The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1906-01-11


ENTERPRISES.
There are few in Virginia who
,s!u disuutc Sic proposition that
the state should not engage III any
busino Which an be cone better
or ,Quaiy as wei by private indi-
ysfpalS- That this business OF /
guaranteeing titles can DC handled
hv private enterprise IS demon
Siratlf by the fact that nearly
every large cit. "a the Union has
ono or more Land Title Companies
which are doing good business
and arc doing Il 20 tn entire salts /
faction Oh their customers. In
some states these companies ex-
tcr. tacir operations 10 country /
lands rs well as city properties
I These companies may not operate
in small towns of Virginia at pres
cnt. but they arc gradually extend
mo the sphere OF their operations
10 The sma I towns, and | have ne
doubt nut that ere long II will be
AS casr 70 obtain a guarantee OF
titlc III any of our small towns as
IN the CITY of Richmond.
Nil be answered.. however.
that these companies do not ope-
. rate i'm this country, and especially
thut they do not operate IN the
mountain regions OF Southwest
VIRGINIA. Why is this' IL IS sim
I, plv because the titles IN the noun
F, tam regions are TOO uncertain, ana
because the FARMING regions where
titles arc unsettled transfers OF
:, roDcrfv do not occur often enough
=, 20 make the business prohitaole.
7. II Is absolutely certain that the
connection OF modern life, which
!. Is putting forth feclcrs in every di-
rcction seeking out new paths and
u new channels OF profitable invest
mcnt and enterprise, VIII. as soor
as the business becomes profitable
result in guarantee companies OPP
. Grating in every section or I'M
! State. and further certain Will O.
. this business more economicall.
and better for the whole pcopl
> than the state can possibly do IT.
10 The i orrens Bill would, never
- tho less, put the State into IN
> the business of guaranteeing title
all over tho State. IN the farm SCI
t,ous rs well rs III the cities, III IN
y noun aims as we'll rs in the Vale
{" of Virginia. Fools rush in whcI
&c angels fear TO tread. No sensib
j" man would undertake to- guarants
~ titles in southwest Virginia. IL >
i individual should attempt this. v
g ALL would, doubtless, stand by ar
let him pay COR his folly. But Il
,on advocates OF the Torrens Bill a
w not attempting this as individual
Al They arc seeking TO make G
'a Stale r1lsh in where angels re
.H' TO tread. Viii VIC. the State.
- thus pushed in to draw their che'
ao nuts vut of iirel think not.
. ~ we will beforehand give due &C
'"e si,ieratiom To the danger of Setti
- our fingers burnt.
Ises Nj.
II THE FACILITIES WHO
'nt. TIE BILl. GIVES THE RE
lore RESI- NTATlNES OF TT
hiie STATE TO CONDUCT TT
i IS III siNESS ARE WHOLLY
M ADEQUATE.
The examiners OF titlc &c To
for their services. one tenth
ave per crns~n of the value Of
arc land lrsssage and $1,000. l
arc trac; -. and were worthS5 900
can the OK miner would receive 81
plus $1,000. equal $500
len xssd lawyer can afford to exam
n tn a tisic in 4 country where titles
! Vi uasS tied for any such sum.
.iniv the western States where U
ank. err but fcw adverse claims TO Ia
roor ard where the County Court !
;ndi- cex ere really abstracts, till