The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1917-12-12
Big Earnings in Good Hotels.

Big Earnings in Good Hotels.
Sioux City, Ia, Nov. is, 1917.
Dear Sir:-with reference to the
North American Hotel company, beg
to state that 1 am thoroIy familiar
with this company and its plan of
operation, its system of management,
and am personally acquainted with
the officers, directors managers and
principal stockholders of the company,
and am able to give you detailed in
formation as to the condition of the
company's affairs.
I became interested in this company
in the early part of 1917, after con-
Quoting most careful investigation
of the affairs of the company, at
which time not alone looked up the
personal character of each officer ana
director, but Investigated the various
cities in which the company was
building and financing hotels.
That my investigations resulted
most favorable is shown in that it re-
suited in my subscribing to $4,000
worth of the six per cent participating
Preferred Stock in this company.
That there is money in the hotel
business is a well known fact. 1 have
| been in this business for more than
twenty-four years--in fact, it has been
my life work, and my knowledge is
the result of actual experience.
I could mention many men to you
thruout this section of the country
who have made fortunes in the hotel
| business, but l will give you a simple
statement of facts with reference to
my interest in the Martin Hotel com
pany of this city.
On the 10th day of September, 1912,
, 1 invested $4,000 in the stock of
that company. Several Sioux CITY
men--bankers, manufacturers and
business men-were at that time in
terested with me.
The first year resulted in a profit
to me personally of over twenty per
| cent on my investment.
The second year 1 made more than
thlrty-six per cent dividend or interest
on my money invested in stock of
| that company.
The third year my share of the
profits amounted to about eighty r,er
cent on my Investment
AT that time an eastern hotel COM
pany made the others and myself a
very large and tempting offer for our
interest in the hotel, which later re-
suited In a sale of my holdings for the
sum of $3s, 0O0--a profit to me of
, $2S,000 on my original investment OF
$4,000 of stock in that company
this besides all the profits already
above enumerated.
From this you will see that durina,
! the three years 1 made on an invest
ment OF $4,000 more than $4,000
net profit.
This was done at a time when the
hotel business in Sioux CITY was far
from being what 1t is today. Since that
time Sioux City has grown in popu-
lation, and the demand for a hotel Is
IN my opinion, greater today than
when the Hotel Martin was built
Nv 1arwz< t. - n.
which, as stated above, covers more
than twenty-four years OF actual work
proves to me that the North American
Hotel company with its chain system
of operating many hotels presents one
of the greatest opportunities for money
making today, and it is my opinion
that an Investment in this company
will prove exceedingly profitable to
| those interested.
If one single hotel, as above OUT
lined, with its overhead management
all charged to that individual hotel,
and with it's small buying power. can
make the profits stated above, what
can be done with company now fl
nancing and building to control and
operate as many hotels as the North
American, where the many hotels will
be under one organization and one
central overhead expense, where one
/ buying organization will buy for the
many hotels in one unit.
l have no hesitancy in saying that
all the money I find available will be
| invested in the Preferred Capital
stock of this company. I have unlfrn-
tied faith in the hotel business; have
unlimited faith in the North Amerf-
can Hotel COMPANY know the men
connected with It are honest and ca
pable: I Know that they can do what
they set out to do. / have no hestf-
fancy in recommending it to you as
the best opportunity that ever pre-
/ scented itself. Very truly yours
w r NATION