H.S. Jones' Company to Rebuild 31 Miles of Railroad, Nov. 13, 1920

Winston-Salem, Nov. 13--H.S. Jones, one of the New York capitalists interested in the development and operation of the Elk Creek Lumber company mills in Watauga county, spent several days here this week attending the trial which terminated in Mr. Jones' company securing the largest verdict ever recorded in Forsyth superior court, approximating about a million and a half dollars. The company has acquired title to about 6,000 acres of fine timber lands in Watauga, located on the line of the Watauga and Yadkin railway, which was badly damaged by the flood in that section a few years ago. Mr. Jones stated that his company planned to put the railroad in operation next year and resume operation of a $300,000 lumber mill plant, which has an annual capacity of 30 million feet annually. This will mean a fine development for this section of North Carolina. The financiers behind the great enterprise contemplate putting a large force of men to work on rebuilding the 31 miles of railroad early next year. (From the front page of the Hickory Daily Record, Saturday evening, Nov. 13, 1920)