The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-02-20


Contemplated aud Very Lively Sea-
son Anticipated During tho Coming
Spring and Summer-vigorous and In
telligent Management Insuring IL
Bright Future for the Property.
Those who travel by way OF the
dummy line between Roanoke and
Salem have observed about half way
between these two cities quito 4 busy
spot called "Washington Heights"
Something is always going on at this
place and so unaccustomed are tho
natives to seeing suburban towns spring
up that it was for g time quito tho
thing to joke about ''Tho Heights" as
the dummy passed rapidly through or
stopped to let off or take on passenger.
Now, however, the laugh is turned and
when these same people pass they look
wise AMI say, "By George, l never
thought it!' But this illustrates what
determined purpose will do coupled
with good selection and judcous man.
agemenJ.
Q THE WASHINGTON CLUB LAND co.
Is building this village AID, Judging the
future by the past, ono would not DO far
wrong in prcdic ting tho clustering Of
over hundred houses in this village
during tho coming year. Tho company
owns over q hundred acres Of land on
either side of tho dummy track and
some of tho most attractive building
lots between tho two cities may be
found hero. The management has eX-
ercised good judgment in the erection
OF houses, making neat and substantial
dwellings costing from 5000 to 81 600
The greater number OF these houses
have been built by the company, though
several have been erected by the own.
ers OF lots.
There are two manufacturing plants
on this property, carpet factory and a
chair factory, the two giving employ
ment to between thirty and forty men,
it thus being apparent that more houses
are needed and as tho capacity of the
factories is increased moro houses will
be cree ted.
The chair factory may, in short
time, have added to its present equip
ment machinery for the manufacture o.
trunks, and as the carpet factory pro-
duces substantial and attracti grade
OF carpet, it may be readily seen that
WASHINGTON HEIGHTS
is not depen1 dent upon either Of the two
cities for its Development, but has a plan
Gifts own, consequently being column
of its own height"
OSuburban villages generally depend
for their maintenance upon the city,
many of the laboring classes living in
the village and working in the city, and
while Washington Heights offers supe-
rior advantages as q semi-country resi-
dence sec lion and will undoubtedly in
time attract many of those who tire of
city life and pent-up homes, yet owing
to the self sustaining features of this
enterprise, we find none questioning tn o
complete success of tho Undertaking,
and its stock bears q good value, it's
credit being Al.
Water works have been established
and the company is ready to servo resi-
dents with water at o low charge.
There is also contemplated tho estal-
lishment of an electric light plant,
though tho streets arc at present made
quite cheerful at night by means of
lamps.
There has been q postolIice es5ab-
lished, also general store for the &C
com mediation OF the rosidents-in fact
it is plain that nothing is being left un-
done to insure success.
President S. A. Wetzler deserves moro
than passing notice for his thorough
work and careful personal supervision
OF the operations Of the company.
POLICY OF TIE COMPANY.
The capital stock of the company is
fully paid and non assessablo, and a
dividend of per cont. has been de.
clared Upon capitalization of $50
600, with such valuable assets and con
sentative management one would nat
urally look for larger dividends but til @
policy of the com pany is rather to ap-
propriate it's surplus to betterment than
to dissipate its earnings in cash divi-
dends among its stockholders This
course is but just to tho owners of lots,
and in the end the stock, which repre-
sents the unsold lots and improvements,
will reap much richer reward.
So we see Residences, Stores, Fac.
tories, Water Works, Street Improve
oay,to