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From the "History of Henderson County TN by Auburn Powers 1930
At the present time the population has grown to about two hundred fifty, with four business houses, a doctors office, a barber shop, two cotton gins, two blacksmith shops, a garage, a grist mil, a saw mill, a stave mill, two Delco Light Plants, six artesian wells, which flow from five to thirty gallons of pure, freestone water a minute, and two hydraulic rams, which convey water from wells into residences. Luray is modern, indeed.
Dr. C. B. Chaffey has located in the town, and he and C. E. Priddy have each built themselves neat six-room residences. Good roads, automobiles, and fox chasing are now the fad. There has just been completed a hard surfaced road from Henderson, in Chester County, to Luray, and the people hope to get it extended from Luray to the number 20 at Broadway, a distance of seven miles.
By 1911 business had increased to the extent that the citizens decided they needed a bank, and by very little effort a capital stock of $10,000.00 was raised. The bank was organized and chartered at once and the contract let for a brick building twenty by forty feet. This institution is doing a good business.
Luray is in a favorable location.
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