The times. [volume] (Richmond, Va.) 1890-1903, 1901-11-24
CHINilIE F.ADlDEN
HAS STRUCK RI. OIL.
Noted Author Here to Form Viz
ginia Company.
FORTUNES. IN It, He /, THINKS.
Mr. Townsend, Author aud journalist, De.y;;
ins in.o Real businsss-iias Leased
Lands in Southwest OF
the oia.e.
FORTUNE. IN IT, HE THINKS

"Chinlmie Fadden'' has struck Oil.
= That Individual Wiiose genius lay in the
2 Eiving OF expression III an ideal way. 10
the gutter talk OF New York through an
imaginary boy OF the streets, the lnren-
tor OF '-wot ell is in Richmond in the
interes, OF what will probably De the
pioneer oil company of the state There
will be formed at once a corporation for
The DEVELOPMENT CT oil fields III the SOUTH
western part OF the State, through Mr..
Edward w. Townsend. the creator of
-.Chimnic F;tdGell."
Mr.. Townsend came to Virginia about
a week age. and has spent some tlire n
that part of TIE State wherein the Oh
I. fields are supposed 10 be. He has gone
over The ground carefully, being some
thing of an. expert IN oil as we'll as in The
manipulation of the Queens English, and
is convinced that fortunes are concealed
beneath the surface of the ground he has
looked over, waiting pipe TO gush into
the light of day. He has. embodied his
opinion in a report to the firm of Town
send, Reed and Company, of Chicago. the
head of which firm is his brother, Mr..
George Townsend. and yesterday he an
nounced that through counsel in this city
the necessary corporate 5stepS would be
taken Immediately
lNPIRJSN TO COME.
Just what sum OF money will be in
volved in this Development c, Tie Oil in
dustry In this state Is rs vet :, matter
of conjecture. Z alIowir;, Mr.. ChnLrnie
Fadden" Townsend experts will visit the
places he has looked over. and make fur
thcr investigations. With the throw
ing OF capital into the scheme Mir. Town
send is positive that Virginia will take
proper rank with other States in which
oil has been discovered. Speaking yes
tercay of the objects eof his visit to
Richmond AIR. Townsend said:
Il am in Richmond and Virginia part
lys on pleasure and partly on business.
AS a city wherein can be found a vast
deal Of pleasure will vouch for Rich
1nond. Its people ere the most hospitable
Z I have ever seen, and am more than de-
lighted with my impressions Of the city
and the State at large. l came here I
may say. for the express purpose how
ever, Of looking over some supposed oil
lands which my brother is interested in
down In Southwest Virginia. Before 1
left that part of the State 1 had looked
over these lands and found them so
promising that the formation of a cor
poration for their development will begin
at oLce in this city.
is AN ENGINEER.
1t may interest You to know that
IN a reputable professional was an en-
gineer-hence my mission here. L do not
know just what sum of money will be
involved in the, development of the oil
lands of the State. That ma tier Is en-
tirely in the hands of my brother in
Chicago. He Will be hede within few
weeks to go over that ] nave gone over.
Then a more definite announcement of
the plans will be made.
meanwhile viii say that ] have COM
pleted leases of certain lands for my
brother. anG Sc will probably be added
to. / do not care to say where they are
located because there are other people at
work on ztbe same idea and it might be
Mr. Townsend has been in Richmond
for a week during which time he has
been entertained at all the clubs Of the
city and has been made to feel the ctys
hospitality to the utmost Incidentally
to-day he remarked that "Chimmie Fad
dem would have few remarks to make
about Richmond within a short time
The opening of "small bots" by mfr
Paul" will probably be a feature of
this particular account.
While here Mr.. Townsend has been
stopping at RueGer's, where he was seen
yesterday. He paused long enough In his
|chronicing of the strange adventures of
the immortal 'Chimmie'' to pay his re-
aspects to the press. He expects to re-
turn to New York about Tuesday of this
week. Mr.. George Townsend, his broth
er, will be in Richmond within a month
to look after the details Of the new cor
poration.