Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-02-17
THE TABLES TURNED.
HOW ooapoNsvlLLE HAS TAksH
THE TIDE At FLOOD.
It's natural Position a. naiiroad centre
Beautiful Residential sites--DH'
ness-Like proposition.

conroxsvyrry February Bit IS . long
,ono mai has no turn is On old and . true
saving. All virginians know the ell M
honored disposition 70 joke uordoils, ~. ~
about her chicken-legs. Indeed u ussu ~
he said that ali the chickens in eoraonS-
ville were ROSTERS, and oil the ROSTERS
sbarcbais Well. lately Gordonsyilie mas
been getting up with tie BOOSTERS, anu
from the way she has been striding s ,''ss
might very appropriately make .ne s ,oAs :,
legged Shanghai her city. crest. sn S is
steppiup out in every dlrectlon - how
destined TO turn the tables on soine u 49,
Boosting sisters.
RAILROADS.
Tn n recent letter alluded TO Goraons11
yille's present and prospective r,aAi, ,,oa,,
connections. IL any one VIII tsHe = . thst
OF the State of Virginia ne VII re- ra;
these are natural-that Is, tnaS eue bava
roads built and projected did not naHs
~ bnnt mn Gordonsville. They woulu
have come here If there bad been no suen
Mace and Gordonsville's developments
tbongh lint of recent start, was certain
- 7t had TO come. That was an una
yoidable sequence. Not only that. but
Gordonsyille Isl convenient distance Ir0 ,Ia
!. everywhere and the connexions oulle
and being built are, it is apparent, ont .
part of the network OF iron tnat ere Iong
will pass through her doors.
THE TIDE AT IFS FLOOD.
The Gordon Land Company saw this
and took the tide at Its flood when they
nurchased their two thousand FIVE hun
dred acres of land. They saw that Cor
louisville was bound to grow, and they got
control of the property on when that
growth was IN the nature OF things com
PEELED TO take place. The more carefully
one examines the land the more evident 1t
Is that. aside from its adaptability to the
necessary residences that must follow the
expansion Of Gordonsyille as q manutae-
turing city, it is unexcelled as sites tor
beautiful summer cottages. The ar Is
bracing the water pure, the trend or the
land renders drainage natural, and the STU
alton is convenient to all the principal
cities North and South and the most fash
enable waterlng-plaoes.
MINERALS, AGAIN.
/ have already alluded TO the rich lead
and zinc ores on the company's property.
The ANALYSES of these ores would seem TO
show that they are the basis OF manutac,
turing centre in themselves, but beyond
that it should be remembered that Cor.
louisville is in striking distance OF some OF
the richest iron deposits in the state, whlch
owing to her Typographical conditions Tor
railroad extensions must come into her lap,
and that she is on the line OF great sys;;
tenn that pierces one of the greatest coal
basins on the continent.
THE FINANCIAL SCHEME.
The financial scheme of the Gordon
Land Company, the capital stock OF Wnlch
is 1856, 900. cOntemplates the sale OF LOW
shares, the par value OF which Is SlOO per
share. With each share Of stock resi-
dence lot will be given; with each i've
shares four residence lots and business
lot will be donated, and the purchaser OF
ten shares will receive seven residence lots
and three business lots, and so on. These
lots will be assigned at a pubic drawing
which will take place as soon as advisable;
With view of securing plenty of air and
making the residential portion of the pro-
perty picturesque no residence Will De
allowed nearer the street than fifteen feet.
Fully-paid stock will be received at the
company's sale of reserved lots at $3.50 pei
share at the first sale If turned IN TO the
company within ten days after the day OF
| sale. The proceeds from the sale of 1900
shares of stock will realize S750,OOO, OF
which 1885, 900 will be used in paying toI
the property and its remaining $i65,OUO,
| tOgether with the amount received from
| sale of reserved lots will be used for paying
expenses of sale. improvements, paying
dividends on stock, and assisting manu-.
featuring establishments, o number OF
| which have been secured. With this state
ment, coupled with the other facts men
| toned, it would seem that the great advan.
I tages of the scheme would be apparent
TO any businessman.
The manufactures of Gordonsvllle can,
got fail to attract q large population ano
make il a sure and profitable investment
| to build neat and convenient houses. y.