The times. [volume] (Richmond, Va.) 1890-1903, 1890-11-30
Irresistible Development.
NEWPORT NEWS CANNOT HELP
GROWING.


Fora combination Of all the elements
that would lead to prosperity and growth
look at Newport News.
1t is one OF the splendid ports Of the East
ern Shore OF this great country.
Ten years ago it was nothing but land
ing for a few boats.
To-day il is a city Of several thousand in-
habitants: a seapoart OF considerable i'm
portance. both to foreign and domestic YES
sells. and a town that bids fair 10 rank
second to no city in all southland.
The Chesapeake and Ohio road Is respon-
sible for the first move in its upward career.
The company extended its line through
Richmond to Newport News, and then the
town began TO grow somewhat.
The company further located some OF its
offices there and built five large piers.
Not far from Newport News is Old Point,
Hampton and Chesapeake City.
There is no doubt about the fact that our
grandchildren or great-grandchildre will
see them all united into one great metropoli-
tan city.
Old Point is a famous watering place.
1t is known the country over as suo..
And besides il is known as Fortress
Monroe, where garrison Is stationed.
In Hampton is the Normal School, where
Indians are educated.
And the only crabshctory in the world is
in Hampton.
With places Of importance so near it j.
wonderful that Newport News should grow
naturally.
But the place has other stimulus in the
way Of commerce.
One Of the greatest ship-building plants in
| tho world is in NeWpgrt News.
Millions of dollars have been expended on
| its establishment and it is already in opera
| ton.
Several thousand men will be required to
operate the works.
Then there are ether manufacturers of
more or less imp0lt14.,
Newport News is not Incorporated, ana
therefore its taxable values are difficult to
arrive at correctly. but it is known that II
pays about fOur-ffths of the taxes OF W ar
wick county.
The value Of property in the centre OF the
town and along the principal thoroughfares,
where the population is most dense, has IN
creased very rapidly in the past two or three
years.
| In some instances lots which few months
ago were bOugot for seven hundred and
fifty dollars are now held for twenty-five
| hundred and three thousand.
| Within the past few months the Newport
| News, Hampton, and Old Point Develop
meDt Company have acquired control oil
| twelve hundred and thirty-seven acres OF
very valuable land between Newport
| News aud Hampton. and with the view OF
developing and improving IL they are offer
| ing investors the greatest inducements 10
buy.
The capital stock il divided into shares OF
| one hundred dollars each; and II IL CONN.,
| IDENTIFY believed that when sixty dollars
| shall have been paid on each share no fur
Their assessment will be required.
The payments for stock are very easy.
Any man with a small income could buy
| a lot.
And there is no prospect for loss.
Land won't burn; but if it is contiguous
70 a growing city it will increase in value.
The average working girl or wife could
easily save enough from pln-monoy TO make
the payments.
! Only I'VE dollars cash payment is re-
quired; fifteen dollars in thirty days; ten
dollars in sixty days; ten dollars III SIX
MONTHS ten dollars in nin' months; and
ten dollars in twelve months.
| Every three shares OF stock will entitle
the holder TO one lot free OF charge.
TO determine the choice Of lots there will
be a public drawing in May or June, 1891
| and if the land sells as well as the
property Immediately adjoining it, and
| there is every reason to believe that il will
the subscriber will have his stock as a cleaI
| gain.
| Moreover, when the subscriber purchases
land from the company at either public OF
| private sale the company will accept IN
payment the stock at par.
| BY this means "A purchase costing S3Oi
| can ne settled by surrendering three share.
of stock.
| No better inducements are offered in any
| scheme before the public.
IL is not an unreasonable prediction thai
| Newport News lots, which are now offered
] at one or two hundred dollars, will in iyt
years readily bring thousand or tfteeI
| hundred.
The members of the Richmond tobacco
| trade and the Grain and Cotton Exchange
were surprised when they visited Newport
News last Thursday.
Many of them had never been there before
All were astonished at the towns develop
| meut, and the stock of the company wa:
| taken in large blocks by many.
| All that Is necessary for. the place TO
| grow rapidly is for people TO Visit it.
Then they see for themselves the evidences
Of prosperity and the growth on every side
In cold print many do not believe these
things really exist.
They cannot doubt them when they see
them.
Aud they cannot help seeing them in
| Newport News.
1t was reported in Wall street. New York
few days ago that negotiations are pro-
| greseng between President NJ. +. ingalls,,
| Of the Chesapeake and Ohio, and Mr.. lsmay,
| the American agent OF the White star Line,
tor the establishment Of a direct line OF
| hot nd 1 or
pool.
In is stated that Mr.. Ingalls, has desired
ever ance he assumed charge Of the Chesa-
peske and Ohio to make direct outlet at
| Newport News for all the grain, breadstufs
| &c. Of the West
| lie believes Newport News to be the out.
| let for the export trade OF the whole South.
| Mr.. lsmay is impressed with the feasibility
OF the scheme, and will recommend il to his
company.
Mr.. Charles Watkins, the wealthy tObac-
conist Of Richmond, says that Newport
News was revelation TO him when he
| visited the place the other day, and would
| be TO any one who visited the place.
| "Why, SIR, just to see the dry dock, =" he
said, lis worth a trip to Newport News"
The hugeness of everything there is
really wonderful"
In addition to the excellent Chesapeake
| and Ohio train service between Old Point,
| Hampton, and Newport News, the electric
| line that is being built between Newport
| News and Hampton 10 connect with the
Darlington system at the latter place, will
| give a highly desirable nickel service.
| A splendid boulevard along the coast
from Hampton 10 Newport News will be
| finished 10y spring.
OF all the bOoms in Virginia, the New
port news, Hampton an Old Point Develop.
ment Company has the best
Others may pay handsomely, but this
company has acquired the finest tract OF
lznd, and at prices that will make money
| for every shareholder.
Rev. Mr.. Price, the Presbyterian minister
who has recently accepted a call 10 New
| port News, says that he has been trying TO
rent house 10 live in, but thus far he
hasn't been able to find one.
| The fact il, houses are in such demand
| that the contractors are rushed almost to
death finishing up buildings.
CHOW TO Cure All skin Diseases."
Simply apply "Swayne's Ointment" No
internal medicine required. Cures letter,
eczema, itch, ali eruptions on the face
| ha b. no att - 81.