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Some time after the business failed the City of Maquoketa, Iowa accepted a gift of the now dilapidated property and began to demolish the ghost of a once grand lady. Many people expressed regrets at losing this unique building, symbol of a beloved company. The Historical Society undertook talks with the City, An 11th hour reprieve was graciously granted, and on November 16, 2004, ownership of the building and grounds was formally transferred to the Historical Society.
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