The times. [volume] (Richmond, Va.) 1890-1903, 1892-02-07

The Nowoort News Building Compeny duly
incorporated under the laws OF me state or klf-
sinia, has secured three hun..ret .eal,iiu.
residence lots % Newport News ior mo uurio7e
OF erecting buildings thereon and otherwise lm-
proving tho property
FINANCIAL PLAN.
The financial plan Of tho company Is as fol
lows: HE capital stock "a 10 De 9JflUJV, OLE
ter when go per share shall have been PAID on
zach share Of stock no turtne assessmon-s WIZ
De made and iull-paid certlr Gates Will be issued
rbe 1aynonts f6r took are 20 De as follows:
5000 Der share upon dare Of subscription.
$500 per share lu one month.
500 Der .ha e I'D TWO months,
$500 Der share ODD three months.
500 yer share u four months.
500 yer 81 % ln SIX months.
500 per sh-re I'D eignt months.
300 per share i'm ten months.
$500 Ter share ln twelve months.
$500 uer share in fourteen months.
$500 per share IN siyfeenmonhs.
$500 per share ln eighteen months.
Building cOmnanies doing business upon thiS
rlan have paid dividends ranging from j. 20
~ yer cent. Ier aunum. 10 Is confidently De-
favel that with the superior advantages pos
sessed by this company u can 20 e4u-i-y ''
"s'' REDEMPTION OF STOCK.
stock. when fully pa.d in accor ance IN this
ff1,uectus. VII be- received D} the company III
paymen. for houses or 1915 az 500 per sHsie
a y
same HISTORY AND SITUATION.
N-s,v,ort New. is tho deep-water terminus Of
the Chesapeake and ONO ia way oysieini
which. after cutting through flcn aflcull ul 81
section penetr0tes great ana 0eFelOphg mlii-
20 L0rilone ~ Virginia ami West Virginia. d.
yillc. the immense coal belt OF the after state.
and connects wI IN 9 raiulhca ION OF lansporta-
ZION lines extending 20 the Northwest. the Flli
of Mexico ana the Pacific slope 10 is the coun-
tv seas of Warwick county. the centre OF an ear
II trncring re zion. q natural port on Hampton
Ioats and a naruOr o. refuge that would iOat
fhe uagies of tile world Its geographlcal sltua-
zion il such that It's waters never freeze. lcf 10
a far enough north 20 escape the ePldemlcs 20
which the more southern ports are ina ,le. and
close enough 10 the Gull stream 70 haFc its
.trnosnhare tempered IN the most rigorous
rgeatber. tins giving II commercial ana resi-
denf-el advantage Of great moment winter and
POPULATION.
Although hut lode over decade Old New
ro~t News has s. population or nearly eight
.bo~send souIs who constitute most suDstan-
tifland permanent citizen mp u mas Us
Iotels its schools. lanks, Is cnurches. Jus heHe-
Hcisl orders a we.l-organifed inilt"Iy com
-, a thriving retail trade. and other
features such as are Iolhd u7HsI5 III Altch
al ier communities me clts, ~lsy
,'rn,i1ed with electric hgAts anu street car
- thcre /. now I'D pIo-ress OF cOnsiruc-
49,, r.'sargO.r which VIII supply III from lliluS
.rri9rs sith an abundance OF water Tor drink
49, and domestic purposes. u It"' 10. me"
withn itself conservative society suc :, a, is
.i-,e 49," 49, F,,r',a- and has thereby removed the
cl,,cf oiiecfion 70 new towns that which comes
from a floating popuiation n.
ENTERPRISES.
,sida from the great wharyes and piers the
grain elevator and tho yards o. the O ~ "a
ptaA. ~ men and in addition O. rs immense
ttin, w. interests. giving burden 20 steam nap
f lne. 70 the south the East brakl anI al the
tran.-l i,. lock aud ship-huiillng plant IN
H.. r.,,,,, That this enterprise is rot an eH-
ihe NDi ia G,m0nstrafcd b. the fact that
letini Ia. ius. pas ell ihe virginia legs,
1a.nr1 AUTHORIZING an increase "l INC cai4'S'