Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1903-05-09
BUYS HOTEL
Col. Fast Interested in big Real
Estate Deal.

H0tel Maryland AT Pasadena furchaseu
by Himself and others-Pfiee Paid
was S2I5, 000-Will Fast Remain In
California; Kumors Afoat that
Such are his Intentions.
The Pasadena Daily News OF a
recent date tells of an interesting
real estate deal in that city in which
Col X. E. Fast of this place is one
oil the purchasers OF the property
which was sold. In connection with
the story come reports that the
Colonel expects to locate in Pasade-
ma and remain there permanently.
Nothing official has been received
from him in regard to the matter
and his friends here hope that the
reports are not true. The article
mentioned above is as follows:
The largest and most important
real estate deal made in Pasadena
in some time was the sale today of
the Hotel MARYLAND, Colin Stewart s
new hotel which has just closed its
first season, the sale being made
through the agency OF E. II. Lock
wood. The purchasers are G. II.
Bauer, r. E. Fast and the Pasadena
Syndicate, the last named being the
owners OF the Casa Grande and
supplementary houses. Prominently
interested in it are D. NJ Linnard,
L. S. Roberts and w. G. johnson.
The exact price paid was $2l5,000.
This includes the furnishings com
plete and the additional lot at the
rear upon which is situated the old
Meharry house, which was purchas-
ed by Mr.. Stewart for servants
quarters.
The property is located at the
northwest corner of Colorado street
and Los Robes avenue and has a
frontage of nearly 200 feet and depth
of 300. The Pasadena Syndicate
already own the remainder of the
block and together with the present
Casa Grande lots have now a
combined frontage of sos feet on
Colorado street IN one of the most
desirable locations IN town.
Immediate possession will be given
and the hotel will be kept open
during the summer. Mr.. Linnard,
the manager of the Casa Grande,
will be. the manager of the new
house The reason for the purchase
is conceded to be the phenomenally
successful season which the Casa
Grande system of houses has enjoy
ed this season, being double that Of
any other season. 1t is a significant
TACT that all the gentlemen interest
ed are guests at the house. Mr..
Fast comes from West Virginia
Mr.. Bauer is capitalist, who has
had property holdings in this city
for the past three ysars, and is
thoroughly conversant with property
values and speculation.
1--WE have not yet decided what the
name will be- said Mr.. Linnard
1--WE are carefully considering the
matter now. We have not yet hac
time to consider whom We shall EN-
ploy. 1t is too early yet for that.
The Maryland was erected last sum
mer and opened for the first time
shortly after the FIRST OF the year. II
contains $50 rooms and is in every
way first class and well furnished. i
closed for the season as hotel Apri
Is, but has since accommodated a few
people,
During his first season here, Mr.
Linnard has proved to be a successful
hotel manager and with the backing
of the wealthy syndicate will un,
doubtedly build up a business for the
east side such as it has never known
in its palmiest days.
This hotel syndicate owns severa
houses in the vicinity Of La Cast
Grande and rented enough additional
ones during the season just passed Il
amount to nearly fifteen.
An eudeavor was made to purchas
both the Guirnalda and the Spalding
but in the end it proved unsuccessful
the present managers and owners de
Gliding that the preferred not to sell
although for a time it was reported
that the deals were nearly closed. l
is also u lderstood that Mrs. Mac
might have sold her large handsom
new house which she leased to tn
syndicate tor the season, bad she care
to do so. The big end Of The hott
business on the east side would seer
to be in a fair way to be controlled b
this hotel syndicate.