The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-05-25
A VISITOR INTERVIEWED.
Why He Purchased Lots in South
Roanoke.

Z" made fist class Investment in
your Magic City," said guest at Hotel
Roanoke yesterday. q purchased sew
eral OF the lots recently placed OH the
market by the Jefferson Land Company,
and before tho contracts could be drawn
| was offered Il nice little bonus to
transfer them to another party | did
not do so, however. for |. bought for a
two-fold purpose. intend to build on
somo of them and sell tho rest at n
handsome profit. | have long wanted
10 own property in Roanoke, for tho
reason that it pays larger interest on
the cost than can get anywhere else,
anu inc Jefferson Land Company gave
mo tho opportunity. visited the prop
erty' was delighted with tho location,
saw IL was from rs to so per cent.
cheaper than other property had been
shown, and l bought"
inc above paragraph tolls the whole
story. The speaker was prominent
anu wealthy citizen of u neivhboring
State. lie followed the example of
others wEo visited Roadokc, and found
the representations of it's marvellous
growth to be true.
10 appreciate the beauty and desira-
billty of the lots offered for sale by the
Jefferson Land Company, it is necessary
to visit tho southern portion of tho citv
and take u look at them Hero YOU seq
residences which cost from So, 500 to
$50, 600 each. all on elevated ground and
within few hundred feet of tho Roa-
noke street railway, which will connect
with the Norfolk and Western and Roa-
noke and Southern dcpots and all parts
of the city. jefferson street. over
which the street railway will be OK
tended to Roanoke river and bcvond,
has recently been macadamizcd in tho
southern part of tho city, and will oven
tually DO one of the favorite driveways
of the city.
The property of the Jefferson Land
Company is elevated and purchasers of
lots will not be perplexed by "the
drainage problem or mud. No cheap
or ugly residences have been erected in
that locality, which fact enhances tho
value Of vacant lots. With liberality
not always characteristic OF land com
panies the Jefferson in fixing the prices
of lots, ignored many OF the advantages
which, if taken into consideration,
would have secured the stockholders
much larger profits. Some of them
live in that section and all of them are
satisfied with reasonable profit ON
their investment, hence tho very liberal
prices and terms at which these lots
arc offered.
1t should not DO forgotten that Roam
okc is making rapid progress in the
acquisition OF industrial plants. The
Roanoke Machine Works, Grocer Twin
Furnaces, Roanoke Rolling Mill, Amor
lean Bridge and Iron Works, Midway
Iron and Spike Mill and the furnace Of
the Roanoke Iron Company are some of
tho largest industries in successful
operation and the Muck Bar and Plato
Mill, to employ $50 men and boys at tho
start, will be completed in a short time.
The Roanoke Development Company
have contracted for the establishment
OF a Wooden Mill, Shelf Hardware Plant,
Engine Works and Carriage and Wagon
Works on their lands in the the south
crn part Of the city. These Industries
will give employment to G25 mon.
With this wonderful growth property
will advance in value. Mcssrs Ludwig
~ ,lam!son and Dupuy e Talafcrro,
real estate agents, have tho sale of the
jefferson Land Company's lots, and
parties who desire to secure ii choice To-
cation for Il residence would do well to
sec or write them ut Roanoke, Va, with
out delay. Tho property they arc offer
ing speaks for itself. 1t is almost in
the heart of the city, and is surrounded
by class of buildings which lend
beauty and value to that section of the
city.