Stockholders Discuss Enlargement of Present Structure at Annual

Meeting, Saturday.

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NEW WING ON

WEST SIDE WILL

PROVIDE 18 ROOMS

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Would Increase Capacity to 50 Beds. – Committee Appointed to Solicit

Subscriptions.

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The advisability of erecting a three-story wing to the west side of the Union hospital in this city, to provide 18 additional rooms and thereby increase the institution’s capacity to 50 beds, was discussed at the annual meeting of the Union Hospital association, held at the Turner hall club rooms, Saturday afternoon. A committee of three was appointed to solicit subscriptions, before further action is taken, as it is desired to have sufficient funds pledged in advance to pay for the improvement. The cost of the addition is estimated at approximately $30,000.

Favors Building

President Jacob Klossner, Jr., who has been a member of the board of directors of the hospital association since its organization in 1914, urged the erection of the proposed addition as a necessary service to humanity. He stated that the hospital is at times crowded far beyond its present capacity, and often those in charge do not know where to place all the patients. He believes that it will not be difficult to procure sufficient funds for the planned enlargement, in spite of the somewhat selfish spirit of the present time. Treasurer F. H. Retzlaff and Director Charles Kuehlbach argued in favor of this assurance before building operations be commenced.

Committee Appointed

President Klossner was authorized to appoint a committee of three to as-certain the approximate cost of a three-story wing to the west side of the present hospital building, which would provide the desired additional 18 rooms, six on each floor, as well as a sun parlor for each story. George Hogen, F. H. Retzlaff and Charles Kuehlbach were named by the president, and they are to report their findings to the board of directors at its July meeting.

Submits Annual Report

Treasurer Retzlaff submitted his detailed annual report, which showed that the hospital is in a very flourishing condition. The total receipts during the past fiscal year aggregated $35,657.25, while the disbursements, including $8,100 paid out for the purpose of retiring preferred stock in the association, amounted to $29,912.86 leaving a balance of $5,744.39 in the treasury. After deducting the sum of $3,870.13 for depreciation on the hospital building, equipment, etc.,there remained a net gain of $1,874.26.Practically all of the disbursements are expended here, according to Mr. Retzlaff, who estimates that approximately $100,000 are brought to New Ulm annually through the hospital.

Assets Are $98,060.86

The amount of common stock out-standing is $25,675, and the preferred stock remaining in force after retiring $8,100 thereof is $18,800, making total liabilities of $44,475. These liabilities are offset by assets aggregating $98,060.86. Deducting the liabilities from the assets, leaves net assets over liabilities of $53,585.86.

More Patients Admitted

The number of patients admitted to the Union hospital during the past fiscal year was somewhat larger than for the previous twelve months. This is also true of the number of births at the institution.

Directors Re-elected

Although declaring that he would rather be released from his duties in favor of a younger man, President Klossner was re-elected as a member of the board of directors, as were Treasurer Retzlaff and William Gluth. The latter, with Mr. Klossner, are the only remaining members of the original board, who have served continuously since the hospital association was organized 11 years ago.

Brown County Journal,

June 5, 1925

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