The Durham daily globe. (Durham, N.C.) 1889-1894, 1892-02-24
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THEY WE'RE PLEASED.
4 Durham (N. Co. Committee Visits New
port News-Their Impression.

4 Durham (N. Co. Committee Visits New
port N~ews-Their Impression.
The Richmond Dispatch says A short
time ago a syndicate of Durham On. Co.
gentlemen bought 178 lots in the beauti-
full plateau adjoining Newport News
and lying between that thriving place
and Hampton. The plat was bought
from the Newport News company. This
syndicate was incorporated under the
laws Of North Carolina as the North Car
DINA and Newport News company, with
Mr.. B. L. Duke as president. Mr.. Duke
is the wealthiest citizen of the Old North
State, and one Of the most enterprising
men in the United States. Though the
corporators and stockholders were fully
satisfied with their investments, many Of
them interested in the property had
never seen it, and recent y they appoin
ted a committee to visit Newport News
and report. The committee consisted OF
b. l.. Duke, r. b. Boone, T. S. Christian,
!. r. Darlington, J.. T. Corbett and W.
Y. Deane, who Wednesday, in charge OF
Capt. J. S. LipscOmb, general manager of
the company, executed their commission.
The party was in Richmond yesterday
on their way lack TO Durham, and to
say that they were enthusiastic respect
ing Newport News and their holdings
does not express it.
Mr.. Boone, who is a leading lawyer Of
Darham, the %cOmpanY's counsel, and a
clear. headed, cautious business man,
speaking for the party yesterday to a
Dispatch reporter, said that they were
all delighted. Why" he continued,
"nOthing that has been said about New
port News and its prospects is in the
slightest exaggerated. In fact, justice
has not been done in the natter. The
visit was a revelation. OF course, we
were led to expect much, but our eXpec-
tati0ns were more than realized"
How about.the ship-yard plants build
ing :" asked The Dispatch man.
They are magnificent, and | learn
that the piles have been driven and prep
a~rations made for building on a still lar
ger scale"
Another member Of the party said they
had expected to see a collection of sheds,
but the great brick structures with their
maze Of machinery and their ships in
process of construction was a most
agreeable surprise.
"And what about your property :"
asked The Dispatch reporter of Mr..
Boone. 1--WE went over it," was the re-
ply, land were charmed. A good in.
yestment? Well | should say so. 1t
struck me as being the most beautiful
property between Newport News and
Hampton. There is no question about
Newport News becoming a igreat city.
Huntington and his party are not put
ting all that money down their for fun"
Mr.. Duke expressed himself as de-
lighted with the situation and the stroke
that had been made by the company in
securing the property. Though Mr..
Duke goes into investments on a large
scale and is lavishly liberal with his
money, he is one Of the most successful
investors in the South and a safe man to
follow.
The committee go back to North Car
DINA prepared to open the eyes of the
already well-pleased stockholders of the
company.
The property purchased by these
North Carolina capitalists consisted of
1iS lots out of the plat of the Newport
News company, of Richmond, Va. The
Newport News Building company, ad
vertised in the Manufacturers Record,
owns 800 fine lots in the same locality,
on which it proposes to build dwellings
to meet the demand for houses.