Jasper County Democrat, Volume 15, Number 13, Rensselaer, Jasper County, 22 May 1912 — Parr Creamery Not Likely to Be Rebuilt. [ARTICLE]

Parr Creamery Not Likely to Be Rebuilt.

The Democrat is informed that at a meeting of the Parr Creamery stockholders Saturday it was voted not to rebuild the creamery, which recently burned. The vote, we are told, was 17 for rebuilding to 20 against. The insurance has not been adjusted as yet, the insurance company wanting to rebuild and equip the creamery instead of paying the full amount of the insurance, an option which is reserved by all insurance companies. They think that they can replace the creamery for less money than the insurance tliey rwould have to pay, but are willing to pay the full amount if the stockholders will rebuild. Just what effect the decision of the stockholders against rebuilding will now have on the adjustment of’ the insurance we are unable to say.

Later —The Democrat was informed yesterday that the vote of Saturday was to be reconsidered and it is probable the creamery will be rebuilt. At Saturday’s meeting not all the stock was represented and one man holding eight shares voted against the rebuilding, which accounted for the majority against the proposition.