Roanoke daily times. (Roanoke, Va) 1886-1890, 1890-04-04
THE GREENWOOD LAND COMPANY
"A Part of Bedford City Tint Is Attra.-
tion tho Attention Of Investors.

One of the prettiest tracts of land il
Southwest Virginia, both for resid
ences and manufacturing sites, is that
which lies in the northeastern part oil
Bedford City, few hundred yards
east OF the depot Of the Norfolk and
| Western RAILROAD.
The land is the property OF AR.
Robert S. Quarles, clerk Of Bedford
county. The tract includes 1876 acres
and extends along the, Norfolk and
Western Railroad for three-quarters
of mile.
The land is slightly rolling, with just
enough slope to secure good drainage,
and yet at the same time not have its
adaptability for building marred in
the slightest degree. This land, a
company to be called the Greenwood
Land Company, intend to purchase
and have it graded and laid OF in
streets and otherwise improved. The
capital stock of the company is to be
$250,000 divided into shares of 500
each.
The officers of the company
are all prominent and substan-
tial men. For the ensuing year they
are as follows: r. H. 7. Adams, of
Lynchburg, president; w. c. Judd, of
Bedford Guy, vice president; Il. S.
Quarles, of Bedford City, secretary
and treasurer. The directors are r.
Fl. II. Adams and J. Gordan Payne,
of Lynchburs, II. s. Quales, G.
o. Board, r. D. Buford, John L.
Curtis, IL. C. Judd, o. Bedford City
p J.. Terry and Colonel Frank Hu;
ger, of Roanoke.
The character and standing OF the
men at the back of the enterprise,
and the advantages of the property
to be purchased, insure the success of
the undertaking Some OF the adj
vantages of the property are these
It's nearpes to the centre of the city
and its long line O: frontage en- the
Norfolk and Western Railroad, nearly
three quarters of mile, and its con-
sequent adaptation for lnanufactur-
ing sites.
The prospectus of the company,
which will be made public today,
says in part:
The lands which this company
propose to purchase and improve by
the laying out of lots, grading streets
and alleys. the laying out of parks.
intersected by drives and walks, con-
sist of 1876 acres of land, and lies
few hundred yards east of the Nor
folk and Western Railroad depot, and
along both sides Of the railroad for Il
distance of about three-fourths of a
mile, and is the same land now own
ed by Robert S. Quarles.
The following are the established
industries OF the city at present,
backed by population Of $500 peo-
pie.
The Liberty Wooden Manufacturing
Company, capital $4,000. Value OF
building and machinery $4,000.
Four tobacco factories, three cigar
factories, seven wholesale dealers in
tobacco, four dealers in leaf tobacco,
the Liberty patent rolling mills,
Falkoner steam Touring mills, two
leaf tobacco warehouses, one foun-
dry and pillow works, two planning mills,
one box factory, three brickyards,
one spoke and handle factory.
The city has the finest water sup
ply in the State, supplied from a
spring on the Peaks of Otter.
An electric light plant, and
street railway company in contem-
plation.
Also Randolph Macon Academy,
one of the finest buildings in the
South; Belmont High School, and
the Jeter Female Institute.
Following are some of the contem-
plated improvements, which will rem
der this property very desirable: A
steel rail plant. a tobacco stemmlng
machine, broom factory, q wood
working establishment, furniture
factory, a. street railway, which no
doubt this company will secure
through its property.
The line surveyed for the James
River and Bedford County Railroad
runs through and makes connection
with the Norfolk and Western Rail
road near the center Of this property,
and will most probably be built in
the near future; and as this is the
most feasible route prospected, it is
probable that this route will be adopt
ed by the Pittsburg and Atlanta
Trunk Line. AS there can be had
three-fourths Of q mile Of switch
track along the Norfolk and Western
Railroad, it will be seen that the best
facilities for receiving material, and
loading on and shipping manufactur-
ed products can he had.
On account of its close proximity
to the town, it is very desirable for
residence lots as well as for business
purposes, it being very near to the
business centre of the town.
Bedford City is on the biggest boom
it has ever known, and there is every
reason to believe that wonderful inn
provements will be seen there in a
short time.
The Southern Edea-
LyNcHBURG, April Give ladies