Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1891-05-15

liz 1UPll SION I'll VI DbttullOli, tuc ScG-
ting of new industries here by the Staun-
ton Development Co., and the bright future
of the city which is forcing itself Oh the
apprehension OF all, have given birth to a
new and active effort for grand hotel with
all the modern equipments. A number OF
prominent gentlemen have put their ener-
gies to work on it and it is hoped that in a
few days the effort will become SO general
as to deserve the name of popular move
to give our city a magnificent hotel. Last
Saturday the following prominent gentle
men put their names down for the sub
joined subscriptions E. Ingalls,, Presi-
dent G. & o. Ry., S. 600; Andrew Bowling,
$1,000 III. M. Bell, 81 600; r. w. Burke,
81 600: w. H. Weller, 81 900; Isaac Witt,
81 600; J. Fl. Wayt, 81 900; Jed. Hotchkiss,
81 600: Edward Echols, ST 900; I. D. Ran
son, ST 900; M. Erskine Miller, $4,000; J.
w. Bodley, 81 900; Kroder, of the Krodcr
Brass Works, 81 900.
Judge Mclaughlin yesterday chartered
the Hotel Altemonte Company, with Ed
ward Echols, President; Isaac Witt, Sec
rotary and Treasurer, and Messrs Echols,
Witt, Bodley, Bowling and Miller, Di-
rectOrs.
These subscriptions are made to the
Hotel Altemonte Company; no payment is
required until the sum of $10O,00 has been
subscribed, and after that is done the as
seSsments are to be made ten per cent
monthly. The shares are 500 each
To the hotel company the Staunton De-
velCpment Co. give 200 well selected lots,
of which 20 are business lots and $50 are
residence lots, 50X150. In consideration
of this, the Hotel AltemOnte is to he placed
on the Company property and completed
after plans furnished by it within one year
from the LIST of June, 1891. 1t is to be of
buff and red brick with brown stone trim
mings, the interior finished in hard woods,
chiefly of oak, with spacious halls, eleva
tors, electric and gas lights, &C. The build
ing is to he 220 feet long and contain 120
rooms.
The plan of of the Hotel Altemonte Com
Dany has financial recommendations which
makeit exceptionally good. The company
will own 200 good lots. and the other i'm
provement companies here will most likely
forward their own interests by subscribing
to it more lots, which after the erection of
the hotel will bring a good money value
For this new hotel will not only be an ad-
vantage to the city at large but add value
to every Saleable lot in and around Staun-
ton.
1t is rot easy to Overstate the advantages
to this city that this splendid hotel, built
as it will be Oh the edge of the city in rear
of the d., d. & B. Institution, and with
the street railroad running to and past it.,
will bring. 1t will be of immense advan-
tage to our business men in bringing back
the days when so many Southern people
made their summer home here, and throng-
ed our stores. 1t will he an advantage to
the city rs a city and attract strangers
here. AS MI. II. W. Fuller, General Pas
senger Agent of the Chesapeake & Ohio
Ry., writes of it, ''this hotel will have all
the advantages of the Virginia mountain
climate and, what no other resort has, the
advantages Of city, and might be made
an all the year around hotel" Mr..
Fuller adds that 'both personally and offic-
tally will take great deal of pleasure in
giving it all the encouragement l can. 4"
The location of the hotel commands one of
the prettiest views in the Valley and from
its luxurious fittings will do much to retain
strangers here and lengthen their visits.
This movement for hotel which shall
prove of incalculable profit to Staunton,
will, we believe, not only give us an edifice
which will be attractive but which, from
the gifts of the Improvement Companies
to its holders, will be erected on the most
favorable terms of any yet put up in the
new towns.