The Charlestown and Washington City Improvement Company, has very beautiful residence sites in the eastern suburbs of town, and the engineers are dividing and subdividing the lands of the company to the best advantage, whilst energetic members of the company are actively at work placing stock and striving to make the enterprise in every way a success.
Activities in other parts of old Jefferson– at Shenandoah Junction, where a great manufacturing city in prospect stands on in bold relief; at Keller’s, Bakerton, the Virginia Ore Bank at Moler’s, and so on do not militate against the Charlestown enterprises, but rather are co-operating influences that promise a bright future. From the Spirit we take the following: “A syndicate of capitalists from San Franscisco, New York, Philadelphia, Baltimore, and Washington, have purchased all the land lying on the southwest side of Bolivar, in this county, belonging to Miller, Colt, Tearney, Allstadt, Murphy, Brackett, and Lightner, and the Island of Virginius. The work of surveying the land has already been commenced. Iron ore of the finest quality and marble that is equal if not superior to that of the New Hampshire mines, has been discovered in large quantities on some of the land. Already large manufacturing plants have applied for location. The capital of the company is $2,000,000. A fine hotel is being contracted for.”
