Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-12-29
LOVING RAPIDLY
GROWING INTO A
THRIVING CITY

I fSFESlhI NoNNthFoNpEhCE 10 MOHNlFS AoSNnNNNl
Carlsbad n. NJ, Dec. 2S.--Loving.
| twelve miles below Carlsbad. is rap
| idlv growing. into one Of the .Dromis-
| ing Young towns of New Mexico. The
hountiful season enjoyed this year by
the farmers under the Carlsbad pro-
lect has done, much to hasten the
growth of this young city Three
new business institutions are planned
| for the town very shortly.
| S D. Stennis. a Carlsbad attorney.
| is organizing a bank for the town:
! which Will have paid in capital of
! $4,000 and surplus of $1,000. This
money has nearly all been subscribed
! by people living in the lower valley.
| in and around Loving A national
bank charter. has been applied for,
but it is not known positively wheth-
er this will be allowed Nearly thirty
farmers and business men have sig
nified their intention of buying stock
in the new bank
A new four stand gin will also be
| built in all probability, although this
has not been definitely determined.
There is already one gin in Loving
| b. the success of the Otis Ginning
companv with brand new machinery
and electric power. has led cotton
the Otis company to double its capi-
taliZation and build a second electric
unit-at Loving. At a recent meeting
$500 was subscribed by Loving peo-
" = III bkuJhF SnQulu tue company ue~
eide to build new unit. The annual
stockholders meeting of the Otis com
NAVY. is in January. at which time the
matter will be decided.
The Baptist CONGREGATION of the
lower valley has also decided to build
q. new church house. and construction
has ALREADY. begun on the structure.
II will cost 5000 and will be of con-
crete. Whitehead & Toggelmire are
the contractors for the building
and a baptistry. beside the main audi
'0r An oil min is also talked 4 for the
Carlsbad project and this in all prob
ability will be. located at Loving. as
i will thus be in a more central posi-
ton as regards the location Of the
cotton gins. The oil mill has not
Leen thoroughly Rnvassed. hut it is
"in the air" and another year is very
liable to see 1t in operation,
The Public Utilities COMPANY. which
distributes electric light and power
ever the north end of the Carlsbad
project Is, also planning to extend its
power line to Loving, to provide
TO do this the Utilities company will
have to expend $4,000 on an extern
sion of its power line from Otis to
Loving. and $4,000 more in new ma
chinerv, at its power. dam. The eX=
definitely decided but most of the
directors are in favor of the STEP
The Roberts Dearborn company.
which operates hardware stores in
Clovis. Carlsbad and Loving, has late
w purchased seven CITY lots in the
heart of the town on which it con-
TEMPLATES building a store building IT
some future date. Its present store
in Loving is becoming rapidly made
duate to handle the business now on
hand.
Coupled with these mercantile inn
provements which are all tangible, |
ad of sure growth, Loving faces an
era of great prosperity. in that the
first test oil derrick, erected south of
of the town. Machinery Is on the |
road with which to operate the we'll |
and the West Columbian Trans-Pecos
company hopes soon to fire up its
boiler and get at work