Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1890-04-11
Staunt0n viIldicator.
FRIDAY MORNING. APRIL II. 1890.
LOCAL.
BASIC; CITY.
THE SALE OF THE LOIS Tn THE New
Town FIXED FOR MAY Tth,
0lh aud 9Th.

VII uuU Utht
A DESCRIPTION OF THE SITE OF THE NEW
CI'rY-ITs GREAT RAILROAD AND OTHER
FACILITIEs-THE COMPANY REDS OF
BROWN HENIATITE ORE-TIIE INDUS
TRIES SECURED TO OPEN THE NEW
l. CITY WITH-700 WORKMEN.
&C., SC. &C.
Reported for the Staunton vINDIcAToR1
Hearing that the sale of lots at the new
town OF Basic City, twelve miles below
Staunton at the junction of the Chesapeake
Il Chic and Shenandoah Valley Railroads
had been fixed for the opening of May, q rep
resentative Of the NINDTCATOR went there
on Saturday last. The policy pursued by this
company should in these ''booming" times
win for it a great deal of contidence-iH-
deed i'll my opinion it is the only policy
that will save much OF what is q boom ROW.
from turning into ashes in the hands OF
the investors. Organized nearly five
months ago, with all its stock taken i'll the
first three weeks of its existence, and not
withstanding the urgent clamor of some of
| its shareholders, the Directors have stub
bornly refused to pnt its real estate on the
| market until manufacturing plants enough
had been secured, without chance of fail
IRE, to make the lots worth the money
which the investors pay for them. This
refusal has been persisted in in the face of
great pressure and its good results will
! appear at the sale. For there has been now
enough industries secured to guarantee the
presence OF 100 Workmen, which will
make solid foundation for a city. The
company with plenty of money in its
| treasury has been liberal i'll taking stock i'll
all enterprises that offered and that prom
lsed permanently, and the following list of
NEW INDUSTRIES SECURED
is the result:
Car works will be built by company
organized for the purpose with Judge w. S.
Gooch OF Roanoke IA nephew Of Mr.. G. G.
Gooch of Staunton.) President. Among
those most largely interested in it are MI. G.
u. Gooch the extensive railroad contractor,
MI ). Il. Levy, President of the Citizens
and the Chesapeake Il Ohio Railway Com
pany. 1t will employ from 800 to 400 hands
and turn out, at the lowest estimate, seven
cars day. Its location is on the belt line
of railroad that runs around tile town.
The iron furnace is the next industry. II
has been located by al expert who has built
many furnaces for enterprises in Virginia
1t is at the n orthern edge of the town, on
Steele's Greek, and Oh the belt line of rail
road. 1t will employ $50 hands Its cree
ton commences at once.
The paper mill is the next. This is held
by Cincinnati firm. 1t will manufac-
ture fancy, enameled, and other PAPERS and
work IS hands.
There are two sash, door and blind facto-
tories. One belonging to Ellis & Koiner is
now gong tip III the southern part of the
town and will he completed in a few DAYS.
The other will be built by Lofts Il Co.
and will be begun before the first is finish
eel. The firm of Lofts & CO. is now engaged
III building an addition supplying twenty
rooms, to the Basic City Hotel and will
complete the work in q few days. Next
door to it they are erecting u three-story
storehoEse. The two factories Will work
100 hands,
Two brick yards are in operation. One |
by Mr.. e. Smith Dinkle, late of Staunton.
with brick making machine with a capa-
city OF $4,000 Il day. The other is owned
by Dr.. Myers. These will employ so hands.
A newspaper, the Bash City advance. -
Will begin publication here April 18th tits
to he owned and edited by Mr.. JAS Fl. Lind |
say OF Staunton, who until lie moved from
there, published d bright and neat paper
III North Carolina. He is u young man full
OF energy and viii do we'll both for himself
and the new town. He will employ four
men to begin with. His outfit is entirely
new.
On the southern edge of the new town.
but not i'll it, is G. X. Koiner7s spoke, rim
and handle factory. AS this is not in the
town limits do not include it in my list.
Take all these together and they sum up
as follows:
Industry. No. Of Hands,
furnace OBSERVATION-DISCLOSURES. 80
S"i
rapef ................................7 IS
Sash and Blind Factories ........ 100
Brick Making ................. so
Printing Office ...........,.......... A
Total.
4 ETAttV OODI lot fo,. |