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Ann Arbor Capitalists Interested

Ann Arbor Capitalists Interested image
Parent Issue
Day
8
Month
January
Year
1892
Copyright
Public Domain
OCR Text

Ihe Jollowinfr is an infteresting clipping f rom the Velasco Diajly Times regarding a newly developLl country in which ;i number of Anjn Arbor and Michigan ca'pitalists aie interested: 'Velasco is verily a winderful citv, not yet four months oíd, has a population of 2,000, has a. 106 í-OOin hotel, a une electric liglit plant. 1 1, i i , e miles of eieuuiiu nuiway uuiming. t,mr miles now perfected, over 600 feeft of wharves eornpleted, 6Ü0 feet mor 3 wojected, has a daily paper, bas ov er $2,(100,000 taxable values, has the oh] j deep water port on the ïexas coast, lnd the best harbor in ïexas, over one hundred business buildings now í ;oing up, a half million bushei graiu elevator'secured, a large planing mi ji u operation, an ice and water pow sr company, one Xational bank and two more charters, the largest artes au wel 1 in Texas witli over 1,000.000 gailons ilow per day, a fine line of stea mboats plying regularly on the Brazos i, a railroad to connect with Ilouston, lúinost eonipleted. All this and muclli more has been accomplished in lesa than four moJiths. With direct ralüway connection, the question natu-i]iy avises wliat will she do in the njext twelve inontlis, with urilimitedcapjiial to back tier and the ímpetus that al) tiie above enterprises liave given liejf. she will undoubtedly outstrip any oilher city in Texas t'or commercial supreVnacy."

Article

Subjects
Ann Arbor Argus
Old News