One of the biggest deals in real estate and manufacturing interests that ever occurred in the city was consummated Saturday. The Marietta Ice Company disposed of their lots, buildings and plant lying below Butler Street, between Third and Fourth streets, to the Crystal Ice and Preserving Company of this city.
The real estate embraced in the deal consists of one hundred feet fronting on Third and extending through to Fourth. The plant is an extensive one and has been successfully operated by the Marietta Ice Co. The consideration is said to be in the neighborhood of $45,000.
The company purchasing this valuable property was recently incorporated under the laws of Ohio and is composed of several well known Marietta and Pittsburgh capitalists. The officers are as follows: President, L. C. Braun; Vice President, George Van Dusen; Secretary, George B. Eyssen; Treasurer, William Harrington. Mr. Harrington is also general manager and will have charge of the plant.
The company was incorporated with $50,000 capital stock, but this amount will be increased to $75,000 in order to put in the improved machinery necessary to fully equip the plant for the work in which it will be engaged. In addition to improving the ice making machinery, a complete outfit for the preserving of fruits, etc., and a cold storage plant will be added. These improvements will be undertaken in time to have them completed by the opening of next season. The new company will take possession on December 1.