70 Years Ago
December 1949
Next Tuesday the City of Iola will sell at auction four houses, several garages and outbuildings and a filling station. The structures are on the right of way for the S curve which will be built next spring to replace the right angle turns at the corners of Madison and First and First and East Streets.
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The Iola Elks, Inc., is postponing its plan to build a new combination lodge home and business building and will redeem the bonds which it sold last summer, C.A. Swiggett, president. The $75,000 bond issue secured by a first mortgage on the proposed structure, will be called as of Jan. 1 and the first interest coupon will be paid upon presentation. Other interest coupons will be null and void. The lodge plans to secure suitable quarters in Iola. The unexpectedly high cost of building the new structure proposed for the corner of Washington and Jackson streets caused the lodge to abandon the building plan. The Elks own the lot upon which the Northrup building stood.
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The Iola Elks purchased a home yesterday. It is the building at 202 S. Jefferson now rented by Hall Bros. and formerly occupied by the Curtis Furniture Co. The price was about $20,000, C. A. Swiggett, president of Iola Elks, Inc., said today. It was bought from the Beck estate. Swiggett said they plan to remodel and make the building a permanent home for the lodge.
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C.M. Vaughn and Cecil D. Carey, who got their start in pipelining in Humboldt, have made a huge success in the business of coating pipelines all over the U.S. and have formed a successful corporation, the Western Pipe Coating Company, with headquarters in Hugoton.
