The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-10-15
REAL ESTATE AND
BUILDING N { WIS
All the Agents Took
Days Off 1.-THE Great
Big Fair
FAIRL Y GOOD WEEK
ALONG ALL LINES
Many Plans Laid for Future
Good w k-The Much
Talked-of Real Estate Bank.
Facts as to the Same.
Farm Lands in
Demand.

are patriotic to the core. When the
state Fair management suggested to
the real estate fellows that it would.
or might be, good idea for them 20
practically suspend business during fair
week and turn right in and help out
the fair proposition they answered
aye quite unanimously. Naturally
they should. for we'll did the real es
tate men realize that big thing like
the State Fair is a big Iadyertisin,o.
proposition, especially for real estate.
when the same is located anywhere in
virginia, and more especially when the
ground to be sold or traded for or
invested in is within the corporate
limits of Richmond
Just Laying Plans.
me real estate men did not try to .
sell anything last week. They Just
attended the fair dolngs. took notes
and laid their plans for future con-
Querings of the whole world,
one OF the craft told me yesterday
morning that he doubted very much
II single sale had been made last
week. but" added he. .'the boys have
Dookeo whole lot of prospects for
the immediate future" He Went ON
to say that fair week has been good
thing for the boys and the old fell
lows. too. IT had been shown as ner
maps 1t was never before shown that
richmond is a hne town in which to
invest few dollars OF surplus saw
inss. This agent thinks the impress
stons mace during fair week as to the
accessibility OF investing in Richmond
dirt We're altogether favorable
nevertheless. there were agents who
mao an eye open to immediate business.
and 1 have heard of several sales that
were made last week, footing up mora
rhan quarter OF million dollars
ihese sales vary from the little home
/.
OF suburban dirt to an Investment in
big manufacturing site in South
Richmond. In the latter deal IL ia
said that two or three Richmond
agents have showing at the commits
sions, but Adamson & Company, of the
Souehsioe' have perhaps the biggest
The Real Estate Bank.
Ihere has been a good deal OF tall,
within recent weeks about the real es-
tate mon putting up a bank of their
own. 1 do not think the real estate
men have any great complaints to
make of the banks as they now are
l was assured yesterday by one of the
biggest realty dealers in the CITY that
the real estate men. as body, had no
complaints to make of the banks and
their manner of doing business with
the real estate men. The fact Is thar
new bank is soon to be established 4
and 1t is further fact that real es
tate men are very largely interested
IN rhe new bank. All of the talk
about the real estate men as a hodv
having grudge against the present
banks Is all poppycock This Is my
information from leaders in the new
bank proposition.
1 asked one OF the men who is large
~ interested in the establishment Of
new bank for some information about
the rumors afoat He said that 1t was
true as rumored, that a savings hank
and trust company Is being organized,
the capital of which Is to be not less
than s25o.0oo. It Is understood that
II. X. Pollard, Jr.. ts the prime mover
In the organization OF the new bank.
and yesterday he was asked about II
Mr.. Pollard confirmed the report and
said that already 100000 of the stock
had been subscribed and that parties
had spoken for the remaining $50 0oo
1t has been the object OF the parties
organizing the bank to scatter the
stock as much as possible and have
large number OF stockholders For
this reason any parties who wish to
take stock in the bank in the next
three or four days can do so.
The bank VIII do general banking
business and will push especially its
savings department 1t also proposes
to do trust company business In all
of its branches.
The bank will be located either on
Eleventh and Main Streets, where the
old National Bank of Virginia is now,
or at Tenth and Main. the building in
which the Virginia Trust Company has
been for number of years.
The general Impression is that n. r
Pollard. Jr.. will be elected president.
However. this is just surmise The
stockholders will meet whiting the
next ten days to elect the directors
and other officers. and they may have
a different tale TO tell.
Farm Lands In Active Demand.
The state Fair brought lot OF yisi-
tors TO the city. among them not
few farmers from the wild and woody
West and from the cold regions Of
the North who have been reading in
the Industrial Section about the cheap
er lands in Virginie and the salubri-
Gus climate, These people were not
slow to find out about the big farm
exhibits in all OF the counties THAT
showed up in the Farm Products"
building. and the real estate agents
who make a speciality of Virginia
farm lands were not slow to find out
about these visitors from the cycIonic
Western regions and the frosty hills
of the far North, / hear that not less
than twenty farms were sold during
fair week By the wlde-awake agents
and engagements were made with not
less than forty Westerners to look at
old virginia's farm lands within tho
next two months. W5 4
The agents who handle suburban lots
and homes and houses had rather
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