II liEbETROITfiWISII HRONICLE Pontiac People's State Bank 3uilding Supplement Pontiac People's State Bank Building Supplement THE ONLY ANGLO-JEWISH NEWSPAPER PRINTED IN MICHIGAN DETROIT, MICHIGAN, FRIDAY, JULY 26, 1929 VOL. XXVIII. NO. 9 PEOPLE'S STATE BANK BUILDING OF PONTIAC, MONUMENT TO ITS BUILDER, JACOB KOVINSKY KOVINSKY—FOREMOST CITIZEN By J. J. McQUAID President Pontiac Real Estate Board. J. Kovinsky is one of our foremost citizens and is also one of the largest property owners in Pontiac. The writer has known Mr. Kovinsky for the past 30 years since he first started in business. His success has been rapid and he has the foresight of a keen business man. He is a director of one of the largest banks in Oakland County and we earnestly hope that his success will continue until the end. L Pontiac s New People's Slate Rank Building 1 By EDWIN A. GILBERT Probably nothing nuare signifi- cant illustrating Pontiac's recent development, may tie viewed, than the completion of the new People's State Bank Building. It is illde011 it tribute and a landmark to the city. This edifice, with its faith- ful sponsors, are deserving of much praise, APPRECIATION OF MR. KOVINSKY'S ACHIEVEMENTS IN PONTIAC Rising sixteen stories above the street level, this lovely structure embodies all the distinctive fea- tures which comprise a building of this kind. It is the result of the splendid co-operation between own- er and craftsman, and should do much to foster similar projects having the some artistic success. The imposing mass of this build- ing terminates with symbolic stat- ues of heroic mould, growing out of the terra (lath arches in the form of Primitive Man, Indian in character, These, together with the Indian chief's head over the banking room entrance represent the founding of Pontiac. The figures are flanked by If; American eagles, perfect in sculpture, mod- eled into the coping of the set- back buttresses of the tower, in the impressive scale that is char- acteristic of the entire building, By D. R. WILSON President and General Manager Wilson Foundry & Machine Co. I have known Mr. Kovinsky for 15 years, having started to do business with him upon our arrival in town when he was one of the very few scrap iron dealers in this community, traveling around with one horse and a wagon and making calls at the plant almost daily—always willing and ready to co-operate with a factory that was not much larger than his own business. Our connection with him has lasted very pleasantly through those 15 years and we still do business with him. Alrfl Kovinsky has been one of the outstanding figures in the growth of Pontiac, always seeing oppor- tunities in advance of the average merchant or manu- facturer and, in seeing this advantage, takes it. He has built up one of the finest business propositions in the city, has more lease holdings on Saginaw street, I believe, than any one other person in town. He always has had faith in the growth of the cvity and is looked upon as one of Pontiac's leading citizens, always will- ing and ready to do his part in any'civic enterprise. We congratulate him on the completion of the finest bank and office building in the city and hope that his last venture will be as successful as his many previous ones. ( d / j The base of the building is of rose pink polished granite, then, continuing up for three stories is paleseent pearl finished terra cotta, selected After n nation-wide search for an appropriate color and texture. The selection of a light buff brick of a uniform travertine tone , of color emphasizes the delicacy of v ertical lines in the main shaft of the building, which is capped with massive arches of a sunlight col- or tone of terra cotta, has shown itself to be a very happy combina- tion of color, in fact, unusually so for a building of this dignity and scale, and the firm of the J. W look ( orporation's architects of the structure are to be lauded for, their success in creating such au architectural tribute. The choice of materials, both exterior and in- terior, was obviously made with . the view of obtaining the very fin- est. In executing this building, the sponsors have stressed the qualities of these materials to be of paramount importance. NEW BUILDING IS A MONUMENT TO MR. KOVINSKY By CRAMER SMITH President, Pontiac Commercial Savings Bank. The fifteen-story Bank and Office Building being erected by Mr. Jacob Kovinsky on the corner of East Lawrence and Saginaw Streets of this city is a splendid tribute to him. It is an especial credit for the reason that in the life of the city. it is only a few years ago since Mr. and Mrs. Kovinsky came to our city penni- less. Through hard work, thrift and careful attention to business and investments. Mr. Kovinsky is now in position and has erected this beautiful Bank and Office Building, which is not only a great credit to him, but a greater credit and value to the city of Pontiac. Greater wealth may have been created by other men in our city but their wealth has not returned to the city, in many cases, as useful and valuable build- ing improvement such as Mr. Kovinsky has found it proper to do. This building will stand as a monument to his vision and investment genius and I am pleased to pay this tribute to him and hope that he and Mrs. Kovinsky will both be rewarded with the investment and pleasure and satisfaction that this splendid build- ing will give them. Many times, as we know, such buildings are erected by banks and corporations but very few buildings of this size are built by individ- uals. I wish to congratulate Mr. and Mrs. Kovinsky on their courage and the splendid achievement accom- plished through the completion of this fine structure in the midst of our city. Upon entering the building, one finds the lobby extremely charm- ing, flanked on either side by hand- some bronze elevator doors which give access to the new and speedy Warner elevators. These elevators are no located that they offer the most desirable circulation for the offices above. This feature is a high spot in the plan of the build- ing. PONTIAC OFFICIALS LOOK TO FUTURE IN BUILDING PROGRAM Sri, for the construction Of the • snit of a new City Ilall are nag to take shills. and City ..cr Clifford W. Ilan an- . d recently that no time will .1 in getting a new building way following the carrying . .1141 issue at the May special .•s, when an issue of $330.- r a Citp Hall was approved. of the building and fireproof con- struction will be called for throughout. In the basement will he placed the vaults and stock- rooms and the heating equipm -•nt, the latter toeing left so it can be extended eventually to take care of the heating of any other build- ings that may he built on the site.' On the first floor will be placed the departments taking care of the public, such as the building in spt•ctor, treasurer and tax collec- tion department and the water col- lector. The lobby will be large' enought to accommodate the pub- lic and an information desk will be placed there. Elevator service is to be provided Administrative offices and a commission chamber large enough to seat 400 persons are to be lo- cated on the second floor. The third floor will be devoted to the use of the engineering department and the accounting division and the fourth to the welfare and health departments. Space on the smaller fifth and sixth floors has not been allotted at this time but' would care for the overflow in all the departments. It is proposed to place somewhere in the building where it would be convenient a downtown branch of the city library. Retain Present Building. There is no thought at this time of placing either the police de- partment or any part of the fire department in the new building. When the present City Hall is va- cated it may be used for police headquarters. There is no inten- tion of tearing it down at this time and its floor space will be utilized for city purposes. The proposed new City Hall will have 36,500 square feet of floor space. The city has 7,695 square feet of floor space in its present hall and with other quarters out- side the building is now occupying 26,361 square feet of floor space. It is paying a yearly rental of 411,118, which alone represents the interest on $275,000 at the .• location will be the new site .• and Parke streets, where , y is about to condemn six of land. Part of the prop io been purchased at a pri- - d e and the rest is to he con- 1 in a suit to be filed in court. As soon as the con- a:ion matter is concluded sill be started on the Cite 1 ! .11111 it should be completed by •oring, according to 51r. 11am. Plans for Future S:tes. A•re will also be constructed, ir, ndlition to the completed City Ifi. . two other buildings, a munici- jr• ..aditorium and a library, both sit •hit+ will not be built until sob • later date but must be taken . consideration in laying out th. site. There is no thought at tins time of building either of Os so two buildings but in study- ing the completed plans the archi- teci has placed them in his sketch. It is not proposed at this tins- .omplete even all of the City Bali. Part of the tower and two wings will be left for future con- struction, the rest of the building being large enough to take care of the city's requirements at this time. The unit will be construct- ed, however, no it can be added to later as more room is required. City Manager Ham announced that he and the City Commission have in mind at present the con- struction of a rectangular shaped building 50 by 110 feet in size which would have • basement and four stories with these dimensions. Two more floors 50 feet square would be added and would eventu- ally form part of the tower. Brick and Stoma. Brick and cut stone will be used hi the development of the exterior, rate paid. ARCHITECTURE OF NEW BANK BUILDING DETROITERS TAKE A 96-YEAR LEASE neither the $10,000 is to be held and applied on the last year's rental. The deal was handled by A. I. Nique, !Tailor, and by Philip 1 auh- mtifi. Lease Sold at Auction. lease which has some time to run so the transaction will not affect the present tenant. it was said. The property is owned by the John Wilson Estate. The terms of the lease sale were not announced. In speaking of the transfers Mr. Seitner said: "Investment in good business property in Pontiac is one of the surest things avail- able today. All live cities in Southeastern Michigan have pros- pered in the past few years, and Pontiac has been right among the leaders. Her growth and prosper- ity will continue. There is a great future here and it is for this that I desire to have interests in your city." The purchases of Mr. Seitner were handled through R. J. Brace. From the lobby, the new home of the Potpie's State Bank may lie en- tered. It is indeed an impressive sight to witness. The design of this interior is quite symbolic of the institution it houses. The de- sign is executed in Premier Laredo Chian) marble, a select importa- tion from a special quarry from the Spanish border near Italy, se- cured by the ownc.rs after reject- ing all other quarries and ship- ments, which is in perfect harmony with the exterior color scheme, and also provides a beautiful set- ting for the interior. Eight mar- ble pillars dominate the banking room and give it a restrained bril- liance and dignity. The ceiling de sign and color arrangement add much warmth and richness to the banking quarters, and do much to enhance the interior. The public square is more than adequate Allti MA ride stairway leads to t he vaults below. The directors' roan is situated on the mezzanine. floor, 111111 the furnishings which have been selected will contribute much to this already handsome interior. Throughout the entire building and principally on the exterior, the design and Ornament has la in done in the modern style. The mod- ern influence is rampant, and the facade illustrates very delightful- ly the manner in which the archi- tects have eliminated the old, class- ic feeling which characterized the structures of a few years ago. This edifice is a truthful Itxtires- sion of what is behind it mid the design does not attempt t i conceal A thing. It is a frank statement of the interior. rnil that is the fin- est virtue a building may possess. I The ancient problem of combin- g in a happy manner, the prat. i- cal with the aesthetic has torn very successfully solved in the creation of this building. Civic pride has been manifested in • serious and constructive way, and and only Pontiac, but the entire state has every reason to lie proud of this architectural triumph. A 93-year leave on 40 cod of North Saginaw sires t business frontage Was sold at auction for $25,500. The property is at 87 North Saginaw, on the west side of the street, and except for a one- Pontiac real estate took on addi- story frame building, is undevel- tional activity and four pieces of oped. business frontage on Saginaw The purchase was made by Wil- street were involved in transac- liam D. Bell, secretary of the tions which have been completed. Broad Land Company of Detroit. Two long term leases were mild, one at public auction; one busi- Terms of the sale were that 10 per cent of the purchase price be paid ness block was sold and a long term lease was given on another at time of the sale and the balance in 30 days. 70-foot piece in the deals. The lease was sold by Herby S. Israel and Bessie I.. Zilber of Detroit have been given a 96. ear Coppin, and William Willitt of the Joseph B. Day organization was lease on property at the northwest auctioneer. About 100 ~ aT%on+ corner of Patterson and South Saginaw streets by Ward J. De- representing Pontiac and Detroit firms were present. --- Conick of Detroit. The lease calls for an annual Aubrey, According to W. The property fronts 09.45 feet rental of 06,000 a year until Sept. managing director of the Waldron on Saginaw street and 72.76 feet 1, 1936, and $7,500 annually from on Patterson street. It is owned that date until the expiration of Hotel, Pontiac, that city now of- fers to travelers hotel ac•omoda- by John J. DeConick but because the lease, Sept. I, 2022. tions equal to those obtainable in he is an incompetent person an or- The property is owned by the larger cities. It has been the cus- der was obtained in Judge Frank Edward Halsey estate. tom in the past for men who conic L. Doty's Court permitting the Sigmund Seitner of Flint has to Michigan to do business with son, Ward J., to make the lease. purchased one Saginaw street The lease calls for $1,500 rent block and bought a long term lease Pontiac's industries to go to De- troit nightly because Pontiac at per month until July 31, 1939, on another. after which the rental will he f 1.- The building at 10 North Sagi- that time offered inferior stopping 152.75 a month for the remainder naw street a-as purchased by Mr. over facilities, he explained. "However, since the completion Products Show 40 Pct. Gain of the lease. Seitner from Alpha Beaudette of Under the terms of the agree- Beverly Hills, Cal.. for approxi- of the Waldron Hotel it is not In Year. With Payrolls ment the Zilbers will pay $10,000 mately *95,000. The frontage is necessary to WO to the larger city. Up 28 Pct. cash and have one of three courses 20 feet and the building is two The Waldron Hotel has 100 rooms, of action in relation to the two- stories. The National Clothing it has over 70 tub and shower baths, soft hot water is furnished Pontiac enjoyed what is de- story building on the property: If Store is the present tenant. E. 1.. Waite sold to Mr. Seitner o every room, there are suites with scribed as the greatest prosperity they remodel the building to the extent of $7,500 they will be re• • 99-year lekse on the property at twin beds and sample rooms are of any industrial city in the coun- The available. The hotel enjoys an et- try, during the last year, accord- funded $5,000 of their $10,000; if 7 North Saginaw street. they erect a new block to cost not ground floor of the three-story ceptionally convenient location In ing to a report just compiled by E. less than 160,000 the entire $10,- building is occupied by the Nisky the heart of Pontiac at Pike, Perry. • (Turn to Page Two). 000 will be returned. If they doshoe store. This firm has a sub-and Mill streets. Pieces of Land In- volved in Rentals Total- ing Millions. Important HOTEL RANKS AMONG FINEST PONTIAC INDUSTRY SETS A HIGH MARK THE MAYOR'S TRIBUTE By CHARLES S. ROCKWELL Mayor of Pontiac. The new Kovinsky Building in Pontiac at the cor- ner of Saginaw and Lawrence streets, is a wonderful asset to our city. A fifteen story building in Pontiac at this tints is ahnost unbelievable, and only a man of great vision, such 104 Jake Kovinsky, could have vis- ioned it at this tints. Mr. Kovinsky is to be congratu- lated on this beautiful structure, and the City of Pon- tiac is very happy to share in the congratulations. A TRIBUTE TO MR. KOVINSKY By Charles R. Talbot, Pdesident People's Slide Bank of Pontiac. The Peoples State Bank Building of Pontiac is indeed an outstanding and permanent tribute to the vision and ability of Mr. Jacob Kovinsky, It is the fulfillment of a dream by it man of action. The City of Pontiac can well be proud of "Jake" and hi:! achievements. We, in the bank, are greatly gratified to have him so closely associated with t.s and to have the benefit of his advice and counsel, The Peoples State Bank Building marks the chang- ing skyline of an industrial city, which is to be second to none in this great manufacturing district of Michi- gan. A TRIBUTE TO MR. KOVINSKY'S INDUSTRY, HONESTY, FORESIGHT By HON. FRANK L DOTY Circuit Judge The Peoples State Bank building of Pontiac, Michi- gan, is nearing completion and is a fitting tribute to the wisdom, industry, honesty and foresight of Jake Kovinsky. This building is a notice, and will continue to serve as such to all the world, that the young man in Amer- ica does not need funds, influence or prestige in order to succeed. Mr. Kovinsky came here with nothing but a strong heart and a will to succeed, and this bank building sim p ly indicates how well he has accom- plished his purpose. We hope this building will tend to perpetrate his memory, to in some way indicate to the future generations the esteem in which he is held by the present. NEW BUILDING TO THE CREDIT OF MR. KOVINSKY, By JUDGE GLENN C. GILLESPIE Of the Circuit Court The new People's Bank Building which is just be- ing completed by our esteemed townsman, Jacob Ko- vinsky, is a credit to the city and a monument to the energy and industry of Mr. Kovinsky. It is one of our outstanding office buildings, and to Mr. Kovinsky be- longs the credit for such a beautiful creation. I count it indeed fortunate that we are able to number Mr. Kovinsky among our progressive citizens. AN EXPRESSION OF ADMIRATION By. HON. FRANK L. COVERT Judge of Circuit Court. It gives me a great deal of pleasure to avail myself of this opportunity to express my admiration and es- teem for my friend Jacob Kovinsky. I have known Mr. Kovinsky for many years, in fact, ever since he first came to Pontiac, a poor Jew- ish boy with no capital but a tremendous amount of energy, a liking for hard work and a desire for ad- vancement. With this equipment he has, in a few short years, attained a position of prominence in this city where he commands the respect and good will of the citizens of Pontiac. He has done much for the advancement of Pontiac, efforts in erecting the present bank building and has given to this city a splendid type of modern office building. therefore, take this opportunity of expressing my friendship for him and hope that he may enjoy many years of active life. FOUR BIG PLANTS REPORT 29 342 MEN NOW ON PAYROLLS Nearly 40,000 men and women are employed in Pontiac's indus- tries, in her wholesale houses, her public utility enterprises and in her larger stores and business firms. The total of 39,:ini which marks a new record fur the city and places Pontiac in fourth place among all the cities in Michigan in employ- ment, is made at a time when em- ployment ordinarily is far from its peak who the city's larger automo- tive plants are just beginning to build up production toward the spring months' rush. Even this reronl total is certain to be far surpassed within the next few weeks. as the larger plants are steadily adding to their payrolls. On April I the Oakland Motor Car company began use of its new foundry, employing approximate- ly 1,550 additional men. The four large industries in Pon- tiac are employing 29,342 men, which is approximately 4,000 more than these plants have had on their payrolls at any one time in any previous year. The Oakland Motor Car company heads the list with 13.042 men employed, an all time record for thin company. The Fis- her Body, Wilson Foundry and General Motors Truck are all at new high levels. The smaller factories of the city, the whokthale houses, public utility companies, the larger stores and affiliated employing groups, such as the Pontiac Real Estate Board, Automotive Dealers' association, the hospitals, the banks, Board of Education, the City and County, are today employing 10,064 men and women. This total does not take into con- sideration the smaller stores not af- tiliated with the Retail 51er:chants' association or the individual offices of which there are several hundred ■ 11 the city, a source of employment shich would add hundreds more to t he 10,000, total listed. Pontiac s tremendous industrial and cbminercial growth is indicated by these employment figures which were revealed today upon comple- tion of an industrial survey made by the Daily Press. Despite the record employment totals, industrial executives in touch with the labor situation state that there is a plentiful supply of labor in Pontiac and Oakland coun- ty to care for all needs. Not only are the larger industrial units adding new men each week but the smaller employers of labor state that they will be adding n,t- terially to their payrolls as the y. or advances, so that by summer 'vont is every indicatiin that at ittabt 45,000 men and women will b e em- ployed by these industr.c• and fi rms. A list exclusive of the four major plants, of companies, firms, etc., which are now employing 1 0 10 or more men includes the following: American Forging & Sockt: Co. Baldwin Rubber Co. Board of Edu.ation. Butterfield Theaters. Chase's. City of Pontiac. Consumers Power Co. Pontiac Daily Press. Eames & Brown. Eastern Michigan Railways. Everett Winters. Fuel Dealers' Exchange. Grand Trunk. Michgan Bell Telephone Co. Oakland County. Pontiac Commercial & Savings Bank. Pontiac Laundry. Post °free. Pyrale Construction Co. Real Estate Employes. Retail Merchants Association. Pontiac State Hospital.