Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, March 23, 1907, Image 12

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THE ATLANTA OEOROI AN AND NEWS. An Alabama Town of Natural Resources, Destined to Become a Great Industrial Center. One Thousand Valuable Lots To BeSold'at $100 Each. Among Them Are Improvements Worthfrom $1,000 to $70,000. Some One Purchasing $100 Lot Will Get Some of These Improvements. Beautiful North Alabama Town is Located so'as to Command Most Advan- tage o us Transportation Facilities and Offers Both the Artistic and the Prac tical Inducements Sought by Prospective Investors. By J. E. MeLAUCHLIN. Id the ordinary proposition that la unfolded to tho pubUe by tbooo who with to promote tho Interest of a town or ooaimunlty there l> morr or lex ex- iftftttlon In atatlnx tho edvsntxges to b« Obtained. Tho promoter, of Bridgeport are In a peculiar and enviable poaltlon when they tell the public what tidy have to offer. They hart only to tell the exact facta and Invite Investors to their town. Bridgeport's Commencement Durtns the teat decade of the nine teenth century and a few yaara prior to that lime, the attention of Northern cipltaliata waa direct ad to many alien in tha Booth aa attractive aiimmer re aorta and locttlona upon which mil lionaire towna could be built. Colonel A. J. McBride, who la known by every Atlantan aa a wide-awake real eetate promoter, had devoted con- alderable time to developlnr Southern towna, aapeclally la Alabama and Qeor- (la. Cpth one of hit proapectlnx tours through north Alabama. Colonel Mc Bride stopped over at the point where tho tires moat progreetlvo Southern states—Georgia, Alabama and Tonnes- aeo—come to a point, 'alone the banka of the Tenues It a rtrer. It occurred to Colonel McBride that this waa the place for a town. Aotliur upon this Idea, he eat about immediately to In- tareat Northara Inveatora and capital. Mq_'M (i project to build a town at vPfiUiort. A company was formed and tha necessary lands In that vicinity wars acquired. The town of Brldteport was started. A score or more New Tork capi talists came to this place and Invested their money In the project and laid the foundation for what will some day be a areal City. Streets were traded aad tha walks paved wtih broad alone stabs. The at rest a. which were laid off by an expert landscape gardener, are run ti aa to follow like natural (alleys and to SyOld heavy grading, leaving beautiful elevated lots tor the erection of resi dences. Tbla grading and laying off of tha town waa done at a considerable axpanse to tha founder, of Bridgeport and waa done In aa substantial a man ner aa to be forever permanent. A aawerage system wee installed throughout the town aad a ry.tem of waterworks, equal ta that of much latter cities, In fact, sufficient for a city of arty thousand population, waa put ta. The supply of this water comes from the tide of a mountain three miles from the city aad Is aa 'pure aa nature ever furnished to man. Tho enormous spring from which the water eyatem te fed It Inexhaustible. The natural fores from thle supply of water edit throw a two and one-half 1 Inch stream ef water over say l.uHdlng , In the town. This nature) auply of water Is eup- pllmented by a pumping station, and neae men, wbq addressed the banquet, ere and expressed their Intention of in. eating In Bridgeport And Investing their money, which will mean an army nf manufacturers aad merchants talking Bridgeport. The Bridgeport Realty and Truat Company baa completed plans for ex ploiting the advantages that will come to home-aeekera Investors and manu facturers, and will begin an energetic and systematic campaign of advertis ing. One Thousand Lots Te Be Sold at Once. The Plan. The Bridgeport Realty and Truat Company own two thousand lota In the town. They will place on the market at once half of this number In a propo sition that has tha greatest attraction for the real estate Investors. The Iota will be sold at a uniform price of 1100 each, and every lot la worth every penny of that amoum. if the town makes even the least advance, rnent Included It, these lots are certain lots, aa follows: Some one who pays 1100 will gat a lot. with tha office building shown In the arenm- panylng Illustration. This building la a four-story atone structure, entirely occupied and cast 170,000. One of ths double houses of Kilpatrick place will tit put In aa one of the lota. These houses are double apartments, eight rooma to each aide, with cold and hot water and bath, with cemented base- ment. Each apartment cost 17.000 and la ranting at 140 per month. Each of tha five cottages shown In the Illustra tion accompanying goes In tha tale of the thousand lots. They are substantially built and rent for ten dol lars a.month; a 7-room house, with bath, on Cunningham avenue, renting at 111 per month, la another of the prlxea to be gotten with a lioo lot. Tha company also agrees to pay isoo cash for live of the lots on the day they are allotted by the purchasers of tha 1.000 lots. These special lots will be one fea- * ik« —I _ L ..IS.. ^ ni.iMkaa DOUGLASS AVENUE COTTAGE. ,, Owned By The Bridgeport Realty A Trust fompany. KILPATRICK PLACE. Owned By The Bridgeport Realty A Trust Company. era capitalists' in the early nineties After spending a considerable amount of money In forming the town, the pan ics of lit! and lit! gavs chilly feet to the majority of these investors, and they laft thalr Alabama properties to taka care of themselves, while they were back In the North giving atten tion to larger Interests. During these years of financial dis tress Charles P. Scofield, who was ons of the prime movers In the establish ment of Bridgeport, remained there With hie Interests and never lost faith In the down be an Investment, but watted for the -opportunity to again begin active operations toward develop ing It * Early In thle year the Bridgeport Realty and Trust Company was organ. Ixed and a charter for it was secured on February IS. This company Is thor oughly organised, with a cash capital of tlM.000, and Is composed of some of the leading business men of the South. Its officers are: President, W. I. Well man. of Huntsville, Ala* treasurer of the W. H. Rowe Knitting Mills of that town: Vice-president. Leo K Steiner, of Birmingham, Ala* member ef the bank ing firm of Steiner Brothers, of Bir mingham; sec re too’. Charles T. Sco field, Bridgeport, secretary Bridgeport Coal and Coke Company and manager of the city waterworks. Mr. Scofield being originally from New Tork; treas urer, A. A. LtSueur, of Bridgeport, president of the Bank ef Bridgeport. The directors are; W. I. Wellman, Mil- ton Humes and T. W. Pratt of Hunts ville Ala.; Leo K. Steiner and Wlleon R. Brown, of Birmingham; A. A. Le- Sueur and Charles P. Scofield, of Bridgeport. Among the men who will direct the affaire of the Bridgeport Really and Trust Company are some of the lives! wires In the country, and all of them have large manufacturing In terests, the welfare of which they will witch closely. The object of the Bridgeport Realty and Trust Company Is to prmnote the Interest of the town. Induce Investors to come to their town and see what the advantages are, and to sell real estate. Every member of this company la very enthusiastic over the future of Bridgeport, and say that tha only dif ficulty they will have Is In getting man ufacturers to Investigate their claims and assure themselves or the econo- rales that can be practiced by locating their plants In Bridgeport. Greeter Bridgeport Movement Fairly Launched. Already an sir of progresslvenass pervades the atmosphere of this town i that It destined to become one of Ala bama's moat Important cities. Around a banquet board. The Aldhousa block Is a tour-story granite front and pressed brick office building that would look good In any city. The Hotel Hudson It of sufficient site Slid equipment te accommodate guests to a town of' several. thousand, in Hudson avenue Is a row of business houses, which gtvaa visitor* to Bridge port the Idea that they are' In n com mercial town. Kilpatrick Place le a row of modern apartments, fronting east with broad, slab paved walks and a naturally graded street. Each of theee eight apartments are divided Into twn sections. They nr* built of brick PEYTON BUILDING. Owned By Ths Brldgsport Realty A Trust Company. to tha itaoad Boor and finished with weatherboarding, ■presenting not only a handsome, hut, a substantial appear ance. Ini tile western portion of the town Is the high school building, named Besides tfieee. there are many cottages anti buklpeas buddings, another hotel and a few small manufacturing plants. ,. Bridgeport Hemes. There are many beautiful hemes-In Bridgeport. .They are of arttdtlo de sign aqd beautiful finish; Indicating tho refined taeies of their owners. Two hundred additional bouses could find ready rental. turn of the sale, besides a number of beautiful residence and business lots that will be the property of some of the purchasers, and each will get the value of their money. Colonel A. J. McBride in Charge of the 8ale. The sale nf these thousand lots will be announced through the paper* and the definite plan of allotment will be outlined. Colonel A. J. McBride, whose offices are at 118 Empire building. At lanta. will be In charge of the sale, sml any Information In regard to the plan or about the town will be furnished upon application to him. As stated above, Colonel McBride was the real originator of the scheme to build Bridgeport. He 1s taking a lively Interest In the activities that are In progress there now. and his entire time will be devoted to the developments that are planned for the making of Greater Bridgeport. Bridgeport It a Reality. The facta that are recited In the foregoing sketch of Bridgeport were obtained by the wrjfer on a personal visit to tha town, and none of the statements la exaggerated. After mak ing a trip over the entire town, It "'»* readily seen that a plain statement of tha facte would make an unreasonable story, so the writer has endeavored to minimise, rathar than magnify. <hr at tractions offered by the company that will develop Greater Bridgeport. houses are so ocaree that people are living In house boats and stnblrs. No belter Invest ment can be found than In building houses for rent at Bridgeport. Houses can ba built for sale on ths Installment plan at handsome profft. The demand for houses makes their sale or rental easy. The builder haa choice of materials. Lumber Is cheap and the )<>cal saw and planing mills can furnish nil required. Building atone can ba had from home quarries at small axpenea fvr quarry ing and hauling. The day about Bridgeport makes excellent red and buff brick and there la cheap fuel to bum them. Gravel, sand ant crushed limestone ran be had for concrete mak ing. tfhen cement can be obtained from tha new plant concrete will be tho favorite bulldlag materiel. The Schools. Favorable business conditions alone ran not makw a home. Tho atmos phere of the school and church Is nee* The public schools of Bridgeport ore constantly Improving In efficiency. They will be better than aver next year. The legislature of Alabama haa In creased the school appropriation a inll. lion dollars. That means better echoole —better teachers. Thsra are three pub lic school buildings In Brldgsport, two of which aro for whits pupils. The central school it a handsome, well- equipped structure. The Alatennga (Ala.-Tenn.faa.) Col lege le a private Institution ifor higher education. It has courses preparatory for college and business Music* art end elocution ere also taught here. It his a large patronage from the sur rounding territory. Bridgeport’s Transportation Facilities. This beautiful town of Bridgeport- on-ths-Tenneasee W located on the Tennessee river, about twenty mils* east of Chattanooga. At this point tha river la navigable and a large part of tha freight is trans ported by water. Thera art about seventy trains peas Bridgeport every twenty-four hours. The great advantages that thle ce ment plant will have In Its location at Bridgeport Is In-tho supply of tho prop er rock formation. Tha satire surface of the earth around Coponhagan con sists of limestone and a certain portion of shales and enough aluminum sub stance to get the required union be tween rock and shales In the product of high-grade cement. This peculiar rock formation extends for several miles west of the Copenhagen plant and assures the Dixie Portland Cement Company of plenty material for decades to come. Company is Formed te Develop Bridgeport. As formally stated, the town of Bridgeport, Ala., was started by North- . recently given by the Bridgeport Realty and Trust Company, ths promoters of the town were assured of the co-operation of three score and ten leading bust- BRIDGEPORT REALTY A TRUBT COMPANY. (OFFICE BUILDINO) ALATKNNOA COLLEGE.