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The Daily Progress historical and industrial magazine

Charlottesville, Virginia, "The Athens of the South"
 
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Piedmont Real Estate and Loan Company.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Piedmont Real Estate and Loan Company.


The high prices offered for real
estate in Charlottesville and Albemarle
County is the best criterion of the
prosperous condition of this community,
and the fact that few people desire
to sell is further evidence of the "good
place" in which we live. Of the companies
engaged in the real estate line
none is more prominent than the Piedmont
Real Estate and Loan Company.
This concern occupies a handsome
suite of offices in the Law building on
North Fifth street and controls a large
patronage. While they do a general
real estate business, renting, selling
and buying all descriptions of property
and negotiating loans, they make
a specialty of selling farms, fruit and
timber lands, and their business extends
over the entire United States.
The present company was incorporated
July, 1904, and while only a new

concern it has already secured a large
rental and sale list. The officers of
the company are Major Channing M.
Bolton, President, C. H. Walker, Vice
President, E. L. Carroll, Secretary and
Treasurer, and W. H. Wolfe, General
Manager. Mr. Bolton, the President,
is one of the best known business men
in the city, being President of the Charlottesville
and Albemarle Railway
Company and the Charlottesville Canning
Factory, and a director in the
Charlottesville Ice Company and the
Jefferson National Bank of Charlottesville.
He was born near Richmond,
Virginia, but has resided here for
many years, occupying a magnificent
home a few miles from the city. Mr.
C. H. Walker, the Vice President was
born in Louisa County and served
with distinction during the war between
the States. He is city treasurer
and one of its wealthiest men, being
interested in many of the largest enterprises.
Mr. E. L. Carroll, the Secretary
and Treasurer, was torn in Smyth
County and has resided in this city for
the past twelve years. Prior to the
formation of the Piedmont Real Estate
and Loan Company he was engaged
in the insurance business and still
follows that line. Mr. Wolfe, under
whose direct management the business
is conducted, is well posted on
realty matters in this section having
been engaged in that line for many
years. He was born in this city and
received his early education here. At
the opening of the war he enlisted as a
private in Company I, Twenty-Fourth
Virginia Infantry, which became a
part of Picketts Division, and took part
in all the important battles in which
that famous division engaged. May
31st, 1862, he was severely wounded at
[ILLUSTRATION]

Residence of Dr. J. Emmett Early.

the battle of Seven Pines but after
recovering returned to his company,
and on May 12, 1864, he was again
wounded, this time at Drury's Bluff.
On April 1st, 1865, he was captured at
Five Forks and was sent to Point
Lookout, where he was held a prisoner
until June 22 of that year, when he
was released. He returned to the
Valley of Virginia and entered the
mercantile line, in which he continued
sixteen years—seven years ago he
opened a real estate and insurance
business in this city which he operated
until the formation of the firm described.
All of the gentlemen are
public spirited and progressive citizens.