Here is another old photo from my home town in Cleveland, Tenn. this one was taken in front of the courthouse and you can see the clock tower.
When they were filming the move "Wild River" with Montgomery Clift in 1959 Mr Clift stayed in the Cherokee Hotel at night. He had bad insomnia and couldn't usually sleep. He could sleep in the Cherokee Hotel and he thought it was because of the striking of the clock. He wanted to buy the clock but the city wouldn't sell it to him.
There are lots of stories about Montgomery Clift during the filming of the movie.