This High Victorian Italianate building was constructed in 1904 by J.W. Maloney and James Monroe Ferguson. Although the ground floor store front have been altered over the years the building's historic character is evident at the second story which features arched brick work over the windows, an elaborately bracketed projecting cornice and stone copings on the parapet wall above. The first floor has been occupied by various retail stores, the longest occupant being the Sherwin Williams paint store from 1950 to 1988. The second floor housed a rooming house called the St. Elmo Hotel for many years. Subsequent to a briefly questionable period of operation in the 1940's, the name of the rooming house was changed to the Plaza Hotel, under which it continued in operation until the mid- 1960's.
Ferguson and Maloney were both farmers in the Adams area, a few miles north of Pendleton. Judge Maloney, as he was known after being elected County Judge in 1910, sold his half interest to James Ferguson's son Elmer, who later sold that half interest to James. At Ferguson's death in 1921 the building passed to his heirs and continued to be held by the family.
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