The times. [volume] (Richmond, Va.) 1890-1903, 1892-02-14
AUTHORIZED CAPLIAL, $SVU,UUU.
SHAR ES 800 EACH.


! stock Of the corporation Of 100000.
Every dollar Of tins increase IS 10 he eN-
pended IN adding 20 tho already magnlicent
iaclItes OF the plant for building the largest
sea going craft. This company has already eN-
cniet mere some S3.51o'uW. me Try aqch ant
shlp-yard investment IS an evidence Of the con-
nlence OF northern capital IN Ntw.oft NeNs-a
confidence SO Tar fully 1ustined- ana thcFe u
warrant Tor tho assertion that the milllons or
/ Norihefn money already placed mere I, only an
earnest of what is 10 follow. The shops Of the
p.ant-a score IN number ana covering acres
give employment To- q high class or skilled me-
J cu0nlc.. and all such readily find work at wages
winch make them contentet, and consequently
l~uculcate q desire 20 become property owners.
What with the additional equipment 90 bc put
prominence Of Newport News a. q coaling sta
ton. and q the same time 2 touching point for
repairs. AMI the inauguration of q great trans
] atlantic line OF steamships, supplemental 10 the
lines already established. II - not questioned
| that tile lry-Dock and ohlp-lari tOmpanF WILL
| sOOu number it, nauds Dos thousands. over and
above Tins enterprise there are q large number
| OF other industries here. amt tine distribution Ok
wage money no Newport News is greater than IN
any city fits size ln The country. This dlstrl-
button is % regular and continuously increasing
factor of The prosperity OF che place.
BEAUTIFUL LOCATION.
Tho demand for new houses i'm order 20 meet
the srOwtn Of population or the place has been
| something almost phenomenal Indeed, the eni-
| rly has never been equal 10 The demand, ana n
Wow of the eNlgencleS or the situation and tho
! iII|A.n MIINNAN Ufl'lANn AAAA N'NI "NNNA'H s
( the Newport News building Company was Oh
g0uiIod. Ihe cOmpanys property is situated On
| q beautiful ulateau overlooking Hampton Roads
and tetweon Newport. News AMI hampton.
| Every lot in 10 ommGnd a sweep OF the park
| ling Roads. and ast O health and scenery and ac-
cess tO the great cities OF the country possesses
ali the advantages of that celebrated watering
Place, Old lont Comfort, which is only a Few
miles distant. IL is IN the natural extension OF
both Hampton and Newport New. being within
a few minutes rlte boy electric cars of the lusl-
ness centres OF both places. yet far enough re-
moved TO be quiet and parlake II the attractions
of suburban residence. The Chesapeake and
Ohio railroad runs near 10. the electric rallWaY
lines connecting Newport News. Hampton and
ola Point is not five blocks from any lot in the
plat. and from each villa and cottage site there
is q fascinating panorama spread out IL can 30
confidently asserted that no PROF. erty IN tho
whole Newport News section is moro desirable
for residence purposes. a 10 Is directly IN tho
| line of all the fashionable and substantial deyel-
Opment now attracting SO much attention 10 tho
new city by the sen. Its situation is such that 10
must partake OF al the benellls OF th3 progress
of Newport News.
SOLID AND ATTRACTIVE INVESTMENT.
The plat has been secured by the company NJ
a cOmparatively low figure. tine prices having
been agreed upon before the recent advance, IN
! real e.tafe and before several Steps were taken
bv large interests here which arc destined %
! give. and indeed ere already giving n renewed
! impetus 10 Newport News progress and cXpan-
sion. 10 is therefore believed, amt the belief ~
based on grounds that appeal 10 the sagaclty OF
| businessmen. that the company VIII not ONLY
mako money, but make 70 rapidly and 10 a large
amount. The scheme they present II solid. at.
tractive. and financially safe, and the affairs OF
| H. comuanv are managed by conservative, re-
snonsiDle husiness-men. Such Is the absolute
necessity for homes az Newport News that Wtrs
.boro a house on every lot owned by the Newport
[Sws Building Company IL would hnd = pur-
! chaser or 4 tenant.
monthly TNSTALNENrS.
Houses built hy the company VIII hesold upon
800 monthly nstalments or otherwise, thus
| o4ering an opportunity for investment 20 tho
man of moderate means as well as 70 the capl
talist.
FOR further information apply 70