Salt Lake Telegram | 1919-10-30 | Page 2 | $100,000 Realty Deal Closed

h a 1 Y R 4 I t a LOUIS MARCUS BUYS BROADWAY HOLDING FROM MARK REED ALL District Manager of Paramount Film Corporation Obtains Building g and Ground Situated at 27 25 East Third South tI I t INVOLVING VING an exchange of real estate in the heart 1 of Salt Lakes Lake's business district was effected Wednesday according accord accord- accordi i i ing ng to information obtained today The property is located at 25 and 27 East Broadway and was bought for from Mark and four other members members members mem mem- bers of the immediate family Louis Marcus district manager of the Paramount Film corporation is reported to be the purchaser The deal was 1 made node through the Tracy Loan and Trust compa company pany I That a theatre m may my y be constructed on the site in the future was intimated by bv Mr Marcus but there seems to be no definite plans made The Vincent Smedley Shoo Shoe com com- pany lany which occupies the section at 25 East Cast Broadway will continue to operate at this location and the tho Horton Horton Hor- Hor ton Book Shop at 27 East Bast Broadway The property is la considered part of ot the most desirable of ot the downtown real estate It has 41 i 1 feet on Broadway and is feet deep I Mr Ir Marcus is said to be the sole purchaser I