Arizona republican., 1913-03-27
Largest Hotel ill Southwest to Be Made Second Only to Hotel Alexandria in Los Angeles at Expense of $1OO,OOO
NEARLY DOUBLES
 PRESENT CAPACITY
Plans for Additional Stories
 Are Forthcoming While Directors Announce First
 Annual Dividend of Six Per Cent on Investment

Three stories are to be added to
 the Hotel Adams. Contracts for the
 work will be awarded May | By
 November 100 rooms will have been
 added to the present 200 rooms with
 opportunity for an additional fifty
 being added without delay as soon
 as the needs of the hotel require
 All this and much more was de-
 cidcd upon at meeting of the board
 of directors of tho Hotel Adams com
 pany yesterday afternoon Incidental
 ly upon d paid-in capitalization of
 $250,0oo. the first six per cent divi- dend Was announced, payable on
 April T..
 The announcement that the five
 story hotel, the pride of Phoenix and the southwest, is to be sent up three
 additional stories, assures this city of having the largest hotel of any city it's size in the United States and larger than any HoteI in Los Angeles with the exception of the Alexandria, The improvement will cost about Sl00.o00 and to provide part of the funds for this purpose a bond issue of $75,000 will be fIoated. making with the present bonded indebted ness of $75,00O total of $150,O00 These bonds will be retired in twenty years and represent an amount about twenty-five per cent that of the total cost of the building and it's equip mcnt.
 Plans for the additional stories will be out in d few days. When the building IS it now stands was erect ed provision was made for adding five extra stories when needed A ! temporary roof was placed on the building and the floor for the sixth story was laid All gas, heating l and Water pipes were run to and l through this floor, 50 that there will 1 be but little work in cquipping the new stories in the same manner as l those below
 The eighth floor will not be parti- i toned off for rooms until additional l rooms are required. but for the pre- sent that floor will be turned into q ball room and banquet rooms which will remove the necessity of transforming the first floor dining l room into q ball room frequently It l is planned to have hot and cold water and steam heat in every room some with bath and others without, giving an opportunity of installing a dollar a day price for some of the new rooms.
 The new stories will be of rein 1 forced concrete fircproOf throughout 1 in accordance with the construction of the first five floors. The elevator service will be doubled, an extra shaft having been built for the pur- pose at the time the hotel was started.
 The board of directors consist of | George Nj, Hahn. Dr. R. W. Craig, R. L. Ralke, J. C. Adams and Anna D. Adams. Reports made yesterday show that the hotel is prospering as | indicated by the declaration of the first annual dividend,
 MT. Adams stated last evening
 that when the hotel was constructed 1 the directors decided that it would 1 he wise to build it strong enough to carry ten stories and although the hotel with it's present capacity is amply sufficient to take care of the l traveling public ten months In the year during the months Of February and March the business is abnormal 1 Iy heavy especially in alternate years when the legislature is in session. and the directors decided to build | three additional stories in order to provide sufficient accommodations for several years to come