Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-04
ALVARAD0 PARK.
WHAT IT IS, WHERE IT IS, AND HOW
SURROUNDED.
something sbou. the Suburban Annex TO
Buena yista-vilia and Bestdentiai
sites-A Health Resort.

ALvARADo PARK, November /, 1890
Where and what is Alvarada Park IL
is an annex to Buena Vista. That will
locate it in general way in the public
mind. II seems to have been designed
by nature for villa sites for the industrial
hive that Buena Vista is destined to be-
That answers the second question. But
to go more into detail, Alvarado PARK
consists Of o tract OF land embracing 80
acres situated on the east side OF that
picturesque str cam. North river, upon
which it has beautiful front, and adj
Joining Buena Vista on the north: III
also adjoins other property adapted ior
manufacturing purposes. The lana Is
elevated above the freshet level, is rolling
and is well drained. A glance at the
property from adjacent mountain slopes,
or from either the North River branch
Of the Chesapeake and Ohio railway, or
the SHENANDOAH Valley branch OF the
Norfolk and Western railroad, both OF
which run through the property, and
knowledge OF the great development
that is in store for Buena Vista demon
strate that the extension OF Buena vista,
especially in a residence way, must be
toward Alvarado Park.
a A COMPANY.
This fact was not slow to attract the
attention of capital. and as aconsequence,
the Alvarado Park Company has been
organized under a charter from the CIR
cult Court Of Rockbridge county, for the
purpose Of developing the property and
any other it may hereafter acquire.
CHARACTER OF DEVELOPMENT.
The scheme of the company is not in
the nature OF nursing "boom," as that
word is ordinarily understood. Though
reasoning by analogy it is manifest the
proposed plan of development Will result
in large profits to tho stockholders. Per
manency OF investment rather than
speculation is the chief attraction offered
by the Alyarado Park Company.
HEALTH AND PLEASURE.
To begin with, Alvarado Park, aside
from oil other considerations, IS loca-
ton for a health and pleasure resort.
Like all the surrounding country, 1t IS
remarkable for its bracing air, for It's
healthfulness. and for the salubrity OF It's
climate. The two railroads referred to
place it in quick connection with the
principal cities North. South, East, and
West. Near the centre Of the property,
at point that commands a magnificent
view Of all the surrounding scenery, ana
which nature seems to have designed for
hotel site, has been discovered an iron
lithia spring, the use OF the water OF
which has effected some remarkable
cures. This water has as yet been only
partially Analysed, but the partial
ANALYSIS shows that it contains IN Gddl-
ton TO iron and lithia macnesia and ar
senic. The back water OF the dam OF
the Bueua Vista paper-mill extends up
the river for over half a mile, and affords
charming facilities for boating and fish
ing. while in nearly every direction there
are accessible places Astounding IN game.
THE ADDITION NEEDED.
The necessity for an addition to Buena
Vista such as AlYarado Park is as indl-
Gated so apparent that it would seem
that saCacious Businessmen will hardly
allow the comparatively small amount OF
stock yet unsubscribed for to remain on
the market. Several citizens OF Rich-
mond have taken advantage OF the IN
ducements offered 10y the enterprise, as
shown by the list OF officers OF the COM
pany, which is as follows John II. Dim
neen. president; Charles f. Wineo,
vice-president Howard Kinney. secre-
tary; II. l.. Pelouze, treasurer
Directors: John II. Dinneen, q. A..
Walker, @. +. Wingo, Walter 5. Alley,
George Hunley, ii. l.. Pelouze, and H..
/ L. Christian.
The new turnpike between Buena
Vista and Lexington, that great Virginia
seat of learning and home OF cultivation,
will run directly through the Alyarado-
Park property and the locationis accessi-
bic to oil the fashionable summer resorts
of the State.
FINANCIAL PLAN.
The financial plan of the company is
simple and conservative. Engineers are
now surveying the property, laying of
residential and villa sites, opening ave-
nues, &c, and within a very short time
the erection of a handsome hotel near
the spring and the building OF residences
and villas will be commenced. The pri-
mary design of Alvarado Parks to make
il a suburban retreat convenient to but
away from the whir of machinery and
the yexations OF the counting-room.
ARAMINrA.
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