In 1901 Rich 's became a true department store by dividing merchandise into separated sections , and was incorporated as M. Rich & Bros. Co. In 1906 , the adjacent M. Kutz & Co. building at 52 Whitehall was acquired .
In 1901 Rich 's became a true department store when they divided like merchandise into separated sections . 
 The company was incorporated as M. Rich & Bros. Co. In 1906 , the adjacent M. Kutz & Co. building at 52 Whitehall was acquired .