Roanoke daily times. (Roanoke, Va) 1886-1890, 1890-04-06
GRAHAM
TAZBWBLL COUNTY Va.
The Graham Land and improvement
company will offer for sale on
Thursday, April 10th

The Graham Land and lmproYemen
company will offer for sale on
Thursday, April 10th
at 10 O'Clock, q. the Office OF the COM
panv in Graham, town lots, as shown
on plan, now ready for distribution.
TERMS OF SALE.--One-thlrd cash,
one-third in one year, onc-third IN two
years, with six per cent interest per
annum OF the deferred payments.
Applications for lots at the COM
pany'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, ut 10 O'Clock,
at the Office of the company in Graham.
After the public sale of lots above
mentioned, tie balance Of the lots re-
naming unsold will be offered to the
public at the prices fixed by the COM
pauy, which range irom Sl25 to $500
each according to location.
The Graham Land and improvement
company has purchased about 500
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, aad has improved
the property by laying it out iii streets
and lots.
The land is so situated, being at the
junction of two important branches OF
the Norfolk aud Western railroad, with
the Bluestonc river running through II,
and in close proximity to The Pocahon-
tas coal field, and the iron ore deposits
orthe Clinch Valley, that it is believed
it will within short period become IN
important iron manufacturing centre,
as we'll us Il distributing point for The
entire coal field.
The Cliuch Valley and the Ohio e&-
tension o. the Norfolk and Western
railroad rms through section Of coun-
try heavily covered with poplar, white
and chestnut oak timber, and il is be-
licved that Graham at Tie junction OF
these two branches is Z most desirable
location for the establishment OF saw
mills, tauneries, pulp mills, and other
woodworking establishments.
The following desirable industries
have already been secured:
The Graham Furnace company, with
q capital Of $2j0,000, have under con-
struction an iron furnace; dimensions,
lGy70 feet. with capacity Of about
100 tons per day, aud expect TO be in
blast by November frat.
The Virginia Lumber company, with
4 capital OF $4,000, are erecting their
buildings and will DC in operation BY
the first of May.
Arrangements are also being made
with parties who propose building at
once large general supply store and
warehouse, buildings 10 cost about
al0, 200, and having working capita!
ofnot less than $50, 600.
\ company with capital of go, COO
is also formed for the manufacture oi
ice, and expect to be in operation in
the course Of few months.
The Graham Land and Improvement
company have plans perfected Tor fire
hotel, which they hope TO have ready
FOR occupation by September first. The
hotel will be heated By steam aud
lighted by electricity, and 1t IS The aim
Of the company to make 1t one OF the
most attractive hotels in Virginia.
Parties desiring. TO purchase lots will
be furnished with maps aud price list
and any desired information by address
ing r. X. Wright, il, Agent, Graham
Virginia. or E. j. Collins, Secretary,
Bullitt Building, Philadelphia, Penn
sylyania.
President, H. N. Sill; vice president,
Edward Ilsley; Secretary and treasurer,
f. J. Collins. Directors, i. J. May,
Tazewell Court House, Va; Z. N.
Clark, Philadelphia, Pa; j. D. Ser
geant, Philadelphia, Pa; Thomas Ora
ham, Philadelphia. Pa.;J. s. Greever,
Graham, Vail. II. Dingee, Philadel-
phia, Pa; II. NJ. Sill. Philadelphia, Pa.