The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1895-01-01

county has just been erected at 6
cost OF SGT, 600, and new market
louise and an Armoty costing $50,
| UJo, aud new fire engine house is
just completed at n cost oil $4,000
A hospital will probably be erected
on the old Jail site II the near future.
Its finest business structures are
the kirn, Brandt, Peed. Crawford.
Market Culpepper and Lindsey
blocks. It's .costliest residences are
thoseIof John II. Hume, JOS, A.
| Parker. Mrs. Beverly Armistead,
Jos. A. Biljsoly, Admiral Brinkley,
John Mahoney, William II. Peters.
Il. II. Owens, a. III. Lindsay, John
o. Emmerson. q. s. Sherwood, Ed
ward Powell and John l.. Watson.
Tho building of an electric line
is now agitated. In the cen.
tire of tho city is an orna-
mental shaft of granite fifty five feet
high, erected by the city to the
memory Of its Confederate dend.
Portsmouth has two street rail.
roads, altogether six miles long.
The ferries connecting il with Nor.
folk md Berkeley are owned jointly
by the city and Norfolk county.
Fine bonts, making fifteen minute
trips, are provided by the lessees
of this ferry, who pay an annual
rental of $4,000 for the privilege.
INDUSTRIES.
Portsmouth is the terminus of
three trunk lines = the Seaboard
Air Line, the Norfolk and Carolina,
and the Atlantic and Danville rail
road. The former have made ex-
tensye improvements during the
past four years, spending over $3.50.
000 in building aud enlarping docks
and yards. 1t is now building o
handsome union passenger depot
that will cost, when completed,
about So, 900, aud will be one of the
best equipped in the South.
The general Offices and shops of
this company nro located in this
city,, The Atlantic and Danville rail
rond have also their general offices
and repair shops located here. 1t is
probable the passenger trains of the
Atlantic aud Danvillo and Norfolk
and Carolina railroad will come In
the Union passenger depot of the
ALI 1IIlC MhSI u.
BANKS.
Three banks furnish the business
community with the sinews of trade.
The Bank of Portsmouth organized
In 1867, can lay claim to being the
oldest bank in the Twin Cities by
the Sea-" Il has done successful
business since its organization. Mr..
JOS. l.. Bilisoly, the present cashier,
was elected il October, 1889. Shortly
after the capital stock was increased
to 100000, aud its business las
doubled in past four years.
It's average deposits during the
past four months have been 500, 900
and i'll addition to Its capital stock
OF 100000. has surplus and Judi
vided profits amounting to $4,000.
The officers are: Judge l.. Il.
Watts. president; Jos. Il. Bilsolv,
cashier. Directors: w V II VIII,
liams, Il n Wilcox, Goodrich Hut.
ton; George Il. Neville, Thomns
Scott, Edward Alahoney, Jos. +.
Weaver.
MERCHANTS AND FARMERS BANK.
The Merchants and Farmers
Bank was organized in 1855, with a
capital of SOL. 500. The success of
this institution is shown by its sur
plus and undivided profits, which
now amount to So, 900. The aver.
age deposits for the pnst six months
have been $40, 900. It's officers are
John Il. Griffin, president; Jas. III.
Toomer, cashier; W. G.. Maupiu,
assistant cashier. Directors-Jo los.
A. Parker, Henry Kim, Is. ii. Ow-
ems, w. b. Carney. Jas. Il. Borum,
Geo. Il. Neville, II. q. Marshall, 4.
j. Barlow, John l.. Thomas. John
s. Crawford,
This bank las just declared "a
per cent seml-annual dividend.
THE PEOPLES BANK,
The Peoples Bank was organized
nearly two years since. aud has a
handsome building of its own, Its
capital is $50, 900; surplus and un-
divided profits. $4,000; average
deposits for the past SIX months
have been $3.50, 900. This bank paid
dividends on its stock the first year
OF lts organization, and a criterion
| OF It's success IL shown in the market
value of its stock, which is quoted
to day at $ll0 per share of SlO0.
Oilicers-John II. Hume, presi.
dent; A. 3. Butt, cashier. Direc
tors-J. i. Crocker, DR.. c. l..
Cuipepper, NJ. ID. Eastwood, John
Y. KING, Charles a. McLain, +. ID.
Gill, Charles Il. Nash.
PORTSMOUTH INSURANCE COMPANY.
The Portsmouth Insurance Com.
pany is the oldest home insurance
company IN Eastern Virginia. 1t
was organized i'll 1852. It's capital
Stnni- 10. 900 nnn