Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1890-08-15
BASIS OF COMPANY.

This Company owns about four hundred
(4oot acres of land lying in one continuous
tract northeast of, and adjacent to the cor
porate limits of the City of Staunton, ex-
tending for half mile along the Balti-
more and Ohio Railroad ON the east, and
bordering on the same, and a greater dis
lance on the Valley Pike on the north. 1t
is also between the city of Stanton and
the lands of the Stanton Development
Company, which fact greatly enhances its
value. Every foot of this land is available
and we'll fitted by nature for building and
manufacturing purposes, beng we'll water
ed by several streams, which receive their
supply from numerous springs upon the
Company's land, thus affording ample
drainage and the necessary requirements
of large population and an unlimited
number of manufacturing enterprises.
LOCATION AND SURROUNDING.
The Staunton Improvement Company,
as will be seen from its name and a view
of its Surroundings, is not to be regarded
as speculative venture, but is for the pur-
pose of adding to and advancing the in
terests of the "Queen City of the Valley
the city from which has emanated in a
large measure the men and money that
have done SO much in putting on foot and
furthering the various enterprises, which,
within the last twelve months, have dis
closed to the world the great wealth and
resources of this part of the South. 1t has
for its foundation the progressive city of
Staunton, with population of about twelve
thousand, whice is situated at the junction
of the B. & O. and c. & O. railroads, and
is the county-seat of Augusta, the largest
and wealthiest county in the State. Staun-
ton is the most prominent city in the beau
tiful and picturesque Valley that extends
a distance of 300 miles between the Blue
Ridge and Allegheny mountains. 1t is
about 1900 feet above the sea, thus having
the benefit in summer of the cool noun
tain air; yet SO protected as to exclude the
cold blasts of winter, making that season
of the year much milder than in the more
elevated and open portions of the State.
Stanton has in her midst eight educa-
tional institutions, the State Institution for
the Deaf, Dumb and Blind and the Asylum
for the Insane, from which is received
yearly income of half million dollars;
also gas and electric light companies, water
works, fire department with electric alarm
system, ice mandatory, two furniture fac
tories, four sash, door and blind factories,
one large Touring mill, feed mill, plaster
mill, shoe factory, wagon and carriage fac
tory, four newspapers, handsome opera
house, two fertilizer establishments, thu
largest fannie acid works In the country.
two national banks, number ofinsurance.
building, shining and coal companies, and
the handsomest Y. M. c. A. building in
the State, costing $4,000 A street rail-
way has been constructed, with its east
ern terminus on the street leading to and
not far from the land of the Stanton I'm.
provement Company, and efforts will be
made to promptly nxtend it through then
land.
Sixty-four thousand dollars of full paic
and non accessible stock is now for sal,
by the Company at par, and subscriptions
are invited for the same. But the Comp |
any reserves to itself the right to reject any
which may be made in excess
Of the sixty -four hundred shares now offer
ed for sale.
The terms upon which it is offered are