Losses Adjusted

Losses Adjusted.

Stock Will Be Taken Out of the City to Sell.

The loss bythe Mack Furniture Co.'s fire Monday afternoon was adjusted by the insurance men Friday. They took the stock saved and will pay $23,000 on the policies of $23,500. It is understood that a Chicago man named Gans who is in the business of buying damaged stocks purchased the stock for $8,000. He will take the goods out of city. This relieves the Mack Furniture Co. of all its assets. In an interview with Christian Mack, he said they had not yet decided what they would do. Mr. Koch one of the principal stockholders had gone to Grand Rapids and they had not talked over their future plans. It would be 60 days before the building would be ready to occupy, which would be the time to get ready for the fall trade. If the company would continue business or not, was entirely a matter for future consideration. 

The workmen have commenced the work of repairing the William Aprill block today. The plate glass windows have been boarded up to prevent the further breakage of glass. Architect Charles Sauer is superintending the work. Mr. Aprill says he is not certain if the insurance money will cover the cost of rebuilding or not.