Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-04-17
HISTORIC GROUND.
Company Organized to Develop the Old
AppOmsttox Battle Field.
I,ynchburp (Va.0 News

AppOmsttox Battle Field.
Lynchburg CVa.) News.
Capt. r. B. Poore of Appomattox
who, with Mr.. Il. s. Flood, is attorney
and agent for the Appomattox land COM
pany, was in this city Monday en- route
home from Washington, where he had
been to perfect arrangements for placing
upon the market the stock of the COM
pany.
In conversation with Capt. Poore it
was developed that the charter OF this
company, which provides for capital of
$3.50 900, was secured SOME nine months
ego. At first the company refused to
issue stock, preferring to develop their
own risks, but now, in response to many
requests, they have decided to place on
the market 80 per cent. of the stock, and
in few days prospectus will be issued
setting forth the plans Of the orgauiza-
ton, and the stock will be put in the
hands of the above named gentlemen to
place. The par value of the stock will
be 500, and the cash payment required
will be % per cent. Assessments will
not be made within ninety days of each
her, and not for greater sums than %
per cent. Two lots of 5000 square feet
will be given with each share of stock,
and deeds TO the lots will be furnished
when the stock is fully paid up.
1t is estimated that after allowing some
seventy-fv acres for camp grounds, q
hotel park, boulevards, etc., the hold
ings will make 5000 lots. One-h half of
the proceeds of the stock sold or SIS 900 !,
is to be held in the treasury of the COM
pany for the purpose Of developing the
property, etc.
Capt. Poore stated to a News reporter
that the plans of the company would be
pressed with determination and that the
present outlook was decidedly encour-
aging. The men composing the organi-
Zation are enterprising, sagacious bust
ness men, with ample means to accom-
plish whatever they undertake to do.
The scheme proposed has nothing Sec
tional about it. 1t is thought by the
projectors of the enterprise that great
good can be accomplished by bringing
together on this historic ground the
Grand Army posts and the Confederate
Veterans associations, that they may the
more readily learn to know and appre-
ciate each other.
It is not only proposed to convert the
Appomattox battle grounds into an at
tractive place where the old soldier can
spend few weeks IN camp, but indus
trial enterprises of various sorts will be
inaugurated and pushed TO rapid COM
pletion. Already beds of kaoline have
been discovered on the property and
company organized to develop them,
while the forests abound in valuable tim
Der, such as ash, oak, hickory, walnut,
etc. The company will contribute liber-
ally to any industrial enterprise, and will
donate lots to any organization for the
purpose of erecting monuments, memoir
ial stones, etc., on the grounds. The
government will be asked to build q ma
tional avenue from Appomattox station,
on the Norfolk and Western railroad, to
the-courthouse, and to make an appro-
priatiOn for grand peace monument TO
be erected there.
It is believed that many people of
means from the North will seek this place
for summer or winter homes, and that
many who visit there through curiosity
or otherwise will be induced to remain
and buy farms where high waters do not
trouble and cyclones find no footing.
Viewed from this standpoint alone, great
good must eventually result to this Sec
ton.