The daily sentinel., 1906-11-22
BUYS GREAT HOTEL
IL. T.. Dayic OF the Western Sugar and
Land Company. So Largely In
tCrcStcd in Grand Junction
Pays 100000 for Hotel
In colorado Springs.

The many friends of X. p, Davie,
he former manager of the sugar fac
tory in this city and still a large
stockholder in the Western Sugar and
Land Co, will be Interested in the an
nouncement that Mr.. Davie purchas-
ed for 100000 the Acacia Hotel in
Colorado Springs and viii spend $40
600 at once in making Improvements
IN the big structure.
Regarding Mr.. Davies big pur-
chase the Colorado Springs Gazette
of Tuesday afternoon has the follow
ing to say:
The Acacaia Park hotel. situated
at the corner of East Platte avenue
and North TETON street. was sold
yesterday morning by Willard y.
Burgess. president of the Acacia Park
Hotel and Land company. 10 Robert
p. Davie of this city. for considera-
tion of about 100000 Included in
the deal is the transfer of the four
story Dayie building, 12i South TETON
street, adjoining the Alamo hotel on
the north. 90 feet front by 100 feet
deep, with 43 rooms, and valued at
$685. Work will be begun at
once to add another story to the hotel
building, and it will be finished
throughout queiekly as possible and
opened as a first-class hostelery.
The Acacaia Park hotel building
is three stories high, with base
ment. II has a frontage of 143 feet
on Platte avenue, and runs back 121
feet on TETON street. The property
acquired by Mr. Davie, besides the
hotel building includes land that will
give a frontage of 1853 feet on Platte
avenue. 135 feet on TETON street. and
a depth at eastern end of the hotel
of $50 feet, to the alley.
The hotel was built in 1908 by the
Park Land company. OF
which f. /. Martin. of Colorado
Springs. was at that time president.
It was intended to finish the building
and open it as a hotel, but before its
completion Mr. Martin died and moth
ing has been done toward completing
IL since that time. During the last
TWO years or more there have been
several deals ponding which Indicated
that the property would be taken
over and completed. but until yester-
day none was successful. Several
have been made by hotel
mon to lease the hotel. provided the
owners would finish the building. but I,
hese were not accepted.
Mr.. Davie said yesterday that it IS
possible that he Will organize n com
1any to take over and operate the
1otel but whether this is done or not,
ne will go ahead and spend from
$40. 900 to $4,000 in carrying out
he proposed plan and open the hotel
o the public.
When the building is completed.
lccording to the plans of Mr.. Davie,
[ viii contain 1926 rooms for guests.
md will be furnished in the most
modern fashion. In remodeling the
,uiIdlng the rooms Immediately on
he corner of TETON street and Plat
venue will be rebuilt and made into
Iuarters suitable for a drug store.
The site of the Acacaia Park hotel
s one of the best in the city. 1t is
entrally located, overlooking North
lark, and has ample provision for
light and air on all sides. Its en-
rance is imposing. having a court Of
mple proportions on the Platte ave
ue side. In the rear is another
ourt, built for the purpose of sup
lying light and air. The objection
aised by several who have consider
d buying the property that the pres
Mt building does not contain a suffic-
mt number of rooms to warrant its
roHtable operation will be overcome