 By mid-summer of 1942, Mt. St. Peter Parish was once again without funds. By this time, the majority of the work on the new church had been completed and so the congregation agreed that it was time to sell the old St. Peter Church in order to fund the new church. The General Electric Company was willing to pay $ 16,000 for St. Peter's and on July 16, 1942, the church became the property of the General Electric Company.
