The times. [volume] (Richmond, Va.) 1890-1903, 1891-05-07

end Of the bridge Rivermont Will oner lots aI
from $40 TO $50 per front loot -, -.
Now investors would do well TO look hVo
this and TO remember:
l. That Riyermont is partly within the cor
porate limits of one of the wealthest most
thriving and most solid cities in the South.
2. That the Astors the Yanderbllts, the
Stewards and the great bulk of those pos;
sessing large wealth have in the main secured
it through the means of suburban invest
ments That the proportion OF urban popu-
latiOn in Virginia az compared with the west
ern and Northern States Is very small.
B. That Virginia is growing rapidly and
that the tendency of people is TO centres, and
hence TO cities. and consequently urban pop
ration must largely increase and SUBURBAN
property must of necessity enhance IN value.
1 Go where you will in Virginia and no.
where will YOU find an investor in suburban
property expressing regrets at his purchase
g. By suburban" mSlst be understood
property contiguous TO real and not imaginary
cities.
Now let us SEQ how this fits our case.
Lynchburg is the city, part OF which we
already are-the balance of which Is Its
suburban annex She has $4,000 Inhabitants
and il is a mammoth beehive when we con
slider its manufactures and other industries.
IL is crowded. and wants more room The
topography will give relief IN no direction,
80 easily as across Rivermont bridge.
She handles 40O0000O pounds of tobacco
annually under the direction of fifty estab-
lishments, known we'll On both sides of the
Atlantic Its wholesale and jobbing trade
amounts TO st. 800 000 with commercial tray
ellers representing seventy firms OF Lynch
blrg's pushing men. There are over seventy
manufacturing tabllshments-cotton, IRON
aud other metals. wood, stone, ice, &c.
1t brides itself on It. solid financial cOndl-
NJ or, Z hos al
war. aud it was the only city in the State OF
Virginia in which not a bank suspended pay
ment in the great panic of 1873. IL was the
pioneer in reducing the rate of interest to
borrowers TO six per cent and indeed IS IN
fact the only city IN which the banks uniform
~ did it. Still these banks pay 10 their stock
holders from eight to ten per cent dividends.
IL has banks and bankers, nine in number,
with deposits -, 500, 000-surplus S35O.OOO-
and loans 50 500 000
There are in Lynchburg twenty miles OF
water mains. with three reservoirs storage
capacity 100000 gallOns-wlth pumps the
capacity of which IS Z. 900 900 gallons per day.
eight and one-haf miles of sewers and as
many miles of gas pipes There are ten COM
mOdous school houses ,00O pupils 81 teach
ers. twenty-fOur churches. three daily news
papers telephone, telegraphic and other
electrical facilities, including extra power and
lights and IS the only point IN the state OF
Virginia common to the three great systems
of railroads which penetrate her borders viz.
the Norfolk and Western. the Chesapeake and
Ohio and the Richmond and Danyille, supple
mented by an independent line, the Lynch
burg and Durham railroad. thus giving lines
Of communication radiating in seven different
directions securing competitive freight rates.
cheap coal and coke and advantages for dis
tribution second 10 no place in Virginia.
Enterprises seek such points withoutbonuses.
With such advantages is our property sur
rounded, and it Is IN reality Urban and
Suburban property, and TO investors we can
truly say. in presenting you rare oppOrtuni-
ties we invite unrestrained scrutiny that you
may satisfy yourselves and not have cause to
Say it might have been" unless you fail 10
invest. The RIyERMONT COMPANY.
MAY lst 1891.