Jasper County Democrat, Volume 21, Number 100, Rensselaer, Jasper County, 15 March 1919 — B. S. FENDIG CORNER IS SOLD [ARTICLE]

B. S. FENDIG CORNER IS SOLD

Talk of Erecting Large, New and Modern Hotel on Site. Negotiations were completed one day this week by which Charles P. Moody of Barkley township becomes the owner of the old B. 8. Fendig corner on Washington and Front streets, occupied at present" by the Rensselaer Creamery and Produce company. This property has a frontage of 100 feet on Front street and 120 feet on Washington street, and is ideally situated for a modern hotel, for which purpose Mr. Moody has purchased the property. Whether or not the building will be erected on the site the coming year has not been definitely decided at this time, The Democrat understands, but it is Mr. Moody’s intention to ipaut up a $50,000 to $75,000 hotel there and plans are being prepared for the building, it is stated. The price paid for the property wks $4,400 and the purchaser assumes a few hundred dollars indebtedness, making the price in round numbers $5,000. There is a very good dwelling house situated on this ground, but the old building on the corner, which is perhaps one of the very oldest business buildings in Rensselaer, is of practically no value except for the lumber thht may be salvaged. There is business enough in Rensselaer for two good hotels, many people assert, and everyone would certainly be much pleased to see a good building go up on this corner. Mrs. Moody for several years successfully managed the Makeever hotel and enjoys a large acquaintance with the traveling public. It is understood that she will have charge of the new hostelry if one is built on this corner.