The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-04
THE BIG PAPER
AND PULP MILL.
Work viii Be Commenced as Soon as
Possible.
GOO THING FOR RICHMOND,
The New Railroad Enterprise, Too
Will be Built To- This City - No
Trouble Found in Getting the
Necessary Loans.
GOO THING FOR RICHMOND,

That the proposed big paper and pulp
mill will be a reality there can no longer
be any doubt. This Will be one of the
biggest enterprises which has been work
ed up i'm Richmond for many a day. and
the gentlemen who were instrumental in
starting the movement and pushing il
through despite the difficulties involved
deserve great deal Of credit for their
enterprise and business ability.
A representative Of the Valentine syn
dicate which purchased the Haxall Mills
property as a site for the new factory
has gone to New York to look into tho
! arrangements 10 commence operations.
The OLD building is to be RACED to the
ground and tho new one is to be built OF
steel and cement.
The leases on the property now held
will not expire inside Of ninety days. For
this reason possession cannot be taken by
the new owners Of the property until az
ter the expiration OF that time At the
end of these leases. however work for
the construction OF the big mill will be
promptly comm Cnced. i large quantity
of the bricks In the old building can DO
utilized fer the new. There is a good deal
Of old machinery in the mills now when
win be scld as junk mostly.
A LARGE PLANT.
The new building for which plans ere
now being drawn by New York architects
who make a speciality Of this kind OF
construction, will front 700 feet on tho
EttfII mill Ia tryn
stories high and will be a modern struc-
ture Of the most approved plans. The
latest and best machinery Will be sup
plieG and employment will be given TO
from 300 TO 500 operatives both male and
female Nearly all Of these will be local
people. All the work so far as consistent
with the interests OF those financially con.
! ccrntd viii be given to local people.
The capacity Of the mills will be about
forty tons OF paper and pulp day. only
blotting paper will be made. Most Of the
bonds are owned By New York capital
lists. small part being owned IN Rich
! mond Mesars. r. II. Harrison, Fairfax
Christian and Henry l. Valentine VIII
build the mill, and It IS expected they
viii manage it al this end 0f the line.
There Is every reason to Believe that
such an enterprise will prove paying in
little help to the city from a business
; standpoint
NEW RAILROAD COMING.
While the plans for the construction 81
this mill are being perfected those who
are Interested i'm bringing the Richmond.
Petersburg and Carolina railway here ara
steadily pushing forward this scheme,
and there IS every reason TO believe the
new road will be brought 10 this city
Mr. W. NJ Hablston. who Is identified
with the new road Is now IN New York
I'm the interests OF the scheme. The re-
ports that there was a hitch I'm the ne
gotia,ions FOR the loans needed which
might result In the temporary Gripping OF
the plans 10 build the road n not the
permanent failure Of the new scheme
are not credited here by we'll known
ninanciers who are believed 10 be In "A
position 10 know. was told last night
by a well known business man who has
a knowledge OF what f. being done In
reference 10 the enterprise that there was
no difficulty whatever I'm securing the
necessary loans. that all OF that part Of
the plan had been perfected. and that
the road would certainly come TO Rich
mond. and that not far in the future
Some OF these matters will probably be
brought before the Board OF Directors at
their meeting to-day. The affairs OF the
company are said 90 be I'm very encour-
aging shape and II is expected that the
balance OF the work on the road will DO
pushed forward "a rapidly as possible.