The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1909-05-04
THE STABILITY OF
FAIRMOAT REAL ESTATE
An EXAMPLE, OE WONDERFUL
lHGaEkSE N VALUES

No person has ever lost money on
Fairmont Real Estate. THERE'S AZ
REASON" You can't lose The de.
velopment OF this coaI field Is still N
It's infancy. The growth In population
Is only fairly begun. This is not only
true Of Fairmont, but OF West Virginia
as a whole. Fairmont realty values
have weathered the panic and are
emerging from the legarthy o. anRn.
cial depression to greet the return Of
industrial prosperity having taken no
backward step.
Falrnont, with its billions Of tons OF
coal yet unmined, awaiting the pick,
endless supply Of natural gas, oil, Its
slack water navigation, its traction
lines, It's railroad facilihes-all Of
which make 1t the most desirable 10
cation for the steel mills and other
factories-is destined to meet the ex-
p%ectatons Of its most optimistic citi.
zens.
Fairmont, with a population Of
$4,000, has a water supply not equaled
by any town In the State, a nine foot
pool standing for five miles. The long
and continued drought Of the last year
did not materially lessen our supply.
Our city has a modern system Of !
sand filtered waterrfor domestic pur-
poses, with a reservoir OF 21,000,O00
gallons capacity. Fairmont leads In
natural gas for fuel, the worlds lux
ury for light and heat supplied cheap.
er than wood for the cabin Of the pine
forest or coal at the mouth OF the
mine. Fairmont is supplied with
gas for domestic purposes at IA
cents per thousand cubic feet, and at
5 cents per thousand cubic feet to the
manufacturers from a 1000 acre field!
with a daily capacity Of 10000 900 @ il
bic feet and a probable lie of 80
years.
II you go back for fifteen e you
can see Fairmont a little town OF two
or three thousand people.
You remember a number of aggres.
sive men forming a company to buy
a tract Of land stretching south from
FairmOnt consisting OF about 300 acres
covered with ravines, brzars and
bushes. These men said Eairmont
would make a good town; that we
ought to manufacture products here
n build up a desirable residence sub. 4
urb. They bought land and began i'm.
provements. The first thing they had
to do was to advance money 10 nc.
qu1re railroad facilities by construct
ing the Belt Line for a mile In length.
linen It became necessary for these
men and thelr associates to invest IN
manufacturing enterprises, 60 build q
bridge spanning Coal Run hollow at
a tremendous cost.
The people generally looked upon
the Development as a reckless expen.
dlture OF money. The chock stones
70 progress were in their midst.
These men had faith IN the r~esonrces
of Falrmont and in themselves. They
Laid on Fairmont avenue a distance Of
5000 feet through their property n
began to improve the street. At A.
public sale Of lots In 1885, an effort
was made to dispose OF their property
Farmers came to town for the sale.
They said the lots were too high and
would NOT buy. The history of The
growth and development Of Fairmont
avenue for the past fifteen years only
serves as an index to the tremendona
growth OF the entire community m
mas Deen one OF continuous growth
until there Is now two and one-half
mll!on dollars worth Of property on
tne avenue. Lots have advanced from
almost nothing in price to a value Of
300 per front foot averaging sT5 *
$500 dollars per front foot for the an.
tire frontage. which Is ornamented
with 50 residences and buildings, each
representing an outlay FROM $4,000 n
100000.
Fairmont avenue property within
the memory Of every young man
has been developed from n ha-.
rem waste to the yalne Of two
and one-half millions on a soutbs.
ern stretch of less than a mile lots
that first sold for 300 and 1000 dollar
o sell for 5000 and 10. 900 dollar
opportunities are offered In Fair.
mont today. Fa1rmont's school sygtem
IS the best In the State You are lo-
Gated within n hours ride a. 4ba
University Of West Virginia. YoS
nave a State institution. the sNornais
oShOVAo duQ a CeQIFnl1
Hisa sehool for the future. The NAG
nifcent structures. the Y. NJ a a
and,the Masonic Temple, each repre.
sentns an investment Of almost
Sl6oVOO' are monuments o. your faiths
Inc magnifcent homes, banks mi
ONCE buildings are evidences 81 oar
taith In the future Of Fairmont ON
churches. strong in their numbers ana
representing every denomination. ORE
sided over by the ablest ministers \
me country, represent the charaotsr
Of our people. The government I'M
Iaith IN us. Our river Is 4mproyedS
Pittsburg by a system a loclos M
dams representing an e1penditure AZ
millions of dollars and the constrnc.
.on OF a magnificent FEDERAL build,ng
is about TO begin in our h1dst.
Street a lines alone now connaS,
Tairmont with 100000 people. Ns|
s InSs WI be built, and It is only
Win all the princinaI tny-. 49, -