New River Investment Company Deeds,
Scope and Content
The New River Investment Company Deeds document land ownership in Radford, Virginia, in the early 1890s. Materials include one signed deed from 1890 and three drafts of a deed from 1892. Corporate contractual parties include: the New River Investment Company, the Radford Land and Improvement Company, and the Radford Investment and Development Company. Philadelphia, Pennsylvania, appears on several contracts and indicates outside interest in the area. Restrictions on land development appear in the 1890 deed and prohibit the owner from operating a tavern or slaughterhouse, manufacturing alcohol or gunpowder, breeding pigs, or opening any form of a factory. The 1892 drafts lift a vendor's lien, which is the seller's ability to reclaim property if the buyer neglects payments.
Dates
- Creation: 1890 - 1892
Creator
- New River Investment Company (Organization)
Access Restrictions
Collection is open to research.
Use Restrictions
Permission to publish material from the New River Investment Company Deeds must be obtained from Special Collections, Virginia Tech.
Biographical Information
Due to the promise of the railroad and its concomitant industries, Radford, Virginia underwent a boom in the early 1890s. This boom resulted in the formation of land development companies, land speculation, and increased northern interest in the area
The New River Investment Company was chartered in Virginia in 1889 for the purpose of developing land in Montgomery County. W. C. DeArmond served as president of the company while A. J. Hemphill served as secretary. Connected to the railroad, the company's papers are now housed at the Norfolk Southern Corporation archives.
The Radford Land and Improvement Company was created around 1891, during the land speculation boom. The company developed much of west Radford.
Full Extent
0.1 Cubic Feet (1 folder)
Language of Materials
English
Abstract
The New River Investment Company Deeds document land ownership in Radford, Virginia, and include one deed from 1890 and three drafts of a deed from 1892. Restrictions on land development appear in the 1890 deed. The 1892 drafts lift a vendor's lien.
Arrangement
The collection is arranged chronologically.
Acquisition Information
The New River Investment Company Deeds were donated to Special Collections.
General Physical Description note
1 container; 0.1 cu. ft.
Processing Information
The processing, arrangement and description of the New River Investment Company Deeds occurred in September, 2008.
- Title
- A Guide to the New River Investment Company Deeds, 1890-1892
- Status
- Completed
- Author
- Emily Cook
- Date
- © 2008 By Virginia Polytechnic Institute and State University. All rights reserved.
- Language of description
- English
- Script of description
- Code for undetermined script
- Language of description note
- Description is in English
Repository Details
Part of the Special Collections, Virginia Tech Repository
Special Collections, University Libraries (0434)
560 Drillfield Drive
Newman Library, Virginia Tech
Blacksburg Virginia 24061 US
540-231-6308
specref@vt.edu