The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1892-08-10
TAZEWELL.
The Board of Supervisors Have Deter
mined to Improve the County Roads.
Spccfal Observation-Disclosures, ~ ~, =,

The Board of Supervisors Have Deter
mined to Improve the County Roads.
Special Correspondence of The TINES
49, ,TAzEwELL, VA, Aug. 0.
The county has, after much discussion,
awakened to the necessity OF good roads,
and the board of supervisors have lately
decided to expend the sum OF sec, 1000, at
the rate OF 900 per year for five years,
for the purpose of building new roads
and keeping up and improving the ones
already in use. To this end they have
issued Tazewell county bonds to the
amount of $4,000, the instalment for
the year 1892. These were at once taken
| by the Clinch Valley Bank, at this place,
at par. Several other banks bid for
them and some offers were made by
| brokers, but the lowest offers were from
| ~ per cent. to 3 per cent. discount. The
bonds bear per cent. interest, and this,
with the confidence of the bank officials
in the financial soundness of the county,
| seems to have been sufficient induce.
ment for the purchase. The county is
out of debt. has money in the treasury
and is withal one of the richest in the
State.
being the Bank of Tazewell, which
opened business in October, 1887, with
a capital OF S127, 600. Col. A. j. Nav
was its first president and Geo. w. Gil
lespie its first cashier, and these officers
have never been changed. The other,
the Clinch Valley Bank, is the same
which placed the bonds spoken of above.
1t was founded in tho fall of 1880, with
capital stock of 100000, which is con-
stantly being increased. Its officers
are: s. c. Graham, president; S. w.
Stras, vice. president and Henry Pres
ton, cashier. The business OF this bank
has grown rapidly from the very start.
Its officers are men of sound business
principles, and it has never had any
thing in the nature OF lawsuit on it's
hands. A fit bank for county finan-
cially so solid as Tazewell.
The Tazewell Agricultural and Me-
chanical Society had business meeting
at this place Saturday last, to further
| arrangements for the annual fair to be
| held at Tazewell. 1t Is to commence on
| September 90 and run for four DAYS.
| This is one OF the Oldest of the half
dozen county fairs held in the State, and
for long time was in a flourishing con-
dition, but for few years past has been
| allowed to run down. This year, how.
| ever, under the able management of
Samuel Walton, of Roanoke, president;
DR.. j. r. Gildersleeve, secretary, and q
competent board of directors, it has
taken fresh start and bids fair to Guido
all previous efforts, and we can safely
promise pleasant time to all who may
attend. The country at this season OF
the year is we'll worth trip from Roa.
noke.
On the evening OF the 2Oth Of Sep.
tember the Clinch Valley Commandery,
A. F. and A. NJ, No. 20, will give q
ball and banquet in their new temple,
now in process Of construction, but tc
be completed before thattime. Several
hundred guests, we understand, are ex.
pected to attend. This will bring to.
gether quite an assembly. as there are
not less than 200 Masons resident here
This is one Of, If not the, largest chap.
ter in Southwest Virginia. A command
cry has lately been established and
now numbers about thirty knights This
ball is to be held on the evening of the
first day Of the fair in order that visi
tors may attend both on the same trip
|