The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1892-12-20

tNNlh XIX n - iii tAip " ANVAlblhi "a
WM'&5(i =, A|F He was found seated in
S@zsseSI 49, the comfortable office
: Ea@SIN@SS| in his store at the
SFfNW~ corner of Main and Oak
u %~r.>> streets last evening, in
conversation with Messrs. p. j. Ferguson and
J. +. Finney, picturing to them the events of
his trip and the prospects of the Ocean View
Railway and Willooghby Spit Hotel and Cot
tage Companies as (Oreshadowed by careful in
quiry and investigation, and the opinions of
prominent men well acquainted with Norfolk
and the surrounding country and business
interests there.
In answer to a query of the HERALD
reporter Mr.. Franey said, 81 have little to
give for publication concerning our projects,
save what is given by the Norfolk Neios and
Courier of Saturday last the day l left
Norfolk. While l was there / met Mr..
Christ, formerly of Williamsport. He and
others started the City National Bank in
Norfolk eight months ago with a capital of
100000. The deposits already amount to
100000. Mr. Christ says that the Ocean
View Railway which we have secured is
worth twice the amount we bought it for.
Every man l met, and men there have their
enemies as men here, but | found no man,
whether friend or enemy of the men who
owned the properties we have purchased, who
would say that we didn't have good in
vestment
"Col. Taylor, president of the Marine Bank
/ of Norfolk, also said that we have acquired
very valuable interests The men who pre-
viously controlled them, he said, were old
fogies who would not put out any money, as
they already had plenty and did not care to
speculate
! Our deal is permanently closed and the ad-
vance money has been paid on it. As soon
as the title to the property is established it
will be transferred to US.
Eve are already making arrangements to
make contracts for building the electric road
building and making all other arrangements
for the transportation of half million people
for three months from the 1st of April. next,
and two months after that we will have a
summer traffic which cannot be estimated at
this time, 1t was $4,000 last year, but the
btANNAlhB lrlJAllhlto were very Cfuue.
"a number of competent mechanics are
being secured for putting up pavilions, bath
houses and other buildings. The plans and
specifications were ordered on Saturday.
Steamboat facilities will be arranged for
frequent trips between Willoughby Spit and
Old Point Comfort distance of two miles.
The Iron Steamboat Company, of New York,
will furnish the crafts"
The information given by the Norfolk Nslps
and Courier referred to by Mr.. Franey, is as
follows:
Ocean View has always been popular
seaside resort for Norfolk and Portsmouth
people and also for Richmond's outing parties
and summer tourists. Situated as it is COM
manding view of Chesapeake Bay, the
ocean between Capes Henry and Charles, 4
Hampton Roads and the entrance to the /
Elizabeth Nansemond and James rivers, with
Willoughby Spit as a continuation of ITSELF |
holding the waters of Back Bay in its arm;
with fine view of Newport New, Hampton,
Old Point, the Rip Raps and the numerous
sights around its shores, it is the ideal summer
resort and unequalled in its situation among /
the watering places Of the Atlantic coast
Notwithstanding the ordinary equipment I
Of che railroad from Norfoll, to this point, and
other drawbacks, it has steadily gained in
favor among the summer boarding class OF
tourists and lacked only competent, cap
italized ownership with advanced ideas to
make it the greatest resort of the South
This needed force has appeared, and through
the skillful handling and engineering Of Mr..
W. A. Young the deal has been made that
transfers Ocean View Hotel and railroad,
with a large slice of Willoughby Spit, to a
Northern syndicate for 100000.
Mr.. Franey, of Shenandoah, Pa, is the
acting principal in this deal, which was
yesterday friday and as the
parties buying mean business they state at
'nee what they intend to do. And first
The Ocean View railroad will be put in first
'lass condition to Willoughby Spit equipping
I for big business. Willoughby Spit win
% laid out and sold in town lots, and a hotel
will be built and furnished at once for spring
occupancy This will be commodious and
elegant as it is intended to FIJI it at the time
II the Naval Rendezvous and conduct it then
IS to bid for like filling yearly. Cottages
will be built as a nucleus for the future town,
or this next summers occupancy.
From Norfolk to the Spit fare will be
edueed to 10 cents and ferry line put on
'etween the Spit and Old Point, with modern
md elegant ferry steamers, making quick
rips. Ocean View property will be inn
'roved and Mr. Franey confidently expects
hat all the shore from the View to the city
will eventually be built up That part from
he hotel to Willoughby Spit, in the very
lear future. No other place has the adyan-
ages that Ocean View possesses, and the ,
advantages to Norfolk Of this deal is not %