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The Potters Herald
East Liverpool, Columbiana County, Ohio
What is this article about?
The Detroit and Wayne County Federation of Labor paid off a $50,000 mortgage on their $150,000 headquarters building through AFL member contributions, achieving debt-free status for the post-war period. The mortgage was publicly burned at ceremonies with speeches by AFL President William Green and Mayor Edward J. Jeffries.
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Now Free Of Debt
Mortgage On Property Paid
Off; Is Burned At Public
Ceremonies
Detroit.-A goal toward which the
Detroit and Wayne County Federation
of Labor long has striven-namely, to
enter the post-war period without a
dime of debt on its $150,000 headquarters
building-was achieved this
week.
Through contributions from AFL
members, a $50,000 mortgage on the
property was paid up, and the mortgage
was publicly burned at ceremonies
last Saturday night. President
William Green, of the AFL, and Mayor
Edward J. Jeffries, main speakers at
the event, congratulated Detroit labor
on the achievement.
Known originally as the "Old Colony
Club," the building was put up by rich
clubwomen in 1928 at a cost of $100,000.
The Federation of Labor acquired
it for $150,000 in 1941. It is one of the
finest labor temples in the country.
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Story Details
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Location
Detroit
Event Date
This Week
Story Details
The Detroit and Wayne County Federation of Labor achieved their goal of entering the post-war period debt-free by paying off a $50,000 mortgage on their $150,000 headquarters through AFL member contributions. The mortgage was publicly burned at ceremonies last Saturday night, with speeches by AFL President William Green and Mayor Edward J. Jeffries congratulating the labor group.