Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-11
which old but substantial and progress
sive city in extending its limits towards
Newport News.
RlcHMoNp INTERESTED.

NeNpois No"es
RICHMOND INTERESTED.
This fact Is appreciated by sagacious
businessmen In this section and at other
places, including Richmond, and rs o
consequence there has been organized in
the latter city the Newport News Hamp-
ton, and Old Point Development Com
pany. who have control OF over twelve
hundred acres OF land lying between
Newport News and Hampton, with
which they propose TO meet the fnturo
necessities Of Newport News. The capt.
tal stock Of the company is to be 81, 0OO,-
900 and the names OF the gentlemen
managing its affairs are so well known o.
10 afford q guarantee Of success. These
gentlemen arc Hon. J. Taylor Ellyson,
Mayor Of Richmond Etzhugh Lee, OF
Glasgow, the distinguished general
and equally-distinguishcd Ex-Governor
OF Virginia Edward c. Nenable, OF
Petersburg, ex-congressman, and the
head OF the largest tobacco manuiactur-
ing company in the South Barton
Myers, British Vice-Consul at Norfolk
aud ex-mayor Of that city Colonel Car
ter NJ. Braxton, one Of the most prom,
nent citizens Of Newport News; Colonel
Thomas Tabb, Of Hampton, one oil the
most distinguished courSel In Tidewater
Virginia George II. Schmelz, the sue
cessfui banker OF Hampton and New
port News, and Lewis II. Blair, OF Rich
mond, a successful merchant trading
largely with Virginia, West Virginia,
North Carolina, South Carolina, Georgia,
Florida, Alabama, and Tennessee.
PLAN OF DEVELOPMENT.
Tho company's land extends in one di-
rcction from Newports News to lamp
ton. and IN the other from the Chesa-
peake and Ohio railway 10 the waters OF
Hampton Roads. Its elevation Is above
the highest tides; il is well drained; ID
free from stones and other obstructlons,
and its general surroundings are highly
picturesque. The plan OF disposlng OF
lots, villa sites and manufacturing sites,
for which iatter the river and rail-
way fronts of the property are admirably
adapted, is simple, business-hke, ana
liberal, and offers great inducements 10
stockholders. Reasoning from the ad-
vance in prices OF lots in Newport News,
there could be no better or safer Invest
ment than In the stock OF this company.
In the matter of general development
the company propose TO run through
their property. from Newport News TO
Hampton. railway operated by cleo
tricitv or steam. which Will connect with
the line under construction from Hamp.
ton 10 Old Point. Avenues will De opened
from the water front to the public high
way. which runsalongsidoan throughth
company's property streets and parks
and villa sites will lie laid of, and wide
shell boulevard will be constructed from
Newport News TO Hampton, thus Afford
ing a beautiful drive from the former
place TO Chesapeake City and Old Point.
A BIG BALANCE.
The company further design promoting
manufacturing enterprises, and to do
this. provide for hotels, and beautify
their property generally. they will have
in their treasury on the basis OF the sale
of all the capital stock a cash balance
of between 3i5O,000 and 100000, That
stockholders in the company viii par
take of whatever benefits Newport News
and Hampton, seeing that the oompanys
property is connecting link between
these two places, is manifest. The sur
roundings of Newport News and Hamp-
ton afford delightful bathing, fishing,
and boating Newport News is by rail
or water in connection with all the prin-
cipal cities Of the country. It's hotel Is q
favorite resort, and its future rs resi-
dental place and as the seat
of pleasure cottages is as certain
as is the fact that it has proved,
and viii continue TO prove, splen-
did field for investment. As far
back as Williamsburg the farming com
munity are engaged in trucking, thus
furnishing to Newport News the earliest
fruits and vegetables. Hampton is one
of the greatest oyster-marts in the cOun-
try. A magnificent water supply IS
being provided for Newport News. Tho
climate is delightful. Old Point and
Chesapeake City with their hotels
guarantee charming and fashionable
society. The school and church facill-
ties are oil that could DO desired, and
altogether the future grand city between
the Roads and the James is q location for
homes, where pleasure and profit must
20 hand in hand. ARAMINTA.