Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-04-18

stock shall be regarded as a vote, and as
there are 1900 shares there will be 1900
votes
AS there is no indebtedness upon the
property the title will be fully guaran-
teed by general warranty deed. From
these arrangements il is perfectly appa-
rent that the company intends the fairest
dealings with the public, and that it will
spare no effort to make 1t both profitable
and pleasant 10 any and all who may have
dealings with them.
Parties desiring information respecting
Chestnut-Hill property will obtain the
same by writing to or calling upon Presi-
dent ]. M. Fourqurean at Fourqurean,
Price d Co.'S. or Secretary w. II. Dunn,
I'll east Broad street.
HIGHLAND PARK COMPANY.
The Highland Park Company obtained
its charter from the Circuit Court of Hen
rico and its scope covers the same ground
of the viaduct and the Northside Land
Company. The reason these charters were
prayed for from the Henrico Court is found
in the fact that the property lies in Hen
rico county.
The officers of the Highland Park Com
pany are; Norman V. Randolph, presl-
dent; b. +. Johnson, vice-president;
Frank Mosley, secretary and treasurer; A.
II NhOSbls EEutAhl ildudktI. DlItCIDES
N. V. Randolph, president of the Virginia
State Insurance Company; d. L. Johnson,
of B. +. johnson n Co., book publishers;
A. L. Mosby, Waynesboro', Va; A. j.
Enslow, Richmond, Va; j. NJ. Fourqu-
rean, of Fourqurean, Price q Co., dry
goods; Peter 4. Sublett, of Sublett X
Cary, commission merchants; j. ID. Mosby,
of Virginia Nurseries; Frank b. Enslow.
attorney at law, Huntington, w. Va. ; N.
and Eropb
Mosby, Richmond, Va.
BEAUTIFUL LOCATION.
This company owns over 800 beautiful
and valuable building lots lying in Henrico
county, directly north of the city of Rich
mond, at the same distance from the Cap
itol Square as the Exposition building, or
two and one-quarter miles, and directly
within the line of the Improvements now
being so successfully developed by the
Northside Land Company, whose energy
and enterprise, IL can be justly said, have
increased the value of their property, and
that of adjacent land, from 400 TO 500 per
cent. within the last twelve months.
The situation Of every one of these lots
brings within tho range OF vision pleasing
landscape views and lovely outlooks on
all sides. The grand table-land gradually,
and almost imperceptibly, slopes CITY,
wards, the grade being less than forty feet
to the mile, making 1T capable OF most ex-
cellent sewerage. and at the same time
giving TO each lot commanding view of
the city and country.
VALUABLE PROPERTY.
Almost everything that has been said to
show why the Chestnut Hill property IS
valuable can with equal truthfulness be
claimed for Highland Park. The great
yiaduct connects it with Richmond, and
the electrician lines will run through the
entire properties, giving q seventeen-hour
service. The first car will leave Highland
Park at G O'Clock in the morning and the
last one will leave Richmond at ll:l5 at
NIGHT, affording rapid transit TO and from
the city of Richmond and across the rlVer
10 Manchester. As has been said before,
these street-railway facilities Will ben fuii
blast In July next, and will put passengers
in the business part OF either city rom
the most distant lots In Highland fark
within fifteen minutes.
The promoters of this company are ener-
eetic, successful, progressive business
men, thoroughly identified with the busi-
ness interests of Richmond and us
suburbs. and may be expected to do tar
more than they promise. The company
has SURVEYED and laid out, as is shown by
their maps, avenues sixty and eighty ieet
wide. all pointing directly to the CITY;
streets fifty feet wide, alleys twenty ieet;
and lots thirty-fve by one hundred ana
forty.
INTERESTING BUSINESS PARTICULARS.
The present capital stock of this COM
pany is S25O.0OO fully paid up. and nom
assessable, divided into shares OF SlO eacn,
makIno in all 5000 shares. The company
nos surveyed and mapped its property into
over 900 lots, each lot having So-toot
front ON an avenue so feet wide, and run
ming hack 40 feet to an alley 30 feet wlde.
Over one half of these lots are reserved IN
the treasury of the company; the remain
inc 400 have been nearly all sold. very
little of the stock of the company Is
now ON the market. and from present lndi-
cations that will be quickly disposed OF.
OF the lots left and the shares OF tne
capital stock fully paid up ana h9h NJ ssds
on the following terms: One lot aa9
twenty shares of stock. $3.50, to be pal1
10, as follows: The payment IN cash Oh
s9o ner block shall DO made 70 the auth0r-
Szed accent Of the company soliciting tne
the deferred payments TO De
maid in sixteen monthly instalments OF
so per block; all deferred payments Win:
mt interest TO be made 20 the ORDER OF
Frank Mosby. Box 257, kichmohd, va
Any purchaser. failing 10 comply WIZ WIZ
these terms VI 4 :.
above within ten days shall forfeit ms VA,
teTest ia his purchase unless renewed
therefrom by action OF the Board OF Direc-
" purchasers desiring 10 anticipate their
deferred payments can by so DONG secure
thair deeds 10 lots Immediately after the
sssienment. and viii be allowed discount
~ q ner cent. AS soon as 500 has been
Maid on each block the stock VIII DC lssueu.
When the entire amount OF SSoO mas pesn
,,aid and drawing made deed VIII DC
gwen 10 the purchaser. h a draw
THESE lots will be designated oy uIaw-
Inc superintended by dlsinteresteo per
sops. 10 take place as soon as prac,icaoio
after the sale OF lots.
ELAN FOR DRAWING LOTS.
Only two adjacent lots can be secured ~
~ s,y,,rchaser on the same square. Inc
,.n ao,.sy in which these lots shall be desiR-
nated will be as follows; After the sni h,e
1csl lots are sold and tho number OF o0nuio
lots sosd. ascertained. the Board OF Di ist-
tors will locate the number OF doupie tV ns
, nasdsd s9uitably in the proportion tne
:. :, ~, IN dostble lots bears 10 the enti5e
tna SThen he parties who bougnf uoupie
lots viii lave their lots drawh .io 4. s "a.
lots thus selected, and immenia.en, M la pays
after ths purchasers Of stngieiots VIII - ~
theirs drawn from the residue q w 1880 ~
the drawing always 10 be by uisinss.s ~
nereoDa. No one can participate ~ y. ~ y
Ssawinc far double lots unless tins eiaila =