In 1937, Kerr-Addison Gold Mine would shortly after incorporate its very own subsidiary company known as Kerr Addison Properties, Ltd. Most of this transformation was done when nearly 90.85 acres were transferred to Kerr Addison Properties, Ltd. The company was largely in charge of building a new town-site for the workers called Verginiatown. Verginiatown at its peak was generally separated into 250 lots. Many of these lots are reported to have been sold, and the money gained from them would be used to install a water and sewage plant, and to also build roads.
Virginiatown in 1938, was becoming a major company town with a population of 400 people who re-sided here. Expenditure resulted in spending nearly $85,000.00 towards road building, water works, sewage system, and other improvements. A total of 301 lots were laid, of which 72 would be set aside for sale to employees at a low price. It was by that yeah when nearly 44 of these lots were sold, and 33 house would be built upon them. In total, it was reported that nearly 132 lots had been sold for a sum of $68,050.00, of which 61,763.74 had now ben paid for. Buildings that nearly valued $180,000.00 were erected, and the town-site was operated by Kerr-Addison Properties, Ltd.
Kerr-Addison Gold Mines would also make new provision for its employees in regards to housing in 1939. Plans which were being prepared, had been focus on contracting the construction work in building these houses. The main intention of the company was to mainly construct these houses so that they could be rented out to the employees of the mine. These plans would shortly proceed when a total estimate expenditure for this project would cost Kerr-Addison Gold $125,000.00 to complete.
One of the very fist bank robberies to occur in Virginiatown had happened on December 21, 1972. The inccident that had escalated would happen at the Canadian Imperial Bank of Commerce. This bank would be described to have been located in a small building. It was just before christmas time when several customers of the area had christmas shopping on their mine. By no time, reports were laid out as armed, masked men had entered this bank and demanded for a considerable amount of cash. As the situation was escalating, the armed, masked robbers had no idea that they were being watch by the owner of a nearby service station. A man by the name of Dave Mann had seen the armed, masked robbers enter the bank and noted their guns that they were holding.
Mr. Mann at this point in time had his very own 303 rifle and some annummition on hand. At this point, it had occurred to Mr. Mann that he could be a town hero by helping law-enforcement with the situation. The Township of McGarry OPP could have defineatly used the hand from Mr. Mann, as there was one problem stopping them from being dispatched. Much of this problem had generally relied on someone who had rendered all four tires on the police cruise. With a short delay time, Mr. Mann had sighted in on his rifle towards the porched in frame building. His reasoning for this was generally caused because he had thought that the robbers might surrender if he had shown his motive to stop them.
These armed robbers had finish up with the packing of the money when the service man had fired one shot into the porch. But the report on the rifle and sudden impact on the building had a very deffinate effect on the crooks, but not in a way expected. First the getaway driver would have drove off, leaving his partners stranded in the bank. With no other choice, the armed robber would grab one of the mangers by the name of Bob Emmell, and would take him outside as a hostage. With no heistation the rifleman had held his fire, and the getway driver had once again struck in hopes of finding a chance to help his partners. These thieves, had stayed put, as they yelled, and shouted at customers/bank employees to stay put as they used Mr. Emmell as a human shield to getaway from this crime. They were never caught as the delay in police dispatchment had caused several down falls in retrieving the stolen money. It wasn't long after when the theives made it pass the Quebec Province Border and slowly disappeared into the night after releasing Bob Emmell.
One of the other Gold Robberies that occurred at the Kerr Addison Mine happened in 1978. It was reported that the theives had used a float plane for their escape made off with a substantial amount of gold. The thieves were reportedly able to track down the time that Kerr Addison Gold would put gold bar into safes. These gold bars would later be seized by armed robbery in which the theives had gotten away with this planned out heist.
The Larder Lake area would shortly after recivee attention again as a fourth robbery had occurred at the Ladder Lake Station. It was on October, 1987, when two masked man would force the mine employees at gunpoint to open a vault, containing gold. It was during this time that the mill was recommisioned by Deak Sheild Resources when the inccident occurred. The two mask men were able to getaway on foot with gold bars worth approximately $300,000. Ontario Provicial Police had been on route to this incident as the search for the suspects continued by helicopter, and tracking dogs.