Hampton Roads on the ether, and their
general surroundings are such as TO render
them highly desirable for manufacturing,
residential and other purposes.
The financial plan Of the company is as
follows: The capital stock Is 10 be -, % O,OOo,
divided intO shares OF 500 each. When
sixty dollars shall have been paid on each
share Of stock. il is confidently believed That
no further assessment will be required, and
that the proceeds Of the sale Of lots viii
enable the company to declare the stock full
paid and worcestershire.
PROJECTED IMPROVEMENTS.
As a still further advantage to the stock
holders. the company proposes 10 develop
the property by building through ils land,
at the earliest practicable time, railway,
to be operated by electricity or steam, as
shall be found best, which will run from
Newport News to Hampton. at which lat
ter point it will connect with the electric
line now under contract from Hampton 10
Old Point.
The company also design laying OF on the
water front Of their land wide shell boule-
ward between Newport News and Hampton,
thus providing a beautiful drive from New
port News to Old Point. Avenues will be
opened between the waterfront and the pup
lie highway, running through and along,
side the cOmpany's property; streets ana
parks laid oil. villa sites located and manu-
featuring enterprises, for which the lands on
the cOmpany's water and railroad fronts
are admirably adapted, will be promoted.
To provide for these and other enter
prises, such as hotels, Nc., which may be
found desirable, the company VIII have III
their treasury, on the basis Of the sale OF the
whole of their capital stock, cash balance
of from $4,000 TO 100000.
THE SECRET.
And what is the secret Of this growth!
Simply that Newport News is one OF the
best ports on the Atlantic seabCard, the
natural outlet for the products OF an I'M
mense area of territory extending South,
West and Northwest, and the natural re-
ceiying point tor distributing supplies over
the same territory. Capital was invited 10
come 10 the support Of nature. Capital ana
so and that it made no mistake Is demon
strated by results and.iigures.
THE FUTURE.
HTbe future of Newport News is assured
It's environments, its railroad and steam
ship connections. and the industries already
established there and projected, not only
preclude the possibility Of retrogression,
but point logically to rapid and SPLENDID
progress. II must grow in population and
expand in area. Along both the main line
and the Allegheny division Of the Chesa-
peake and Ohio railway new towns are
springing up, from the manufactures OF
which Newport News must draw additional
tonnage. The country Immediately sur
rounding Newport News and extend
ing back as far n Williamsburg
must continue to pour into 1t in Increasing
quantities the products of its truck-iarms,
ETC.. and manufacturing industries must
multiply. That this will necessitate addi-
tional shipping does not admit Of argument
Accommodation for this shipping is TO be
had for some three miles along the river
front. from point about halt mile above
the dry dock TO Newport News point proper.
As to the extension OF the residential pOr-
ton Of the place, that must, as geographic
cal necessity, be in the direction OF Hamp-
ton. the people Of which city are buying up
lands lying towards Newport News in order
to meet the extension.
INHABITANTS.
In 1881 Mr.. c. p. Huntington said New
port News would be the great seaport Of
America. and by 1890 there would be 1900
or 1900 inhabitants. Since then he has
spent something like Sj,00O,OOO in his ship
yards alone. Newport News and Hampton
have now at least 1900 inhabitants.
The Newport News, Hampton, and Old
Point Development Company are now at
work on the line Of Huntington's predic-
tons. They have seized the opportunity
and are giving the capitalists Of Virginia
a frst-class chance 10 make money. New
port News will have a population OF JO,0O
in less than two years. The great ship
Yards. the finest and most extensive IN the
United States, will employ COCO men, rep.
resenting 10000 population. The officers Of
the company. which is capitalized at 81
600, 00a, are: Hon. j. TAYLOR EllysOn, Rich
mOnd. Va, president; Hon. L. c. Nenable,
Petersburg. Va yice-president; George 4.
Schmelz, Newport News, Va. treasurer;
Thomas Tabb, Esq, Hampton, Va,
counsel; Samuel ;, Elan. Richmond.
Va, secretary; l.. Z. ROutt, Rich
mOnd. Va, general agent. Board
Of Directors: Ex-Governor Fiizhugh Lee,
Glasgow, Va, president Rockbridge Co.;
Hon. j. Taylor ElIysOn. Mayor Of Richmond,
president Old Dominion Building and Loan
Association: Hon. Barton Myers, eX-Mayor
of Norfolk; Hon. L. c. Nenable, eX-C0n-
gresham and yice-presidont Nenable To
bacco Company, Petersburg, Va; Lewis ii.
Blair. of stephen Putney n Co.. and llar'
vey, Blair u Co., president the United Bank
ing and Building Company, Richmond, Va:
Colonel Carter NJ. BraXtOn, civil engineer,
Newport News, Va; George \. schmelz, OF
Schmelz Brothers, bankers, Newport News,
Va.
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