Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1890-05-02
Notes from the Picket Line OF the
Booms.
The Lynchburg News Of SATURDAY

The Lynchburg News Of Saturday says
that syndicate composed of Hon. Absalom
Koiner of Augusta, Mr.. Harry Bingham of
Baltimore, and other philosophical CAPT
talists, proposes to purchase the celebrated
resort knownas Coyner's Springs, and make
it one of the most popular and valuable in
the South. To this end company, to be
known as the Coyner's Spring Investment
Company, will be organized with capital
stock of $4,000, divided into shares of
500 each.
J. R. Guard, formerly Of Staunton, with
Geo. Davis and J. N. Cares has purchased
for $1,000, a fine timber and coal tract of
l ,215 acres, on Lens Greek, W. Va.
A letter from Goshen says that MI. G. L.
Cooke Of Staunton has informed some of
the citizens around there, that the options
he took on their lands would be closed up in
May. Col. Chew, rolling mill owner from
Charleston, W. Va, was in Goshen with
Mr.. Cooke, looking for site to place his
mill.
The "Valley Land and Improvement
Company has been formed at Luray, with
D. f. Kagey, President. Among the Direc
tors is Dr. A. M. Henkle of Staunton. The
company has obtained control of $500 acres
of town lands, 5000 acres of mineral lands
and the Luray Inn and Caverns.
The purchase Of the ''Charter Oak
property, near Clifton Forge, has been
completed. 1t includes land around Clifton
Forge and Iron Gate. The stock of the new
company to be formed will be largely held
by parties North.
The lately chartered Rich Patch Compa
ny was organized on the 21st of April, with
D. Shanahan of Louisville, President
Among the directors are Maj. S. M. Yost
and Hon. Jacob Y ost. The company au.
thorized the President to purchase 1884
additional acres neal Covington, called the
Robertson lands, at the price of $40 900.
Carter Harrison of Staunton has common
ced the engineering work of the company
An L. and L. Company has been formed
in Rockingham, with Dr.. S. P. II. Miller,
President, and Thos. K. Harnsberger, Sec
rotary and Treasurer.
The L. and I. Company at Covington has
organized with r. L. Parrish, President:
J. j. Hobbs, Secretary and Treasurer, and
W. G.. Sears of Chattanooga, General Man.
ager The capital stock has been raised to
$500, 900. Among the Directors are VIM.
M. and A. A. McAllister, and e. M. Net
Teton.
The force of mechanics that left Edin-
burg, Shenandoah, for Iron Gate, to erect
the Farmers Alliance works, headed by
Manager Wissler arrived in Iron Gate in
the morning, broke ground, and by dinner
time had house up in which they cooked
and ate their dinner! Theliveliest Of boom
ing times could hardly beat this.
The Coal Trade journal speaking of the
Guyandot Coal Land Association, which
was organized in Philadelphia last Deem
Der, and which now owns 230, 900 acres of the
great Appalachian coal field in West Virgil
MIA, OF nearly $50 square miles, says the
property fronts on the Ohio extension of the
Norfolk & Western Ry. now being con-
structed, and which will reach it by au-
tumn. Speaking of the members of the
Association, it says that one is ''Maj. Jed.
Hotchklss of Staunton, who is everywhere
known as the recognized authority upon
the mineral and other resources of Virginia
and West Virginia gentleman entitled
to the credit of guiding capitalists to the
Great Flat-Top coal field and of formulating
the plan by which it has been so wonderful
ly developed
The Lexington Gazette says that a syn
dictate has purchased Col. J. G. Shields
farm at Riverside for $4,000, the Colonel
reserving the homestead and thirty acres
of land.