South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-03-06
NILES

Work ON Niles proposed half
Mathematician hotel Will commence
early in the spring. according 10
Fred s. Pantlind. of Grand Rapids
who x 10 have a 20-year ease on
the building. Mr. Pantlind, who by
The terms o. the lease is to guaran-
Tee ain fixed charges on the hotel, IS
now engaged In floating $2OO,OuU
worth of bonds i'm addition TO the
common stock subscribed by the
Chaplin interests and citizens OF
Niles. These bonds are to command
an interest rate OF not exceeding
six percent and while Mr. Pant
lind is confident of being able to
sell them before spring the actual
work of disI osal is somewhat slow.
According 20 M Pantlind, more
than coo per year viii be saved by
fixing the interest rate on these
bonds at six rather than seven per
cent. and this means saving or
$4,000 during the life of the lease.
Furthermore. Mr. Pantlind feels
that at least So. 900 has been saved
bv not carrying on building opera
tions during the winter months He
feels that IL work Is commenced in
the early spring the hotel building
viii be inclosed by fall whereupon
the finishing touches can be carried
on at no disadvantage during the
late fall months The organtzatlon
of Mr.. Pantlind's $3.50. 900 operating
company has already been complet-
ed and the final disposal of the
bonds viii see the hotel project wei
under way. i'm his opinion.
Members OF the Niles EXchange
club will entertain the Niles hibh
school basketball team al a banquet
TO be given I'm the Presbyterian
church on Tuesday evening. March
"a Speakers for the evening In
Cude Coach Knute ROckne. Of No
ire Dame university. Coach John
Masters OF the University OF Michi-
gan Basketball department. and
Judge Charles T.. White. of Niles
judge of the Berrien county circuit
court Mayor Fred y. Bonine Of
this city Will act ~ POSTMASTER
There are TO be $50 tickets on sale
for the event and for s1-25 apiece
they may be secured from DR. Geo
Vefter or Charles ~. Stoll. of the
Niles Exchange club
Chief of Police George Francis
received word today of the recov.
cry st Benton Harbor Of Or. W. G.
Richier's Ford coupe which wa.
stolen THURSDAY Feb %. from 1t.
parkiuc T-acc in front OF his Office
al Main and Third SITS
The Niles hiEh school basketball
team won ,hcir 18th game or the
season and incidentally the BerrieT
county cup. when il defeated th'
ST. Joseph quintet ON the latter.
floor Friday evening by a score o
&c 90 IT, Excellent guarding on tn.
part Of Kruger and Forrest Nile
guards featured the contest oi
March &c The team VIII leave fo
Kalamazoo TO participate I'm The
state basketball tournament
The 8naI results of the declama
tory contest ir which 36 entered arr
as fellows Donald Brown first
John Raymond. second. Rober
Burns third A1cta Ostrander
fourth and George Platt 10Th
These five viii represent tho higl
school ~ the local contest. 60 o
held In The near future. and th
successful winner here viii go q
the su5-d strict event
NJ and Mrs re- H. Valentine 10
- lincoln avs are parents % Al
oigh- pound daughter Ruth Jean
cite hoIH Friday
Thr Tsterer- tho Yearbook o.
tho N1e~ high school nearirl
completion ard wiz probably b.
ready for The publisher bv Aprr .
Tho work OF publishing This orgs'
q entrusted to tha SENIORS. whc arr
aided bv the cooperation 90 The s.u
dent body and the financial supr or
Of Niles advert sers TEE cditoria
stuff consisting entirely of seniors
includes Maurice Breuuer as editor
in-ebief. Gilbert otto. in charge %
athletics. Adela Bird and Ilele'
Moore. calendar compllers- Norna
Luth. joke editor Mat Mari
poetry. Gertrude otto snau shots
David Bennett art editor foEephin
Skalis and kathryn S.hroude'
typissz Wilbur Sargent has beef
named business manage whi
Bernlee Brown. Jennie Howe au
Daniel Van Noppen have been ap
pointed a. assistants
Alfalfa was not known in TIA