Evening Republican, Volume 22, Number 210, Rensselaer, Jasper County, 30 August 1919 — IROQUOIS HOTEL WILL BE BUILT [ARTICLE]

IROQUOIS HOTEL WILL BE BUILT

RENSSELAER BUSINESS MEN GET BACK OF IMPORTANT MOVEMENT.

There was a large number of enthusiastic boosters at the hotel meeting held in the court room in this city Friday evening. W. L. Bott, owner of the Jasper County Telephone Co., presided. Charles Moody, who is to build and operate the new hotel, made a few remarks, stating clearly and definitely his plans, Mr. -Moody is a man of means and business acumen and with the assistance of Mrs. Moody, who has had ten years’ hotel experience, he is sure that the new venture will be a success and a great boon to the city of Rensselaer. Mr. Moody said that with the rapid development of Rensselaer and environs, the business expansion of the city and* the enhancement of Jasper county land there is sure to be need for added accommodation in every way and especially in the way of hotel facility. Mr. Moody was sure that the bigger and better Rensselaer assured success of the present hotel for the Iroquois which he will build. Most of the time now the Makeever hotel is unable to take care of the public and many are turned away and nave to find accommodations in private homes or continue to -other cities.

Mr. and Mrs. Moody will put $25,000 into the project, taking for this money common stock. They desire to sell from $40,000 to $50,000 preferred stock upon which they guarantee an annual interest of 6 ppr cent and also agree to retire this preferred stock within five years. A number of business men of the city endorsed the movement most heartily and pledged their support to the limit of their ability. The following business and professional men made talks strongly endorsing the movement and pledging their support: G. E. Murray, of the G. E- Murray department store; Attorney Moses Leopold, attorney for the city of Rensselaer; Hon. Charles W. Hanley, judge of the JasperNewtori "circuit court; W. C. Babcock, of the W. C. Babcock Grain Co.; N. C. Shafer, of the .Main garage; George F. Meyers, Jasper county real estate salesman; Hon. Charles. G- mayor of Rensse-

laer,and John A. Dunlap, attorney and businessman. An executive committee consisting of the following men was appointed to look after the sale of the preferred stock and assist in every way possible to get the necessary means so that the new Iroquois hotel construction may be begun at the earliest possible moment. Every man, woman and child in Rensselaer is asked to be a booster and to give all the assistance possible to the committee. The committee is composed of the following: George A. Williams, B. F. Fendig, E. P. Lane, . Conrad Kellner, W. C. Babcock, Sr. George M. Myers, George McLain, Ray D. Thompson, Isaac Leopold, George E. Collins.