A group of ghost hunters investigate the Cotton Exchange Building.

The Cotton Exchange Building was built in 1894 and carries with it a history some ghost hunters find worthy of investigation.

"It is the oldest building in downtown Temple that is still standing," the building's Co-Owner Andrew Allen said.

Allen said it's been through its share of uses.

"It's been everything from a saloon. There's rumors it was a bordello. There's rumors that during prohibition it was a place to hide alcohol," he said.

	Ghost Hunters
For more about the Central Texas Paranormal Society, or Austin's own Central Texas Ghost Hunters, click the links.

Now the building is rented out as an events center and also houses the office of N2 Magazine.

"This building has been so friendly to us, to tell you the truth," Allen said.

Because of its long history, the Central Texas Paranormal Society wanted to investigate.

"85 percent of claims of a place being haunted can be explained, OK. It's the 15 percent that can't. That's what we try to document," CTPS Founder Ken Hotchkiss said.

They use plenty of equipment and technology to do just that, once the lights go out.

		WATCH THE VIDEO
	Ghost Hunting News 8's Bonnie Gonzalez spent the night with the Central Texas Paranormal Society, as they investigate a building that's been around since the 1800s.

"These Sony cameras are to be used in total black. Everything has infrared on it," Hotchkiss said.

Cameras are set up in each room to capture any unexplained movement.

The ghost hunters started on the first floor taking pictures, and looking for anything strange like bright lights or mist.

On the second flood with voice recorders, CTPS members held an electronic voice phenomena session.

"It's when somebody asks a question and they don't get a response. Well digital picks it up in a different frequency than a human can hear," Hotchkiss explained.

	CTPS uses special equipment to search for signs of paranormal activity.

Investigators said they've discovered something they want to look into further.

In one room upstairs they said they heard the voice of a whimpering woman.

They have hours of evidence to review before presenting their findings to the owners, at which point it's up to them to decide whether there is something beyond the grave lurking in the old Cotton Exchange.

While CTPS members are real life ghost hunters at night, most of them do have day jobs.

One is a firefighter, and another member is a registered nurse.

The Central Texas Paranormal Society does investigations year round across Central Texas and they do it all for free.