The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-04-02
THE DEVELOPMENT COMPANY

THE COMPANY.
1t was the growth Of the town and tho
industrial expansion that gave birth to
tho Fairmont Development Company.
: There was nc ground to build on, and
something had to be done to provide
for the pressing needs. Capitalists
who saw sure returns on investment
joined with enterprising citizens, and
q tract OF two hundred acres, south OF
the town, vas purchased. 1t has been
laid of in lots and will furnish room, for
the present at least, for the town to
stretch itself. The location is beautiful.
tits n plateau overlooking tho meander.
ing course Of the Monongahela river,
and separated from the town proper by
q deep ravine. After this tract was pur.
chased the next object was to bridge
this chasm. Neither the town nor
county wouldlcn any in
the way OF financial aid, but the gentle.
men OF thedevolopment company knew
OF the faith that was in them and took
thetask upon themselves, and as q conse-
quence agraceiul iron viaduct four hun
dred feet long and ninety eight feet high
is rapidly approaching completion
likely to be finished in ten days. There
is already located on this tract tho new
state normal school and two glass facto-
ries. \ space has been selected for a
park and 4 site reserved for a hotel. The
location OF the normal school is 4 very
happy one. The grounds contain six
acres, are adjacent to the park and in
close proximity to the hotel. Grading
for the foundation of the school has
commenced, and it will not he many
days before the rising walls will outline
the imposing character of the structure.
Work on tho new glass houses will b.
Gin Immediately. And, by the way,
these factories are not located on paper
AS many industrial concerns are in
some boom towns-but on ground, the
turf OF which has already been broken.
From this it will be seen that IN excel
lent start has been made. The devel-
opment company is moving strictly on
conservative lines and raising no mere
tricious values. They OF course expect n
fair return for tho investment, but 10
realize this expectation they arc not
compelled to hold out any false induce
ments.
What a guarantee Of good faith the
names OF the directors of tho develop
ment compony are, comprising rs they
do such well-known gentlemen as eX-
Senator ]. N. Cam len, Governor A. R.
Fleming, Mayor Thomas w. Fleming,
]. =. Sands, W. S. Raymond, Captain ].
E. Watson, Secretary OF State W. A.
Ohley, Clarence L. Smith, O. S. Nc
Kinney, G. W. Arnctt and J. NJ. Hartley.
The outlook ut present is encouraging
enough to predict that within five years
Fairmont will have a population Of TO-
900 souls-perhaps in excess of this. it
is not exaggcrating the situation in the
least, as at present her mines and in
dustries are capable Of supporting a
population of 25,000 people.
RAILROAD IMPROVEMENTS.
People who passed Fairmont four or
five yearsago, and were observingenouph
to notice the amount OF traffic handled
b ythe B. 4 90, would DO surprised to-
day to note tho great increase OF trade
and the activity manifested on every
hand. The interest in this branch OF
business is immense and is constantly
increasing, To handle its business tho
baltimore & Ohio road was compelled
to build additional tracks and switches,
and is now putting the finishing touches
to its new yards, consisting OF eight
miles OF trackage, with accommodations
for over 800 cars. The coal and coke
business alone has increased six-iold
since 1887, and where before but one
yard engine was needed to do the
switching work, and then not always
employed, three are now required, and
those kept constantly moving.
A new union depot is now a cor.
tainty. Master Of Way johnson was