The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-11-13

pany only waiting for the conpletion of
sue belt line by the plant. The boiler,
engine aud some of the sbaftinC is
already here and being placed in posi-
eson. Not less than 300 men will find
tuipioyfnont In this splendid Industry
Mieh,n the next few months These
ouiiulngs were erected by Frank II
'ay, inc contractor. and are models of
me Workmanship and durability Mr..
May has constantly been on the ground
since the foundations were commenced
anu every minor detail has received his
personal attention.
Two blocks away the walls Of the
brlageWater Carriage Works are in
course OF erection, and this already sue
cessful enterprise will here conduct n
constantly increasing and profitable
| business.
Crossing tho grade of tho bolt line
along which runs Railroad avenue. we
come to the Duvall Engine Works.
which are located around the bend in
the river These buildings, from one
TO two stories in heightn, are models of
an industrial plant. Perhaps NJ build
| lngs In Roanoke have ever been con-
Strncted In moro workmanlike man.
ner or are better adapted to, the needs
or manufacturing enterprise. Frank
d. korte, tho general manager of tho
company, had charge of the ere ction OF
these buildings, and in their construc-
ton he has embodied some very original
ideas, combined with over twenty.fiye
years experience with the Duvall Com
pany, which he entered as an apprentice
boy ana gradually rose to tho position
he now holds. Mr.. Korte started his
business career with this company and
has never been out of its emplsy for n
day.
These industries, in conjunction with
those OF the Roanoke Iron Company will
employ over 1000 men for whom homes
must be provided. 1t is n low estimate
to say that 1000 employees will support
population of 5000 people, for not
only will tho employees have families
OF their own, but those families must be
fed and served in hundred ways and
Tor these services must como stores.
butchers, bakers, servants, laundrymon
and all the minor businesses which 60
10 making up city. 1t is, therefore,
an entirely conservative estimate that
within twelve months population of
5000 poole will find homes on the deyel-
opment Companys tract.
Ample provision is to be made for
their comfort and convenience. A con.
tra;t has already been entered into with
the Gas and Water Company to Law
mains through tho property, and work
on these mains will DO begun MS soon
as bridge No. l is completed. Large
areas of land have been reserved at low
iigures for workingmens homes. Lots
on Northumberland and Rockbridge
avenues, within easy access of the
plants, have been reserved, 5OXl5O feet
In size, for mechanics quarters There
are generally restrictions that but one
mousse is to be erected on each lot, thus
giving ample room for growth, prevent.
ing crowding and allowing each family
to have garden OF sufficient area for
raising vegetables and small fruits for
the table. Lots are reserved also for
church and school purposes. These
beautiful outlets and within few min
utes' walk of every industry on the
track.
with the liberality which has been at
all times marked characteristic of the
development Company, n limited num-
her OF lots are now being sold atgreatly
reduced prices to encourage immediate
improvement Tho regular schedule of
prices is extremely reasonable, running
from 500 to 5000 on 1rst-class business
properties, averaging $500 for ordinary
building purposes and $500 for large and
beautifully located villa sites The
'HiiNihS stobiiOOlOuS aIc plaCeU AT from
Sl,aO0 10 1000 for tho finest residence
quarters and the houses must he
set back from fifteen to thirty feet
from the street line, according to the
depth OF the lots.
In conversation with President A. C.
Denniston he stated he had no doubt
that an electric line will mako the cir
cult Of Virginia and Roanoke avenues
and run into the city early next year
The writer recently made a thorough
inspe ction of the properties in company
with President Denniston and can truth
fully say that 10 similar enterprise has
ever been planned with such broad and
liberal scope. Every future contingency
OF growth Las been forecast and pro.
vided for.
Tho material interests have fire.
qucntly been sacrificed to develop some
beautiful view. Ample reservations
have been made to preserve for tho pub
lie remarkable Typographical features
and give tree access to the best point of
view. No more grand and picturesque
views can be found in Southwest Vir-
ginia than may be seen from Mountain
View terrace or Rivermont avenue.
One word in conclusion. The areas
reserved and devoted to manufacturing
ente prises are located in the so-called |
poItom ianuS along tho river. That eX-
preston is misnomer for these level
stretches are never overlooked and vary
from fifteen to twenty-five feet above
tho level of the river.
"A Big Failure In New York
New YORK, Nov. 1a.-[Speciall-F
Smith IL Co.. ship brokers and commits
sion merchants, failed to-day. Liabili-
ties, 100000; nominal assets. same, but
actually much loss. Preferences, $780,
900.