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The Greycourt Overlook Company. Chester, N.Y.
The Greycourt Overlook Company is a Corporation organized under the laws of the State of New York. One of its objects is to co-operate with the Board of Trade of Chester, N. Y., to develop one of the natural surburban residence areas in the heart of Orange County. It has purchased at Greycourt a few miles west of Tuxedo, one hundred and sixteen (116) acres of Plateau Mountain top land with three fifty foot 6-10 per cent grade entrances from the State and County Highways, located on the easterly, northerly and westerly sides of Goosepond Mountain. The northerly entrance to the Plateau is half a mile from Greycourt station of the Erie Railroad, where the best trains of that road connect with the Warwick, N. Y. and Newburgh trains. The easterly entrance to the Mountains touches the line of State Road No. 600 near Seely's Creek, where the Board of Trade is hoping to secure community of interest of the land owners in building a lake two miles long in the valley from the overflow of Walton Lake, the center of a surburban developement near Monroe.
It is hoped that State Road No. 600 already located will soon be accepted by the State Commissioners as a link in route No.4 from the Hudson River to Lake Erie starting near Fort Montgomery and crossing the Highlands through the Great State Park and touching Monroe, Chester, Goshen and Middletown and thence west through the southern tier of counties of the state.
Other attractive features of the property besides its accessibility to railroad service, are Chester Village Water Main at the eastern entrance and the magnificent views from three mountain summits on the Plateau about 800 feet apart, from which may be seen the distant Catskills and the following noble mountains less distant; Sugarloaf, Pochuck, Adam and Eve, Shawangunk, Schunnemunk and less imposing neighbors, including also the Great Highland range upon whose summit the late E. H. Harriman Near Arden built his magnificent home. The view cannot be surpassed anywhere near New York, and it is believed, three or more individuals will want this land as soon as State Road No. 600 is completed.
Stock has been issued for Twelve Thousand Five Hundred ($12,500.00) Dollars for land and money already expended in developing the property, which it is believed will soon be selling for $200.00 per acre. One of the adjoining properties less desirable cannot be purchased for less and the Company has agreements to purchase additional land, if desired, consisting of nearly seven hundred acres of adjoining farm land. The stock is issued at $10.00 per share par value, and the present effort of the officers of the Company is to get subscribers for this stock in Chester, Warwick, Goshen, Middletown, Port Jervis and New York, who may pass on Erie trains and often see this wonderful opportunity for development where the elevtion of over 1000 feet equals many Sullivan County locations far more distant from New York as to the merits of elevation and the views are not surpassed anywhere near New York City. The officers, T. S. Durland of Chester, President, J. E. Sanford of Warwick, Treas., and E. T. Sanford Sec'y., of 232 West 11th St., N. Y. City desire to sell sufficient stock at par during the coming year to build the Easterly Roadway up the mountain and an Obervatory Camping house on one of the three summits.
|Title||Greycourt Overlook Company Prospectus|
|Description||This prospectus promotes the development of the hill to the south of Greycourt. Several lots were sold, but it did not attract the "grand camping houses" that the promoters wished for.|
Real estate development
|Subject.local||Businesses: The Greycourt Overlook Company|
Durland, Frank, 1860-1946
Durland, Thaddeus Seely
Harriman, Edward Henry, 1848-1909
Reynolds, A. M.
Sanford, E. T.
Sanford, Francis B.
Sanford, J. E.
Sanford, W. N.
Seely, Gaylord B., 1874-1941
Board of Trade of Chester, N. Y.
Chester Village Water Main
Great State Park
Greycourt Overlook Company
State of New York
|Location||Chester (Town) - Orange County - New York|
Business & Industry
|Format.Original||Document, Business, 8.5 by 11 in. (21.7 x 28 cm)|
|Resource Type||Image; Text|
|Publisher.Digital||Chester Historical Society|
|Holding Institution||Chester Historical Society|
The Chester Historical Society
47 Main Street, Chester, NY10918
|Rights||Prior written permission is required for any use of the images in this collection from the Chester Historical Society.|
|Technical Data||2 ea: tiff 300 ppi 24 bit scan, Epson Perfection 3200, Photoshop Elements 3.0, 2544 x 3262 pixels, 23.8MB|