Evening Republican, Volume 16, Number 164, Rensselaer, Jasper County, 10 July 1912 — J. L. BRADY SOLD GRAIN BUSINESS HERE. [ARTICLE]

J. L. BRADY SOLD GRAIN BUSINESS HERE.

Business Established Sixteen Tears Ago Passes to Hands of Lafayette Man; Will Leave Rensselaer. ,T. J. Harrington, of Lafayette, was in the city Tuesday and completed a deal for the purchase from J. L. Brady of his elevator and coal business. The deal was made on a cash basis, but The Repubilcan was unable to- ascertain the amount involved. Mr. Brady will give possession of the propery next Monday. The new firm will be composed of T. J. Harrington and a brother, both of Lafayette, and will probably be known as Harrington Bros.’ Grain Co. The Harrington brothers are experienced business men and for a number of years were engaged in the grain business at Remington and other places. During the past few years they have devoted a greater part of their time to their extensive farming interests. It is understood that they will not give the business here much of their personal attention but will send a manager to take charge. Mr. Brady states that he did not plan to dispose of his business so suddenlyjr in fact, he had no intentions of selling out at all until he received an offer, several weeks ago, from Indianapolis grain merchants who own elevators over the entire state. Since then many buyers have been trying to make a deal with Mr. Brady. Mr. Brady has engaged in the grain business in Rensselaer for sixteen years. The elevator was built and business established in 1896 by C. W. Coen and J; L. Brady. They did a general grain and coal business and carried it on successfully and profitably for a number of years. In the fall of 1909 Mr. Brady and Mr. Coen dissolved partnership, the former took the whole of the elevator business and the latter moved to South Bend, where he is engaged in the banking business. Mr. Brady stated, as his reasons for selling out, that for some time he has been desirous of engaging in a different business, and that when this opportunity came for selling at a good price, he took advantage of it. Mr. Brady has no definite plans for the future. -The greater part of the next few months will be spent In adjusting business affairs. He will take his time to look around and intends eventually, if he can dispose of his residence and other property here, to embark in the coal and lumber business in some larger city, possibly South Bend or Indianapolis.