The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1917-09-08
THE NEW HOTEL.


to it to secure modern, fireproof,
first class hotel worthy of the city and
equal to the best hotel that can be
constructed and operated, rivaled only
in size by any other hotel in the coun-
try.
The North American Hotel company
proposes to build a ten-story hotel
on the three lots at the northeast cor
ner of Ninth street and Kansas ave-
nue., directly opposite the old site of
the famous Copeland and facing
toward the state house; to spend
thereon not less than half a million
dollars and to have the hotel built
and in operation by the time of the
meeting of the next session of the
Kansas legislature; that is, by Janu-
ary, 1919.
The North American Hotel COM
pany owns and operates the new
ern hotel in every respect as to con-
struction, convenience, equipment and
management.
1t also owns and operates a beauti-
full new hotel at Harrington, Neb., and
is constructing hotels at Grand Island.
Kearney, SCOTS Bluffs, Norfolk, Neb..
and Sioux City, Ia These hotels are
all to be of steel and reinforced con-
crete, modern in every respect, vary
ments of the city
The North American oHtel com
pany goes into no city unless there is
a crying demand for such hotel as
they build, and unless the prospect is
one of profit and satisfaction to them
selves and the community.
AT Grand Island and Kearney the ho-
tells are under construction and up as
far as the third and fourth stories; at
Norfolk the site has been secured but
actual construction not vet begun: at
Sioux City the ground, $50 feet square,
has been purchased: at Topeka an
agreement has been made to purchase
the site and construction will begin
on demolishing the old buildings and
putting in the foundation before win
ter if Topeka, within the next thirty
days, takes its allotment of the in
vestment
The greater part of the funds will
be supplied by the North American
company, which will construct the
hotel. If there are no lower bids than
the price for which it can erect the
building. The company will eouip
and furnish the hotel and manage it.
1t has its own financial department.
architects craftsmen, superintendents
and hotel managers
| The architect is F. w. Fitzpatrick.
who has been the architect of several
of the greatest hotels in this country
including the recently opened magnif-
icent Hotel Davenport at Spokane.
Wash.
The general hotel manager. who
now manages the Blackstone at Oma-
ha and will have general charge of
all the hotels of the company, is Mr..
John F. Eetton. an experienced hotel
man, widely known TO the travelling
public and recently the successful
manager of the big new hotel Fonti-
nellie at Omaha from which position
he resigned August l to go with the
| North American people.
| The North American Hotel company
| is backed by the Bankers Realty In
vestment company of Omaha, a well
established institution, with assets July
| 1 Of S23290OO The president of this
company and the head of the North
American Hotel company is Peter
| Elvad. man of recognized financial
and business ability and experience
| His organization includes about thirty
| five people specially selected for their
/ ability in the respective departments
!
: The company asks Topeka people
to subscribe 100000 in the genera
preferred stock of the company, which
is guaranteed to pay per cent inter
! est from the time the stock is pur-
chased. The surplus of the company
its resources and going institutions
enable it to pay per cent interest tc
the investors from the time the money
is put in and without waiting for the
construction and operation of the no.
tel at Topeka.
The proposition has been thoroly in.
vestigated by shrewd business mer
who regard the stock as an investment
aside from the value of the hotel te
the city itself.
1t is the sanguine belief of those
interested in Topeka that two thing.
will put on added growth to this city
and make it one of greater import
ance: those two things are just sucf
d
concrete or other hard-surfaced road.
leading out from Topeka in all direc
tions.
The North American company does
not ask from the local subscriber any
money until it has taken over and
completed the purchase of the site
then one-fifth of the subscription is
asked for; the remainder is paid il
installments the construction goes
on.
A number of Topeka people have
recently visited the Blackstone hote
at Omaha and are aware of its facili
ties and management. Among these
visitors are David Bowie, f. L. Cope
land. Frank p. MacLennan and J. vii
Kelley.
Five of the gentlemen counecte,