Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-21
ASSOCIATION SELLS TO BOSCH
Bros OF vANcLEvE, FOR
$4,000.
TO ERECT NEW HOME
IN UPTOWN DISTRICT
to Lease Old Building for
Few Months at least-Wil Move
and Build to Get Near Center Of
Population and Broaden Its Work.
New Structure May Cost 100000.

Negotiations for the sale of the Y.
NJ. c. A. building, which have been
in progress for several months. We're
closed Monday. The completion of the
sale is Of Importance to the association
and the city as it means the abandon
ment of the old building in the depot
district the purchase of a site in the
uptown business district, and the erec-
ton of a new building.
The building was sold 10 Peter e.
and Vessel F. Bosch, of Nancleve, for
$4,000. The terms of purchase are
$4,000 cash, and that the buyers will
give back a mortgage for $4,000,
drawing 6 per cent. payable in four
equal annual payments.
Will Lease For Tme.
The association Will continue to oc-
cupy the building. probably for sew
eral months, at least until March 1. At
that time an additional lease will prob
ably be negotiated.
In the meantime the building COM
mittee Of the association will continue
efforts to purchase suitable site up
town, but ii has not yet actually Sc
so before the building campaign is
started, or afterwards, has not yet been
determined.
The association building cost about
$4,000, after being rebuilt in 1904. The
money was raised in two campaigns.
The committee believes it got a fair
price for the building. considering that
the association has had the use of it
for eight years, with comparatively
small expense for repairs, and without
taxes.
The association reserved in the sale
certain of the furnishings, like the
gymnasium apparatus and equipment,
moving picture machine, and some Of
the furniture.
Move to Increase Its Work.
No definite plans for the new build
ing have been prepared, but the work
of the association demanded that 1t
get out Of the depot district and move
uptown. near the center Of population.
The association was established, and
the money was invested in the South
Third avenue site, because, at that
time, the association was railroad Y.
NJ. c. A., and it was thought necessary
that the building be close to the local
railroad centers. The association has.
however. long since ceased to be rail-
road association. and instead has be-
come city association.
This change has made it necessary
for the association to move because,
since its change from a railroad to a
city association, the work has been
handicapped by the Location so far re-
moved from the majority of its mem
bers and the business center of the
city.
Will Build Nice Building.
No estimates have been made Of
what the new building will cost. but
it is the plan TO erect splendid struc-
ture that will be complete and modern
in every way. 1t is probable that the
new building and site will cost $50, 900.
The building committee, which has
been in charge of the negotiations for
the sale, and which has been investi-
eating possible suitable sites. is COM
posed Of Thomas Stotts. chairman: DR..
H. c. Mueller P. F. Arney. E. P. Miller,
c. G. st. Clair, r. w. McCreery, c. E.
Howard, T. I. Wasson, J. c. Williams,
D. ". Norris, Jr., and H. E. Wilson.