Back in the 1940s, everyone in Nevada, Iowa did one thing in their free time. Whether they were children, teens, or adults, they gathered in the classic movie theater. And the place was where everyone went. You can imagine how many first kisses it helped bring about. And when one teen was getting a bit busy during a visit to the theater, he lost his wallet, and it was never seen from again.

Flash-forward seventy-years. The theater, which used to be the premier place to view the latest black-and-white movies, has gone through a lot during the last decades. The building was built in the 1920s and got a lot of use. When entrepreneur Larry Sloan bought the theater, he decided he needed to put a bunch of work into it. So he hired contractors to rip the history out of the place so he could give it a new face. Sloan wanted to transform the old theater into what he called The Talent Factory. His venue would be one part comedy club and two parts performance theater. That’s why he was willing to shell out a lot of money to make the old theater look new again without completely losing all its history and pizzazz.

During his renovations of the old building, Sloan’s men found something interesting in the third-floor balcony. As they ripped the old hardwood floors out, there was something perched on a ledge. And after looking closely, they realized it was a long-abandoned brown plastic wallet.