The herald and news. [volume] (Newberry S.C.) 1903-1937, 1911-12-22
LUTHERAN BOARD
SELLS BUILDING
Valuable Property on Main Street i'll
Columbia, Brings $4,000.

Columbia State, 2lst.
One of the most significant real es-
tate transactions of recent months IN
Columbia was completed yesterday,
when the Lutheran Board Of Publlca-
ton sold it's Main street lot and build
ing to the Carolina Insurance and Cas-
ualty company for $4,000, there being
large cash consideration in the
transaction.
A significant feature in the transac-
ton is that it means continued I'M
provement of property for the use of
the Lutheran Board of Publication
and the Carolina Insurance and Cas-
ualty company.
When seen yesterday in regard to
the transaction, Rev. W. H. Greever,
manager OF the Lutheran Board OF
Publication, stated that the action OF
the board was but another step IN
the execution of the plans which have
ibeen under consideration for some
time, Since the board acquired its
lot on Sumter street, adjoining its
Main street lot, it has been it's pur-
pose at an opportune time to erect it's
permanent publication building on
Sumter street. This probability was
kept in mind when the board erected
it's printing house last year On the
rear end of the Sumter street lot.
New Building I1anned.
DR.. Greever stated that, as manager
of the board, he was instructed at the
meeting yesterday to begin prelimin-
ary investigation at once, looking to
the erection of new building on
Sumter street. When the board ad-
iourned it decided to meet on call to
hear the report on the result OF IN
vestigations of plans for the new
building.
The board is in position to erect
a. handsome building on Sumter street,
free from all Indebtedness, and to en-
large it's important work On the basis
of an adequate operating capital. DR..
Greever said that the board regards
itself as fortunate in this move and
feels that it has taken the greatest
forward step in its history. The Main
street lot, on which the handsome
building was erected, was acquired in
1906 by private parties in the interest
Of the Lutheran church and later
transferred to the Lutheran Board Of
Publication at the original purchase
price of $4,000. The lot has a front
age of 43 feet and depth of 208 feet.
The building is a three-story brick
structure with from of Indiana sand
stone.
When DR.. Greever was asked his
opinion about the transaction; he stat
ed that he received a great deal OF
personal satisfaction out of two facts
connected with it, first that there is
no speculative element in the transac-
ton, but it means enlarged and per-
manent improvements for Columbia.
The other feature of satisfaction is
that the Lutheran Board of Publica-
ton had the opportunity to show its
foresight and courage by becoming a
pioneer in the improvement of Sumter
street, which is expected to become
one of the chief business streets OF
Columbia.
When the officers of the Carolina
Insurance and Casualty company were
seen they stated that they had bought
the property for their own use. They
further stated that since they have
had purchase of the building under
consideration for some time. They
have given considerable thought to
the advisability Of adding several
stories to the building and equipping
it with elevator service and steam
heating plant.
The Carolina Insurance and Casual
ty company now occupy more than
half of the second floor and they con-.
template the use Of an entire floor.
Officers.
The officers Of the Carolina Insur-
ance and Casualty company are P. H.
Haltiwanger, president; A. H. Kohn,
secretary and treasurer; A. B. Lang