Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 4 · column 1 of 9 · from the scan, no model involved
By JOHN EISENHARD
Arundel Newspapers Writer
First Of A Series
In 1976, in Scott District in Fauquier County, Va., an 858-acre horse and cattle farm which dated from, the 18th Century was sold for $1,950,000. The buyer—a Brazilian.
In 1978, a 1374-acre estate and cattle farm near The Plains, Va., was sold for $2,410,000. The buyer—a Belgian.
In 1976, a 301-acre estate near Waterford in Loudoun County, Va., was acquired for $770,000 by a Washington, D.C., corporation. The corporation is actually a group of Austrian investors.
The investment in U.S. land and businesses by foreign firms and individuals is nothing new..
Forty years ago, in 1939, a Belgian, Count Guy de Biellet-Latour, "acting for an undisclosed principal,” bought 2,140-acre Fairfield, an estate and farm at Hume, Va. (Fairfield is now owned by Willard Stores Inc., a Marriott corporation.)
Not much imagination is needed to ascribe a reason for the Belgian count's investment 40 years ago. Europe was on the brink of a devastating war. A sheep and cattle farm in the Blue Ridge foothills of Virginia was a sanctuary.
87.2%