Speaker of the House Vance Wilkins of Amherst, for example, has more than $50,000 invested in stock in each of five companies - Higgins Engineering of Amherst, which manufactures flange pipe; Virginia Consulting of Amherst, which does consulting and property management; Placemakers Inc. of Amherst, which is listed as a real estate holding; Dan Valley Wholesale Florist of Danville, and AccuTech Fabricators of Lynchburg, which does metal cutting and forming. Wilkins
is listed as a paid officer of all five companies; president of Virginia Consulting
, vice-president of Dan Valley Wholesale Florist, secretary and treasurer of AccuTech
, and secretary and director of Higgins Engineering.
Wilkins' interest in AccuTech
is new; his
1999 financial report did not mention the company.He
also appears to have divested himself of holdings in another property management firm in Amherst, Moore Management, which was listed in the 1999 report.
business interests, Wilkins
also owns quite a bit of land. His
2000 financial report shows ownership of land in Amherst, Nelson, Albemarle and Buckingham counties, as well as in Lynchburg and Danville.Each parcel is worth more than $10,000.
Five of the seven parcels are open land; three have timber on them; three have minerals; and all seven are improved in some way.Two - a parcel in Amherst and one in Danville - are reported as being listed under a company name, while one in Augusta and Nelson counties is in trust. Wilkins
doesn't list any money market funds or other stock holdings other than the five companies with which he
is associated. Wilkins
isn't the only local legislator with a varied financial portfolio.
Del. Watkins Abbitt is president and owner of the W.M. Abbitt Jr. Insurance Agency
, partner in Abbitt Realty, and a director of the Farmers Bank
Abbitt also has more than $50,000 invested in a rental property and farm in Appomattox and in Tiba Corp. of Richmond
wife's lobbying firm.
Abbitt listed less than $50,000 invested in another farm in Buckingham, an investment property in Appomattox, and in his
insurance and realty companies.