The Cairo bulletin., 1906-08-02
CAYOSO AND PEABODY HOTELS
OF MEMPHIS AND THE HAL.
LlDAY OF CAIRO.
ROOMING CAPACITY us
Ten Story Addition Planned for Gay
oso-$5o, 900 Addition to The Hal.
Iday RapiIy Approaching
Completion.


An important development in the
hotel business at Memphis is an
nounced, in which Cairoites play a
leading part. II appears that the two
big hotels in that city, the Gayoso and
Peabody, have been combined under
the management of the Cairo people
the W. p. Halliday Estate, with l.. p.
Parker and j. S. Aisthorpe as the ae-
tive representatives The combination
of these two establishments will give
the Memphis Hotel company a room,
ing capacity of 625 the New Peabody
800 rooms and the Gayoso with its ad-
dition now in course of construction
32J. The Memphis Commercial of yes
terday speaks of the new arrange
ment as follows:
l.. p. Parker and ]. s. Aisthorpe, two
of the proprietors of the Gayoso Hotel.
returned yesterday from New York
city. where they were in conference
with w. p. Halliday, of Cairo, ILL.,, and
Stuvesant Fish. the result of the con
ference being a long term lease OF the
Peabody Hotel property, with the pur-
pose to remodel the building and put it
in shape to handle the hotel business
of Memphis on equal terms with the
pre- ent Gayoso Hotel
Mr.. Aisthorpe was seen at the Gay
$50 Hotel last night by reporter for
/ The Commercial Appeal and talked
freely of the plans for remodeling the
/ Peabody.
we have secured longtime lease
on the property said he and will
take possession September 1. Plans
are now being made by our architects
| for n splendid steel structure to re-
Mace part of the Peabody building. A
ten.story building viii replace he west
part of the hotel This will be 50Xl5f
feet and win be modern in every de
tail
The rest Of the building VII be en-.
tirely remodeled and put in tirst-class
shape. think when the new Peabody
il completed that there will be no
finer hotel anywhere and il will be
one that will furni h the public every
necessary convenience and accommo
dation
Il do not know yet whether we shall
run the new Peabody on the American
or European plan. AT any rate, we
propose to give the public satisfaction
I and feel that we can be on the safe
/ side OF monetary proposition.
Martin sele Talks.
In speaking of the change last nigh
/ Martin rsele had the following to say;
1--WE have no futdre plans at pres
ent While we have the right TO re-
main on the premises until August 81,
we will close down the business with
/ in a few days. as there will be no use
continuing a loss.
When the collapse occurred at the
hotel the attorney for the Peabody
Hotel company held a consultation
with the Isele Brothers regarding the
! lease. and explained that under a
clause in the lease ,ne lease was in
validated. The clause read that in the
event the building was damaged e
the extent of $35. 1000 the le.sses would
no longer he liable - the time this
conference was held Martin Isele was
out of the city and his brother. Jo''
eph Iscle. acting on the advice of his
attorneys notified r. Brinhey Snow
den. agent for the building, that the
lease would be surrendered. The Pea
body Hotel company then continued
business in the building without a
/ lease
When the building inspector con
demned the annex II was announced
/ by MIR. Snowden, in answer TO the in
-pector's notice. that the annex would
be rebuilt. The Iseles. according 10
statement made by Martin l.ela
awaited the decision 10 build and wer,
then assured by Mr. Snowden tina
they would be given time to submit d
proposition looking toward releasing
the building. including the annex.
The Memphis Hotel company in the
meantime made a proposition whie'
the Snowdens considered a good one
and the lease was signed last night
The term of years stipulated in The
lease 1, not known but it is long one
Martin Isele stated last nigh tina
Mr.. snowden told him that the sun
of SIS .0Od would be paid annually fo'
the entire building and that the Mem
phis Hotel company aud the owner
would share the taxes equally.
Good work is being done on ih'
big addition 10 the Halliday Hote
here The walls are up. the interior d
now being finished and the grounds
are being filled. There will be forty
rooms in this addition and ii vii
make The Halliday a $50 room house
one of the most modern establish
ments of its kind in the country IL
every particular. and of ample capa
city to serve all the ordinary needs o
the city for many years To come
To Contractors.
Calm IN Iutv n 1903