Savannah courier. (Savannah, Tenn.) 1885-1979, 1890-07-10
RIVERTON, ALA.
The New Town At The Foot Of
Colbert Shoals, Rapidly
Growing.
Growing.
Special Correspondence.

Special Correspondence.
SHEFFIELD, ALA, July 3, 1890,
EDITOR COURIER.-Your town
being situated upon the same
great water highway as RiyertOn,
it may be of interest to your read
ers to know what the city of Riv-
ertOn has done thus far and its flu
ture prospects. The old "Chicka-
saw Landing" is a place of the
past, and today where once it was
known, is the new town of River
ton; a place destined in the near
future to take a front rank amongst
Southern Cities. The idea of
starting a city below the shoals,
and hence at the head of deep
water navigation is a good one,
and to Mr. Alfred Parrish a
wealthy Philadelphia capitalist,
belongs the credit. The place is
not yet two months old, still the
development thus far made is
wonderful. The first aud only
public sale of lots was held June
End, 3rd, and 4th, and the amount
realized was nearly quarter of a
million of dollars. Though the
total amount realized was large,
yet the average price bid for lots
was not excessive, and the buyer
as well as the Land Company was
pleased at the result.
improvements of various kinds
are going on, and every indication
seems to insure the success of the
enterprise.-A railroad is being
built and R. is to be the terminal
point of the same. This road, the
b. S. & T. r. r., has already many
miles finished and equipped, and
is doing a large business under
the efficient management Of Mr.
p. Campbell, the General Manag-
er. A bank has been erected, and
is doing business; an electric light
plant is up, and the lights turned
OH, all hotel on the way to COM
pletion, numbers of dwellings and
storehouses finished, and many
more to he built, streets are being
graded, and other improvements
going on. A daily steamboat line
is established between Sheffield
and Riverton, and is operated by
the r. Land Co.
Among the large industries as
sured, are: a 800 ton basic steel
plant, two large iron blast fur
faces, with a daily capacity of 100
tons of pig iron, a large foundry, a
warehouse and grain elevator, a
steamboat and barge line, for con-
Meeting Ohio and Mississippi river
points with RivertOn. These en-
terprises alone will insure a large
population for the place.
The affairs of Riverton are ably
managed, and that is one of the
chief reasons why the enterprise
is meeting with such great success.
Mr.. Alfred Parrish is the Presi-
dent of the Company, and Mr..
Minor Sc0vil a well known South
ern furnace builder is the General
Manager.
The promoters of this big en-
terprise, are the North Alabama
Development Company, a large
and wealthy English syndicate,
and the B. S. & 7. r. r. Co. The
capital stock of the Riverton Land
Co., is $4,000, 900 large proportion
of which amount it is proposed to
use in the actual building of the
city.
The policy of the company is
very liberal one; and as such the
rlch ana the poor VIII ma AT NV
erton a place to live and make
money.
The business sites are on a high
and level bluff, while the resident
locations are on beautiful hills,
covered with forest trees.
The growth of Riverton is sur
prising, but is on no sensational
boom, nor is such desired, the
growth is an healthy one.
f. 8 L