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Show Bill SECURES 1 CO-OP CORNER Two Companies to Join in Erection of Another Splendid Business Block in Cedar City. CONSIDERATION $10,000 FOR THE REAL ESTATE Big Program of Building Activity Planned for Cedar City the Present Pres-ent Season, Principally Confined to the Business District. An important real estate transaction was consummated this week in Cedar City, by which the Bank of Southern Utah acquired the old Cedar Co-op. corner, the consideration being1 $10,-000.00. $10,-000.00. It is the intention of the two companies to unite in the erection of a large new business block which will possibly outclass anything in the line of a business building yet erected here. It would be premature to attempt at-tempt to outline the building that will result, but it is understood that it will be approximately 90x100 feet, and either two or three stories and basement. It may also be stated that the bulding wil be as modern and substantial as it can well be made. The Bank of Southern Utah is one of the strongest country banks is the state with a capital, surplus and undivided un-divided profits amounting to more than $170,000 and it is safe to say that when the new edifice is completed com-pleted it will be as well housed as anf bank of like resources in the state and with ample provision made for future growth of a number of years. It is also learned that the Cedar Mercantile A Live Stork Co. intends erecting a large addition to the north side of their building, and that the Golden Rule Store contemplates the erection of a building on the property recently acquired from the Southern Utah Plumbing & Heating Company. Woods Toggery is also contemplating contemplat-ing the erection of a substantial building build-ing on the property recently purchased from Mrs. Pettigrew, and it is understood un-derstood that T. A. Thorley will put up a large and expensive building on the Perry corner. This in addition to the erection of a $150,000 hotel makes a building program pro-gram of which any small city may well feel proud. Of course, there will also be about the regulation number of new residences erected. |