Charlottesville Industrial and Land Improvement Company
The Charlottesville Industrial and Land Improvement Company was organized on March 22, 1889 as the first real estate developer in Charlottesville. [1]
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Organization
The first officers were President John M. White, Vice President Samuel B. Woods, and secretary Robert Poore Valentine. Its purpose was laid out in the charter:
"To engage in various manufacturing operations, to purchase, hold, lease, rent, improve, sell, exchange and otherwise deal in real estate, to negotiate loans, to buy and sell real estate upon commissions, ... to subscribe to the capital stock of other companies, to aid and assist persons of limited means in purchasing homes, and establishing and conducting manufacturing and other enterprises, and to undertake and conduct generally, all business usually carried on by land and improvement companies." [1]
The Charlottesville Chronicle reported the company purchased the Rose Hill Farm for $10,000 to develop into lots.
Others involved included Louis T. Hanckel and Moses Kaufman. [1]
References
- ↑ 1.0 1.1 1.2 Book. Charlottesville’s Street Railway System and its Entrepreneurs, 1866-1936 (1980), Jefferson Randolph Kean, (George Mason University Master’s Thesis, retrieved January 24, 2026.