Jasper County Democrat, Volume 19, Number 12, Rensselaer, Jasper County, 10 May 1916 — BIG NEW HOTEL A GO [ARTICLE]

BIG NEW HOTEL A GO

.Say Rensselaer Parties Who Are Behind the Proposition. The Democrat is informed by parties here who are pushing the proposition of building a big new $.70,000 hotel on the B. S. Fendig corner on Washington and Front streets, that the matter has reached a stage now where it is practically assured that the hotel will be built. A party at South Bend has agreed to take $30,000 of the stock, while two Rensselaer citizens alone will take $5,000 each of the stock. Much of the remaining SIO,OOO has already been subscribed, or can easily be placed here, it ig said.