N&W in 1904 -- Buys M&RV
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Wed Nov 28 09:57:32 EST 2007
Norfolk & Western Buys Marion and Rye Valley
Millions of Feet of Lumber and Tons of Undeveloped Iron Will be Brought into Market
Negotiations have been completed for the erection at Marion, Va., of a large lumber plant, with daily capacity of eighty thousand feet. A Philadelphia syndicate has purchased from the Douglass Land Company several thousand acres of timber lands lying in Smyth and Grayson counties. This large timber region, hitherto inaccessible, has been brought into market by the Marion and Rye Valley Railroad and its extension, the Virginia Southern.
It is commonly reported that the Norfolk and Western Railway Company has purchased the Marion and Rye Valley, and a competent service will bring into market the millions of feet of lumber and the tons of undeveloped iron that have long been stored in this mountain region.
Bluefield Daily Telegraph
August 16, 1904
[But, in the same newspaper two days later, the following article heading appeared.]
Marion and Rye Valley Sold to New Yorkers
[As Paul Harvey would say, "Now you know the rest of the story.]
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