The Birmingham age-herald., 1924-10-12
Herman And Joe Saks To Build At Second Ave.
 And 18th Street

Louis Sals and PulieH M. Saks have taken over the entire interests of Her man Haks and Joe K. Saks in the Louis Saks Clothing company, 1t was an. nounced Saturday. The latter two will, in the near future, begin work on new department store at the southeast corner of Second avenue and Eighteenth street. Details of this project are to be made public Inter.
 The change in ownership of Sdks, recognized us one of the leading retail establishments in the south, marks the termination of partnership between the two brothers, Louis Saks and Her man Saks. which extends practically to the beginning of Birmingbam's develop naent as q trading center. The move results. it is stated, from desire by Herman Saks to found q business which will eventually be guided by his four sons. Joe K. Ike, Lawrence, and Jack Nj, the last named now q student at the University of Pennsylvania.
 Saks' business expansion has been closely identified with the growth of Birmingham; in fact cross-section of the reversals and triumphs 1t has en- countered would be very nearly a his toric account of the city itself. In 1884 Louis Saks, then q young Chattanooga merchant, came to Birmingham and opened a modest shop oh Second ave nue between Nineteenth and Twentieth streets. Two years later Herman Saks followed his brother to Birmingham from Baltimore and he, also, started small retail business. The panic of 1893 drew the pair together and through the adyersities met in this strenuous period they emerged with a firmly established business. In 1916, after Joe K. Saks had been taken into the partnership, they erected the build ing the firm now occupies at Second avenue and Nineteenth street.
 Record Familiar
 4 treatise of what Louis and Herman Saks and their sons have done for Bir- mingham, noted for the excellence of it's department stores, is more or .ess familiar to everyone in the district. The fOnrilies are among the oldest and best known and their meritorious business reputation extends far beyond the horizon.
 Information of the new development in the ownership of the store is con- tained in two statements issued Satur- day. These follow:
 Louis Saks and Julien M. Saks an nounce that they have purchased the en- tire interests of Herman and Joe. K. Saks in the Louis Saks Clothing com paDy, marking the dissolution of q close business association of forty years, it is with deep regret that the announcement of this severence is made.
 "When Louis Saks came from Chatta- nooga to Birmingham in 1884 to found the beginning of the Louis Saks Cloth ing company he found a village In 1886 Herman Saks came here from Baltimore 10 cast his fortune with his brother. During the thirty-eight years since that time Herman and Louis Saks have worked together in harmony, and watched the business of the company keep pace with the growth of Birming- hap.
 F"The need of business for his four sons who will some day follow in their fathers footsteps has impelled Herman Saks to sell his interest in the Louis Saks Clothing company. Appreciating the deep sentiment that accuates, Her man Saks, Louis Saks agreed with the plan of dissolution of this business which touches depths that a mere commercial venture cannot know.
 New Business
 Herman Saks and sons will be the new business with Herman Saks at the head. When the home of the company is opened the Louis Saks Clothing will be the first in wishing success, as it will for any. thing that Herman Saks undertakes.
 ''The Louis Saks Clothing company will continue as part of Birmingham'S business life. offering to it's customers the quality and service its forty years of serving have accustomed them 10. fhe organization of the Louis Saks
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