William Bell produced a plan for the TIA to build a hall at an approximate cost of 250 pounds. It was suggested another 50 pounds for land, fencing, building and seating. A limited company was formed to develop the concept and arrange the finance.
The hall was built quickly but just as quick it began loosing money and was unable to pay the mortgage. John William Taylor paid the mortgage to the bank out and gave the TIA time to come up with a revenue plan and pay him back which they did after many dances, film and card nights.