Gilpin observer., 1909-08-26
TO BUILD A HOME
FOR The POOR
GREAT sTRATToN ESTATE GOES
TO PURCHASE OF BROAD.
MOOR LANDS.
IS EXCLUSIVE SUBURB
DREAM OF THE DEAD. MINING
KING is BEGINNING TO
BE REALIZED.

Colorado Springs.-Formal transfer
has been made of the holdings of the
Broadmoor Land Company to the In
ternational Realty Company, STRAIT
ton estate corporation. The deed
placed on record in the office of the
county clerk shows that $S5O,oOO was
paid for the land.
The land, comprising approximately
2,S0O acres. is to be the site for the
Myron Stratton home, and work on
the institution will be begun in a
short time. 1t is understood that the
original Broadmoor townsite, which is
the most exclusive suburb of Colorado
Springs, is to be maintained intact.
The Stratton estate was unable to
make the deal without buying all of
the holdings and what Is known as the
farm" land toward the south and east
will be the site of the home.
D. v. Donaldson negotiated the deal
with Arthur Shepherd of Edinburgh,
who is the head of the syndicate that
owns the Broadmoor land.
s.jsGeneral satisfaction is expressed
with the site selected for the home, as
it lis conceded to be the most CON-
.manding. and desirable in this region.
The farm lands are under cultivation
and are admirably adapted for the pur
poses of the home, which is mainly to
provide an industrial home for home
less children.
The transfer marked another mile
stone in the realization of w. s. STRAIT
tons determination to build a home
for the poor. That his executors are
making all possible haste to bring
about a full realization of the dead
mining kings plans has been indicated
for some time. and practically moth
ing now remains in the way.
DIR. D. H. Rice, the executor, who
was closest to Stratton in life. per
haps, knew that it was Stratton's idea
to, in the main, provide for helpless
children, and. accordingly. the Myron
Stratton Home will be modelled along
the line of Girard College, founded by
Philadelphia philanthropists. That in.
stitution more nearly meets the ideas
OF the Stratton executors than any
other institution, perhaps. in the
country. The industrial features are
to be emphasized, and, while worthy
cases among the aged and enfeebled
will not be ignored, the home will be
principally an educating institution
for orphans.
Already the bulk of the Stratton
estate has been turned over to the
trustees for the home. They are DR..
Rice, Tyson Dimes and William Len
nox. Only enough of the estate will
be retained by the executors to offset
the minor litigation that is still pend
ing and which will in no way entail
the home project.
When it became known few
weeks ago that trustees for the home
were negotiating for the Broadmoor
land, general interest was expressed
in what would become of the exclu-
sive residence section. The question
is answered by the announcement
tnat the original townsite of about 500
acres will be preserved and the Ca,
sino may continue to be operated as
pleasure resort, though this is a
point to which the executors have not
given consideration. In any event
the home will be located farther down
the Fountain valley and on ground
specially adapted to agricultural pur-
suits II is known that the trustees
have their plans well in hand and it
may be stated that actual work on
the building will be begun as soon as
some minor details can be arranged.
The residents of Broadmoor express
delight with the consummation of the
deal The International Realty Com
pany is amply able to keep up the
beautiful grounds of Broadmoor and
1t is reasonable to suppose that many
Improvements are contemplated for
the townsite after the home project is
further under way. 1t was general
comment here tonight that the acqui-
sition of Broadmoor by the Stratton
estate would mean an even greater
improvement and more rapid advance
in values than has marked that sec
tion, and set it aside as the abode of
millionaires.
Mrs. Grace Depew has let con-
tract for $l25,000 bungalow which
is going up within a stones throw of
the casino and which will contain
eighty-four rooms and be the most
magnificent country house herea.
bouts b. j. Allen is erecting a costly
mansion on Broadmoor ground. Chal.
oner B. Schley, the New York bank
er. short time ago completed pal
atial residence there. The Baldwins
have their palace and a reproduction
OF Marie Antoinette's Grand Trianon
overlooking a beautiful lake in the
very heart of Broadmoor, and the
Cheyenne Mountain Country Club,
the abode of the most exclusive social
organization. also has expansive
grounds there.
The Colorado Women's Baptist Col.