Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-16
ABOUT BUENA VISTA.
IT'S ADVANTAGES AND BEAUTIES AS A
PLACE or RESIDENCE.
What visit TO tho New City WIN SHOW
Familiar Faces-Advances
In vniuea
prrr, won. Nnreml,or Is. 1Sf

BursA VISTA, November I5, 1890
In nv previous letters from this point
1 have treated Of Bucna Vista mainly rs
IN industrial place, and referred to the de-
mand there will be for dwellings, chiefly
from the standpoint that the erection OF
large number Of such buildings would
be o necessity in order to furnish homes
for the employees Of the shops. iAoto-
ries mills, go. have also shown, J.
think. that this thrush OF population
alone would stimulate and neces-
state the building OF many stores ana
greatly increase the price OF property
on the level between the manufacturing
sites and The foothills, which latter are
especially adapted for residential sites.
But in viewing Buena Vista and ITS sur
roundings the impression forces itself
upon the mind that it cannot fail TO be-
come place OF residence for many VINO
may not engage in business and manu-
featuring hero. There is not a point on
these foot hills that does not command
view that would inspire landscape art
ist. md the wonder is that these PIC
tures have not been transferred to can
vsss long ago.
CHANGE.
Il has been very aptly remarked by
close observer OF the matter that before
the war the ambition OF the southern
man who made money was to own an
estate in the country, and the ambition
of the northern man who made money
was 10 rear O palatial residence In the
CITY. With tho abolition of the institu-
ton OF slavery the semi-baIonial life OF
the rich southerner was doomed, ana
with the overcrowding OF the older
rities of the North reaction took place
in favor Of villa sites, suburban resi-
dences. &c, that would afford more
room and moro air. Agriculture VIII
still be a great factor in the develop
nept OF tho South. The building up
of industrial cities alone renders this q
certainty. The golden day Of the Viz
ginia farmer is coming, and no IS gong
10 climb the hill Of success hand IN hand
with the manufacturer. But farming
will be on different system from that
which obtained before the war.
JUST SUCH PLACES.
However. the men who have made
competency in the city and wish to re-
tire from business or the men who are
still in business and desire to run away
from its monotony viii continue to long
for moro breathing space, for new
scenes-for anoccasional change OF resi-
dence that will be accessible to the older
cities. that will combine the refreshing
air of the country with the conyenlences
of town life. And to just such places as
Buena Vista Will these classes OF men
fooh. On these foothills are hundreds
of ideal SHES for villas and summer cot
tages, for tagged businessmen, and rest
ing-places for families, who, after having
"done the fashionable resorts, Will wish
TO recuperato before returning home.
TIE HOTEL.
At many northern places among the
best OF investments is the building OF
villas and cottages for rent to the latter
class, and predict that Buena Vista ID
making no mistake in the hotel now be-
ing erected to take the place of the one
recently burned down. This hotel is
situated on an elevated plateau com
manding a panorama of tho most charm
ing scenery and will soon he finished.
The STYLE of architecture is Queen Anne,
and when completed and furnished the
structure will have cost about Sl20, OOO.
in every particular it will be up to
the requirements of the most tastldlous
and exacting. Around the building
is a beautiful park, which IS laid OF
in charming walks. The water supply
is drawn from springs in the mountains,
and in design the building is equal IN
picturesdueness to the celebrated Luray
inn and the Hotel Roanoke. Lots facing
the hotel park are now worth over $50
per front foot. and il is confidently pre-
dicted that by the lst of January, 1871,
they will command $50 per front foot.
Indeed. the prediction is made, and 1t
seems reasonable one, that ere long all
tho lots between the hotel and the
union depot will command one hundred
dollars front foot. OF amusements for
visitors TO Buena Vista there are plenty.
The back water from the dams on North
river afford beautiful stretches for boat
ing and fishing, game is abundant IN the
mountains, there are hundreds OF nooks
on the company's property that would
delight the hearts Of sketchlng parties,
and good livery affords ample facilities
for riding and driving, Lexington
alone. the seat, as before noted, Of Wash
iugton and Lee University and the Viz
pinia Military Institute, aud the resting
place OF Lee and jackson, would prove
of great interest to the sojourner IN Bue-
ma Vista. The charming old town of
Lexington, with its delightful, cultivated,
and hospitable society, is only Blk miles
from tho now city and can be reached
either by rail OF O carriage road.
MANAGEMENT.
As TO tho management of the Buena
Vista Company | find them active, push
ing. wide awake. liberal men, and | have
seen an estimate from good source that
the company's assets exceed their lIablll'
ties by a million and quarter OF dol
lara
BANKS. &C.
Inn last letter Jumped the capital
EIOck Ot tllt buuko, ivan NhN AAA'NoAHANA
companies, &c, OF the place. Let me
give their respective financial founda'
tions: First National Bank OF BuenG
Vista. $50, 900 capital Buena Nists
Building and Investment Company
bankers, ISL 900 capital Buena Vista
Building and Improvement Company
$4,000 capital Lexington lnyestmen
Company. 100000 capital (; Virgins
Real Estate Investment Company, 500.
600 capital. The Buens Vista advocate
OF which w. ii. Baile, an old Rich
mond boy. is proprietor, is liv'
weekly paper published here and has
capital of $1,000. The payroll OF Tia
town some weeks ago amounted 10 owe
$4,000, and an active retail trade ]
going on in some twenty-five stores, IN
Guiding general merchandise stores, boo
and shoe stores, grocery stores, hard
ware stores, stove establishments, DC
frl . 49,. o~., n a Al rrlo lop1snma hrie