The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-07-30
Halifax Metropolis Located in Heart of Prosperous obaccos
Section and Handles Vast Quantities OF
-.. Bright Weed
ILLION POUNDS WERE SOLD
DURING THE YEAR JUST ENDED
Citizens Display Much Thrift and Energy Building Up Place
Ravaged by Flames Few Years Manufacturing
Plants Busy and General Conditions Highly
Graft flying

oughfare, Is lined on each side with
stores that cater mostly 10 rerAttgS
trade in the town and country. The
street Is paved with cobble storcns
throughout the business section. C<~A
ment sidewalks afford a. comfortAbl1s
means OF locomotio nfor pedeAtriants
not only along Main street, bur alonuz
the leading residential thorousitfarafAas
The business of South Boston In
transacted through the medium Ct fiyaa
banking institutions, with comb1nNd4
capital of nearl va quarter Of mtilt0t3a
dollars and with deposits aggreg1rtnAR
a million and half dollars in the bunx
season. These institutions are Bnnk
of South Boston, capital $4,000. SUIT
plus and profits 1000. depoe3kAl
$4,000; First National Bank. cApit4&Z
$50 geo. surplus and profits ss.tuxS
deposits 5000. oo0; Boston NatiOnAk
capital $4,000, surplus and pr0ii&
$500, deposits $120. 600: Planse&~
and Merchants National, taptr2&
100000, surplus and profits $63.00N%I
deposits s39S, coo; Savings Bank, cAr<@
tai $40, 600. surplus and profits s1.aQe&a
deposits 100000.
Banks Pay Per Gent. a
All of the banks pay 4 per cent. az1A
deposits They are looking for II K&sx%
, cord breaking season, the coming fAlls8A
despite decline of stocks in New ioetS3
and other signs OF depression thai a1NS
feet South Boston not in the least
Property values in South RQ1kGi
have increased three-fold in this l13&
decade, To-day the personal prOp1xI&
and realty is valued at $4,000, 600. 111H
town<ta xrate is only So cents On 4ll9$
500, while the State and county n r
SIS cents. making total rate Of en1z
! $1.40. which is considerably beloaMS
that of many other progressive cita~M2
and towns. The bonded debt Is $1013
eco. u sssz
When South Boston was swept Nz
fire its citizens went to work WIN
redoubied energy. building a nNN
town in place OF the old. To-dAyU
modern high pressure pump syat1
/ with duplicate steam and ei0Et&
pumps, stands as one Of the m0W1
ments to their neVer-say-die Apt<l
The Dan river. which runs atonEof
the town, supplies the water Tor
system. An upto-date fire dAp0x
ment, with modern equipment. A.
other direct result of the destrnc&
( flames. Still another result =
new building code. which alloN1H
+ frame structures IN the business
trict.
These improvements meet every
quirement OF the southeastern HM
Association, and affords the t0sEI
I FIRE rate enjoyed By only the TT
modern and up-to-date cities. M
Proud of New school. sS
j or no institution within its i3x
is South Boston prouder than III
$26,0Q0 fourteen room school p
ing, which has been pronoancNd
finest OF its kind in the State-
located In the center of a two aex1
and was erected with funds pr0G4
/ from a special bond issue whtcN
local banks agreed to take cara
less than an hours time afta&
result of the election was procbS
Mr.. H. j. Watkins. assistant
of the Bank of South Bostons
second honor man at Hampde4
ney In 1870, was largely rean0
for the awakening OF interest 5n
4 lie schools on the part OF tho ca
Mr.. awtkins, an9expesfenEedAA a
from the adjoining county
Eiotte. has been q resident oks
Boston for twenty yesrA aud ~