Cost of Constructing Factory

17%

Cost of Constructing Factory.

By Treasurer H. G. Childs.
AT a special meeting of the stockholders and others prominently identified with publishing interests held here at Mountain View, Sept. 10, 1906, the directors of this company were authorized to expend $25,000 in the erection of a new factory building. This amount was also to include repairs on the power-house and tank-house. You will be pleased to note that the cost of our new factory building has come within the limit placed upon us, the cost of construction being $22,597.69.
You will remember our first building was a one- and two-story brick structure, the two-story portion being used for offices, editorial rooms, halls and chapel, with floor space of 31,261 square feet; of this amount 10,160 square feet were taken up by the offices, halls and chapel, leaving the one-story part for factory purposes, about 21,000 square feet. The cost of the brick building, including the power-house and tank-house, was, in round numbers $45,000.
This new building has about 22,000 square feet of floor space, of this amount 2,500 square feet are taken up by offices, editorial rooms, and halls, leaving for factory purposes almost 20,000 square feet or about 1,000 square feet less than our first building and at about one-half its cost.
The building as it now stands is, perhaps, less imposing than the former one, but from the stand-point of practicability it is far superior. The offices, editorial rooms, and working departments are all better arranged and in closer proximity to each other than formerly; consequently the work is carried on to much better advantage; so we feel to congratulate ourselves on not exceeding the amount specified, and having our requirements so well supplied.