The Birmingham age-herald., 1913-02-02
Big Store Closed Yesterday
Taking Invoice Prepara-
tory to Disposing
of Stock
NEW FIRM EXPECTS
TO OCCUPY TWO BIG
STORES IN THIS CITY
Motion Talks of Plans on the Nelson
C0rner-Messer Discusses Nego-
tiations for Lease of the
Ferd Mark Store on
Second Avenue

Negotiation for the lease of the build
goods store on Second avenueshave been
closed with F. w woolworth 6 Co.,
and as soon as the necessary business
connected with the change can be trans
acted, one of the famous Woolworth 8
and 10 cent stores will be fitted up at
the old Ferd Mark stand.
The Marx store was closed yesterday
and an invoice of the stock is being
made in preparation for the sale of the
stock. the negotiations for which deal
are now pending. For business reasons
Mr Marx said yesterday that the de-
tails in regard to the disposal of his
stock could not be made public at this
time He authorized M. p. Messer,
president of the Messer Real Estate and
Insurance company to make the of
fetal announcement as to the lease. Mr..
IMesser negotiated the deal between the
two principals.
The lease taken over by the Wool
woth company is for 10 years and was
signed by all parties to the deal in
New York last week. The delay in the
plans for a new building to be erected
by Frank Nelson, Jr., on the site of
the Gum drug store at Third avenue
and Nineteenth street for the Wool
worths and the negotiations for the
Ferd Marx store for the same people
are practically a indicated in The Age
Herald of last Sunday.
One of LARGEST of Its Kind
The Woolworth company is one of
the largest concerns of its kind in the
world. T.. W. Woolworth, its head, is
one of the great American captains of
industry The Woolworth building, the
highest In the world, has recently been
erected by him in New York. The COM
pany controls and operates over 5000
stores In the United States, Canada and
England Not one of the thousands of
articles for sale in this great chain of
stores is ever sold for more than 10
cents.
The negotiations looking TO bringing
one of the Woolworth stores to Bir-
mingham have been going on, stated
Mr. Messer yesterday, for nearly two
years. Negotiations for the Woolworths
were carried on by L. G. Smith, mama
ger of the southern stores. and located
| in ST. Louis.
| T. III. Motion, agent for Mr. Nelson,
who negotiated the deal for the new
building on the Gum corner, explained
yesterday the cause of the delay in
those plans. As published in The Age
Herald last Sunday, the delay is caused
| by clause in the lease of w. r. Gum.
"It is provided in Mr.. Gums lease,
stated Mr. Molten, that if a new build
ing is erected during the life of his lease
he is to have the privilege of occupying
one room in it for his drug store. When
this matter was explained to the Wool
worth people they stated that they want
ed the whole store or none
However. l think Mr.. Gum will see
his way clear in short time to arrange
matters satisfactorily to everyone. The
whole thing is only one of the little de-
tails of a large transaction that come up
and cause delay. but are soon satisfactor-
lily settled We will erect the new build
ing and the Woodwork people will occupy
two stores here. They have dozen in
ST. LOUIS
Opened Negotiations in 1911
II opened negotiations with the Wool
worth people November il, 191l,' stated
Mr. Messer yesterday. ut was breugh.
to my attention at that time that the
Woolworth stores and several other sim
liar concerns had united and formed d
great corporation. This Incorporation oc-
Cured November 8, 1911, and included the
+. w. Woolworth company. S. II. Knox
& Co, +. NJ. Kirby & Co, r. P. Carlton
& Co.. c. S Woolworth, W. II. Moore,
W. H. Moore & Co.. and also the +. w. :.
Woolworth Co of London, England, Linz
tied.
York offices of the company and my let
ter was referred to l.. G.. Smith, assist
ant treasurer. who was then located in
Boston. Mr. Smith is now in charge Of
the southern stores of the company, with