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About: Basic City, Virginia     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPopulatedPlacesEstablishedIn1890, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatLostCitiesAndTownsgeo:SpatialThingyago:AdministrativeDistrict108491826yago:City108524735yago:District108552138yago:GeographicalArea108574314yago:Location100027167yago:Municipality108626283yago:Object100002684yago:PhysicalEntity100001930yago:Region108630985yago:YagoGeoEntityyago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntitysettlementyago:Site108651247yago:Tract108673395yago:UrbanArea108675967yago:WikicatFormerMunicipalitiesInVirginiayago:WikicatPopulatedPlacesDisestablishedIn1924yago:WikicatPopulatedPlacesEstablishedIn1890 New Facet based on Instances of this Class

Basic City was an incorporated town located in Augusta County, Virginia, in the United States. Formed in 1890, it was named after a process for steel manufacture. This process was to be implemented in Basic City, and gave rise to land speculation. There was a boomtown rally of manufacturing and commercial development in Basic City between 1890 and 1893 as two railroads crossed here at a point called The Iron Cross: the Norfolk and Western and the Chesapeake and Ohio. Basic City was once bigger than the surrounding city of Waynesboro, Virginia. As the national economy experienced a depression between 1893 and 1896, sources of investment money disappeared and many new industries in Basic City experienced bankruptcy and closed. The town's real estate bubble burst and many businesses started b