1921 Duluth & St Louis County MN, Van Brunt.pdf - Garon.us
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1921 Duluth & St Louis County MN, Van Brunt.pdf - Garon.us

1921 Duluth & St Louis County MN, Van Brunt.pdf - Garon.us 1921 Duluth & St Louis County MN, Van Brunt.pdf - Garon.us

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598 DULUTH AND ST. LOUIS COUNTY The American Exchange Bank of Virginia was incorporated in March, 1904, as a state bank. Its original capital was $25,000, but this was increased to $50,000 on July 1, 1907. At that time the directorate was: W. H. Cole, president; J. D. Lamont, vice-president; D. W. Stebbins, cashier; C. T. Fairbairn, D. B. McDonald, A. Hawkinson, Fred Lerch, W. J. Sincock and E. J. Bush. It will thus be seen that the bank had a strong mining and municipal support, and was thus destined to grow into the bank it became. Another bank, the Farmers and Merchants State Bank, was organized, with good prospects, and a particular field, on January 1, 1917. The bank devoted its efforts mainly to the developing of a connection among agriculturalists in the Virginia sphere, the land to the north of Virginia beyond the range, and along the Canadian Northern system, being rapidly converted into excellent agricultural properties. Farming, therefore, is becoming increasingly important. The Farmers and Merchants State Bank began with a capital of $50,- 000, and soon had a surplus of $10,000. On May 30, 1920, its deposits totalled to $400,000. Directors then were : Andrew Grande, president ; B. J. Kelsey, vice-president; C. T. Eckstrand, cashier; Joseph Christopherson and E. J. Larsen, directors. The banks of Virginia, in August, 1920, had total deposits of $4,300,000, which gives indication of their business prosperity. Light and Water.—The light and water utilities are now municipally owned. Originally they belonged to the Virginia Light and Water Company, which was organized by O. D. Kinney, A. E. Humphreys and others, in 1892. The first installation of water pipes was done in the spring of 1893, and an electric light plant installed in 1894. The plants grew with the city, and met its requirements fairly well. Just prior to the reorganization, in 1909, the officers of the company were: O. D. Kinney, president; B. F. Britts, vice-president; Geo. W. Buck, secretary; E. Z. Griggs, treasurer; O. H. Griggs, manager. In July, 1909, the company became the Virginia Electric Power and Water Company, and proposed an issue of $70,000 bonds, to meet cost of extensive improvements planned. The officers of the new company were : O. D. Kinney, president ; O. H. Griggs, vice-president and general manager; E. Z. Griggs, treasurer, and G. W. Buck, secretary. Virginia "was one of the first towns in Northern Minnesota to adopt the policy of municipal ownership of public utilities." In 1913 the city purchased the plant of the Virginia Electric Power and Water Company, and for several years the municipal operation of the plants showed a net profit of about $80,000 a year. The plants have been considerably enlarged and include "a complete heating and extension system," constructed in 1919, at a cost of $350,000. The "Seventh Annual Report of the Water and Light Commission" of Virginia, October 1, 1920, shows that the surplus assets above liabilities of the city in these public utilities is $729,280.89. Public Improvements,—In 1894, the "White-Way" of Virginia consisted of "some fifteen arc lamps," of which possession "the citizens boasted"; in 1920, Virginia had upon its streets 155 white-way standards, each having five lamps, and about 175 other street lights. Other comparisons are equally striking. In 1894 there were seventeen hydrants ; in 1920, the city owned 141. In 1894 there were four blocks of water mains ; in 1920 there must have been much more than twenty miles of water mains; its storm sewers alone extended for thirteen miles, and there were eighten miles of sanitary sewer in 1918, the

DULUTH AND ST. LOUIS COUNTY 599 both laid at a cost of $328,000. According to the "MinneapoHs Daily News," October 19, 1918, Virginia had "the biggest sewage purification plant in the world," built at a cost of $125,000. It is, without doubt, the largest in the state. Virginia has sixteen miles of paving that cost $742,000; twenty-three miles of sidewalk, laid at a cost of $117,000; there are more than seven miles of bitulithic pavement, and a greater length of creosoted wood-block pavement, and some concrete paving. The sidewalks are of cement. The municipal authorities, at a time when coal was scarce, established a municipal wood yard, securing "stumpage at $2.00 actual cost for wood to be cut in lengths to feed furnaces." There is a fine municipal band ; the city has seventy-five acres of park land. The only possession it really lacks, in order to be a well-balanced city of the highest grade, is an appropriate city hall. CITY HALL, BUILT 1905 City Hall.—The Virginia City Hall was built in 1904-'O5. Its site cost $600. and the building was completed in the summer of 1905. There is additional unused ground adjoining and perhaps, some day, it will be used to give the space necessary for the erection upon it and the other two lots a city hall commensurate with the standing of the city. The unused lot was acquired in 1905, at a cost of $700. It is now worth $10,000, at least. The original cost of the city hall was $15,139.16, and a like amount was spent in remodeling the structure in 1910. Parks.— "The city owns 55 acres of part property, in Olcott and South .Side parks, among the finest in the state," records the "Minneapolis Daily News." "Its park board maintains more than 35 miles of boulevards and has j)lanted more than 10,000 trees. Olcott Park is known as one of the play-spots of the range. .Its zoo is a fiature that draws visitors from all sections. * * * Jt contains elk, deer, grizzly bear, timber wolfs and coyotes; * * ^ foxes; water fowl, 4134^^

DULUTH AND ST. LOUIS COUNTY 599<br />

both laid at a cost of $328,000. According to the "MinneapoHs Daily<br />

News," October 19, 1918, Virginia had "the biggest sewage purification<br />

plant in the world," built at a cost of $125,000. It is, without<br />

doubt, the largest in the state. Virginia has sixteen miles of paving<br />

that cost $742,000; twenty-three miles of sidewalk, laid at a cost of<br />

$117,000; there are more than seven miles of bitulithic pavement,<br />

and a greater length of creosoted wood-block pavement, and some<br />

concrete paving. The sidewalks are of cement.<br />

The municipal authorities, at a time when coal was scarce, established<br />

a municipal wood yard, securing "stumpage at $2.00 actual<br />

cost for wood to be cut in lengths to feed furnaces." There is a fine<br />

municipal band ; the city has seventy-five acres of park land. The<br />

only possession it really lacks, in order to be a well-balanced city<br />

of the highest grade, is an appropriate city hall.<br />

CITY HALL, BUILT 1905<br />

City Hall.—The Virginia City Hall was built in 1904-'O5. Its<br />

site cost $600. and the building was completed in the summer of<br />

1905. There is additional un<strong>us</strong>ed ground adjoining and perhaps, some<br />

day, it will be <strong>us</strong>ed to give the space necessary for the erection upon<br />

it and the other two lots a city hall commensurate with the standing<br />

of the city. The un<strong>us</strong>ed lot was acquired in 1905, at a cost of $700.<br />

It is now worth $10,000, at least. The original cost of the city hall<br />

was $15,139.16, and a like amount was spent in remodeling the<br />

structure in 1910.<br />

Parks.— "The city owns 55 acres of part property, in Olcott and<br />

South .Side parks, among the finest in the state," records the "Minneapolis<br />

Daily News." "Its park board maintains more than 35 miles<br />

of boulevards and has j)lanted more than 10,000 trees. Olcott Park is<br />

known as one of the play-spots of the range. .Its zoo is a fiature<br />

that draws visitors from all sections. * * * Jt contains elk, deer,<br />

grizzly bear, timber wolfs and coyotes; * * ^ foxes; water fowl,<br />

4134^^

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