The Idaho Springs siftings-news., 1911-12-02

: Hot Springs Deal is Closed
For several months negotiations have been
quietly pending for the properties OF the Idaho Springs
Q Sanitarium Company, including the hot tunnel
baths the natatorum and the realty holdings by
Of young and enterprising citizens, Messrs Joe
Meyer, Jr, and Rens E. Schirmer. Realizing that
5 began working in a thorough business manner and
9 without any grand stand plays. Asa result these
. negotiations came to successful issue on Monday
s when the necessary papers were executed between
the old company and the new one which will be
8 known the "Hot Springs Hotel Company"
5 This company has assumed the entire control
and management. 1t has 80 year lease with option
to purchase 1t is capitalized for 100000. The
officers are Joe Meyer, Jr, PRESIDENT E. A. Thayer,
vice PRESIDENT Rens E. Schirmer, secretary. Mr.
Thayer the manager OF the big Hotel Colorado of
Glenwood Springs and for years had the manage
ment Of the hotels along the line of the Denver &
Rio Grande railroad He brings into the position ripe
experience excellent business qualifications and prac>
tical knowledge Of hotel affairs Mr.. Meyer is one
= ONoAASSo
straightforward and candid methods, his progressive
spirit manifested in public affairs, his integrity
Q geniality and aabity, he has drawn around him
very large circle Of warm friends who have conf
dence in his undertakings Mr. Schirmer is the man.
ager Of the big Newhouse tunnel, the Gunnell
Mining company and the Lone Star mill and has
demonstrated his ability to manage large enter
Q prses He alive to the needs and best inter-
ests OF this community and IN most hearty ac-
2 cord with the spirit OF improvements.
The personel Of the officials is all that could
be desired and gives emphatic assurance Of suc>
cess. They have gone into this deal after mature
Q deliberaton and going to make it a complete
and accomplished business success.
1t is the intention OF the new company to terrace
and Park the grounds and to enclose Soda creek IN
8 walls This in itself will make beautiful and {
highly attractive feature OF our city. They will
build modernly equipped and appointed hotel OF
at least seventy>five rooms The exact site mas !
0 not been determined, but it is probable that 1t
will be located the elevated plat just east OF
the creek and between the naatorium and the .
roeadero @ 1t & is also probable that tex,n;' n6 on'd snd
the hot mineral Water piped thereto. Another
. plan is to increase the capacity OF the present
9 tunnel baths and connect them with the hotel by
arcade.
These are matters that will be carefully con-.
sidered by the management as to the feasibility Of
1t should be cause Of most Joyous Sis sasiae1 ia,
: materalize. 1t is on solid basis. ne men
!; who have been persistent in bringing about these
? long desired conditions should receive the most
hearty appreciation, encouragement and support. 1t
means great future for Idaho Springs. There
8 have been and talks Of deals Tor several
9 years, but it remained for Messrs. Meyer and
g Schirmer to make it a tangible reality. They
g have secured one Of the most promising property
investment in the state. With the, improvements
and Developments they will make, it will become
8 the most popular resort within the confines OF
Q Colorado
The high efficiency Of the waters for health
9 purposes cannot be questioned. ADDED TO this