The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-02
.LYNCHBURe PASSES
SUCCESSFUL YEAR
REAL ESTATE MEN REPORT THEY
HAVE DONE GOOD
BUSINESS.
NJ UGH Bull D1 N G.
EXCLUSIVE OF BIG CONTRACTS
FIGURES HIGHER THAN FOR PRE-
CEDISG fEAR-FEWER BANK
RUPTCY PETITIONS.

Lynchburg. Jan. ALTHOUGH busi-
ness generally during the past year
was not as prosperous as In previous
years, when the situation Is viewed as
whole. It appears that Lynchburg
has passed through a fairly successful
twelve months
Real estate men report that they
have done good business in 1914, and
they predict even better business in
1915. One of the largest real estate
dealers yesterday afternoon predicted
a boom In real estate In the spring OF
1915 He said that Lynchburg was
better prepared for development at
the present time than ever before. a.
more streets are paved. the street car
service better and there is general
trend toward developing the suburbs.
an average OF one house a week dur
ing the past year
building Permits.
Records at the office of the COM
missioner of revenue show that nearly,
as much building was done In Lynch
burg last year as in previous years,
and If the Peoples National Bank
building is excluded and the stores of
Mrs, Wall and J. r. Gillian. on Main
street, are included. money spent IN
building In 1914 is greater than that
spent in 1913.
In 1914. 2f0 building permits were
issued; in 1918. $50 permits: In 1912,
at permits, and in 1911. 214 permits.
In. 1914. $4,000 of taxable property
was erected In Lynchburg. and $40, eco
of nontaxable property. as against
s63T.9S0 exclusive of nontaxable prop
erty In 1913. 100000 of which was
the bank building.
In 1914, thirty-three new business
concerns were started in Lynchburg.
six lawyers located in the city. three
dentists opened Offices here and seven
! physicians established their practice
in Lynchburg Business concerns.
which started here last year. are ~
follows: Standard Motor Company,
e. T. Light & Company, c. 8. Pugh,
grocer: NJ. Miller. shoes: A. p. Pet
tyjohn. ciothiag: Psepls's Cigar asd
News Stand. 1esthssn 0taAss 1af1se1mg
Company. southern speclalty Gem
pany, g. e. Caskis. Jr, manufaetur4nx
agent; Sans & Royster. grocern; q. C.
Warden. groceries and fruits; Home
Building and Real Estate Company,
Incorporated: Citizens' Savings and
Loan Corporation. Tea Kettle Inn. Peo-
pies Studio, $. p. Craighill architect:
National Theater, Opportunity Printing
Company. Owen e. Barker. brokers:
s. II. Johnson. Jr., printer: C. b. Adj
kinson. grocer: w. J. Bennett Shoe Com
pany. J. Sweitzer. clothing and no.
tons; Diamond Metal Weather Strtu
Company. e. l. Magri. clothing and
notions; T. l.. Wills. merchant: Gala
han Cash, clothiers: College Park
Pharmacy, Empire Trading ana Man
ufacturing Company. Frisco Fruit ana
Vegetable Company. Mrs. e. n. GILL
merchant; J. c. Mason d Brothers, J. 4.
Hudson, grocer.
Bankruptcy Petiti0us.
Fewer petitions In bankruptcy were
Hied at the clerks Office of the Lynch.
burg Federal Court In 1914 than In
1913, and only one Of the petitions ~ss
involuntary. In 1914 thirty-s bank
ruptcy petitions were nled and In
1919 forty bankruptcy petitions were
received at the local ONCE.
In 1914 four OF the petitions wars
involuntary and the total amount q
the bankruptcy petitions in 1913 Wa
considerably larger than in 1914.