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Remember Glazier Building?

Remember Glazier Building? image
Parent Issue
Day
3
Month
July
Year
1970
Copyright
Copyright Protected
Rights Held By
Donated by the Ann Arbor News. © The Ann Arbor News.
OCR Text

The name G√ćierltilduii was revealed after workmen removed the Ann Arbor Trust sign from the Trust Co. Building which is being renovated at Huron and Main. The building, completed in 1908 at a cost of $175,000, was erected by Frank P. Glazier, former Michigan State Treasurer, in memory of his father. But according to Earl Cress, chairman of the board of the Ann Arbor Trust Co., there is even more to the tanilding's history. "Supposedly Glazier used state funds to construct the building and was eventually sent to jail for embezzlement," he says. History books state that about a month before the structure was finished, it was sold for $67,000 to the Ann Arbor Savings Bank, but the court refused to confirm the sale. Later it was sold to satisfy the creditors of Glazier, a Chelsea resident. Finally it came into the possession of the Goodspeed brothers of Grand Rapids.