Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-01-02
Mr.. Fred Rixon PurchasesStock
and Fixtures and Will Soon
Open For Business
TO MAKE AN IDEAL STORE
New Proprietor Will Largely Increase
the Stock, and Place 1t In Charge Of
a Competent Manager - Son Will
Also Be Interested in the Business
Mr.. Rixon Pleased With tho Outlook.

An important business deal was
consummated today when Mr.. Fred
Rixon, of Clinton, one of the best
known and most successful merchants
of eastern Iowa, purchased the stock
Of the Hawkeye Mercantile Company.
The deal has been pending several
days, and Mr. Rixon, accompanied by
Mr.. E. e. Abbott, of Clinton, arrived
in the city Sunday evening. 1t was the
work of few hours this forenoon to
bring the negotiations to close. Mr..
Rixon takes the entire stock together
with the fixtures and appurtenances
Of the Patterson interests in the bust
ness. Mr.. c. Fl. Whitehead, who has
had charge of the cloak and suit de-
partment, on the second floor, will con-
tinue as heretofore.
Mr.. Rixon is very much pleased with
the outlook, and has had an eye on
Marshalltown for several years, await
ing good opportunity to get into
business here. Mr.. Rixon is heavily
interested in the mercantile business,
being the owner Of the Golden Eagle, a
large department store of Clinton. He
is also vice president and secretary of
the Edwards Manufacturing Company,
Of Clinton, manufacturers of the
"Czarina Skirt" one of the most popu-
lar makes Of ready-to-wear skirts on
the market. Mr.. Rixon is one of the
directors of the Merchants National
Bank, of Clinton.
Mr.. RiXon, who leaves for New York
tomorrow to look after the buying for
his. new concern, is a merchant OF long
experience, and has always been emf
nently successful, He understands the
department store business thoroughly,
and is more than pleased at the pros
poets for his new store. The stock
will be increased to bring it up to what
would be required for a strictly up-to-
date store, the kind that Mr.. Rixon Is
pleased to conduct. A big line of sta
pie dry goods and everything pertain
ing to the dry goods line will be car
ried, as we'll as complete line OF
shoes, and big stock of groceries.
With the department on the second
floor practically everything needed for
household use will be carried.
Mr.. %. r. Abbott, of Clinton, who has
been manager Of Mr.. Rixon's Savanna,
H., store for five years, will be man
ager of the Marshalltown store, and
associated with him will be Mr..
Rixon's son, Mr.. Fred Rixon, Jr. Mr..
Abbott has had a wide experience In
the department store business, and has
been engaged at different times as
buyer for some Of the largest houses
of the middle west. Mr.. Abbott will
accompany Mr.. Rixon to the eastern
markets to assist in the buying,
The new concern will open for pusl-
ness on the 14th inst, the store hav-
ing been closed today, as soon as the
deal was completed. Until the time
for opening work of invoicing, arrang-
ing stock and adding to it will be car.
ried on, in order that everything VIII
he in readiness for the opening Satur-
day.
The inventory, which is In progress
this afternoon, shows that the Hawk
eve stock has been worked down pref
ty well. as Mr.. G. E. Patterson, who
has been manager Of the store, has
been endeavoring to get rid OF II 1or
some time. This will give Mr.. Rlxon
an opportunity to place practically
new stock in his store, which mas
been his desire. He expects to pur-
chase a $4,000 stock of goods Tor the
general department store.