Waterbury Democrat., 1902-12-23

nishing and incidental charges may ap- pear to be somewhat insufficient, it is expected that a lessee would bear a portion of this expense; the idea of the committee being that it would be bet ter for the company to lease the prem 1ses than for it to assume the manage ment of the business. Inquiries that have already been received from hotel managers of established reputation in dicate that the company would proba- bly, have no difficulty in leasing the hotel upon satisfactory terms to parties who would be willing to assume a con- siderable portion of the cost of fur nlshing. Respectfully submitted. E. l.. FRISBIE. JR, T. S. ELTON,
 CORNELIUS TRACY. J. R. SMITH,
 OTIS S. NORTHROP. Committee"
 After the reading of the report Chair man White said it was important that it be thoroughly aired and called for remarks,
 l.. A. Platt asked what the commit tee based their conclusions upon when they stated that an investment of $35O,OO0 in hotel would pay.
 MT Frisbie replied that they had looked over different hotels ascer- ta1ned how much was invested in them, what the opportunities for making them pay were and other information of a general character. but that per haps what had influenced their iudg- ment most of all was what had been accomplished in the hotel business in Waterbury,. He knew the ScoviIl house paid. The management paid SS,- 100 year for rent, had but eighty rooms, and yet the gross earnings were about SS0;OO0 per annum. At that time the Franklin house with seventy rooms was running and both were turning people away every other day. A hotel with the capacity of the Scovill and Franklin houses and better accommo- dations could not fail to pay in Wa terbury. While the management of both these hotels," said MT Frsbie. was good, the character of the build lngs was such that they could not ac- commodate all the available patronage. There are people who come here from time to time who would not be scared at $3, $4 or $5 day, provided every thing was what they desired. I must say that in the past hotel accommoda- tion in Waterbury has been of a rather primitive character.
 MT Platt inquired about the price of rent and other things in that line. MT Boyd said one offer had been received rom a desirable party who would be willing to put $40,006 into the furnish lngS and pay an annual rental of S25.- GOO.
 ii. Ii. Peck was of the opinion that 1t the hotel is built the city ought to aDate the taxes on the building for a number of years. He thought it would be all right to pay taxes on the lot. To this MT Frisbie stated that the committee had been assured as far as the present administration can give assurances that the building will not be taxed for some years. This can be done by the aldermen. "I don,f want to state that too positively. but that is the impression I gathered from what I have heard"
 Frank T. Luddington said he thought hotel of 150 or 1S0 rooms would pay. | When he talked of going into the ven ture he was assured that the tax on 1 the building would be abated, or, as the politicians say, that it would be i fixed"
 In answer to a question as to price l of lots, MT Frisbie said that the Scoyill lot at the corner of West Main and | Prospect streets. with 100 feet taken off. would cost S80,00G; the old Scoyill house site $60,000. Each owner would take about one-third of the cost price 1 in stock. All the other available sites are too near churches or schools, so 1 that in case they should be used for a hotel purpose a bar could not be kept.
 Irving Chase wanted to know what MT Reed intended to do, provided his plans had been approved. MT Boyd said he would undertake to raise the 1 funds in consideration of the payment 1 to him of $5,0OO
 "Was his fee Contingent upon the raising of the whole amount?s asked Arhcer J. Smith. MT Boyd replied 1 that it was.
 At this juncture motion that the report be accepted was put and car ried unanimously.
 MT Ups0n then moved a vote of thanks to the committed which was I passed. N. R. Bronson thought some I attention should be paid to the expense incurred by the committee but MI Frisbie said that they considered they l had enough fun out of it to make TIT for what it cost and would pay their l own expenses.
 On motion Of Mr Frisbie it was then voted that George E. Boyd be author ized to appoint soliciting committed of twelve. Afr Boyd to be chairman. tc raise funds for the erection of a hote in Waterbury. Mir Frisbie said tba1 MT Boyd was willing to let the matter of compensation be decided by the di rectors of the proposed hotel company
 Ibe meeting then adjourned.
 After the meeting of the hotel com mittee last night Democrat reporter asked 4. c. Colley if the board of al dermen had the power to exempt a hotel building from taxation and while he was not sure he thought they had not and inquired of George B. Terry what he thought of it. "They can't dc anything of the kind under the present
 charter" replied MT Terry in that blunt way he has for saying things
 Well" said MT Colley, s'the legislat ure- can give them such authority z This seemed to nettle Brother Terry anG he remarked with naughty toss o1 his head. it can but it won't do any such thing. That day has gone by Whether Mr Terry got mad because he thought the legislature should save all it's gratuities for the trolley people
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