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December 31, 1912. "Dime Savings Bank Building, Detroit." 8x10 inch dry plate glass negative, Detroit Publishing Company. View full size.
The Peter Smith and Sons building housed offices for its namesake firm - retail butter, egg and cheese. It was then named for the new tenant, American State Bank. The bank went under in the depression, and it T.B. Rayl's Hardware took over. After Rayl's left, it was renamed the Capital Park Building, and became general offices, then lofts before abandonment in the late 1990s. It has recently been rehabbed into the Capital Park Lofts. The hardware store painted over the Peter Smith and Sons sign, but that flaked off to reveal the original tiles. Additional info.
In 1911 Peter Smith leased the corner of Griswold and State for 99 years. The next year (the year this photo was taken), he built his building which still stands today. The sign "Peter Smith and Sons Co" is still just as clear as it was 105 years ago, because he had the sign set in black tiles directly into the brick façade of the building.
Someone seems to be having a heck of a good time on the 8th floor.
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