The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1918-07-11

tracts, as they have the contract to
build the Topeka hotel.
In reply to the first telegram of the
State Journal to the North American
Hotel company headquarters at
Omaha, this telegram was received
from the company:
Wiring you report for publica-
ton. We assure you that the attacks
made upon the North American Hotel
company are untruthful and unwar-
ranted You may rely absolutely upon
the statements made in the past and
at this time by the officers of the North
American Hotel company"
The lengthy telegram referred to
above for publication came as above
indicated and, as printed below. ought
to set at rest rumors and unjust and
misleading statements. Meanwhile,
the company's representatives are
busily at work upon the hotel at Ninth
and Kansas avenue, and other repre-
sentatives are placing additional sub
scriptions of the stock in this COM
munity and in Kansas.
The lengthy convincing message
from the North American Hotel COM
pany at Omaha where are its head
quarters, reads as follows:
"On July 8, 1918, the United States
government, thru its capital issues
committee, granted to the North
American Hotel company permit No.
A-794, authorizing the company to is
sue additional securities and to COM
plete the buildings that are now un-
der construction and nearing compile
ton, averring that the issue of such
securities and the continuance of such
building operations are not incompati-
BILE with national interests.
This permit was granted the North
American Hotel company after months
of investigation by the United States
government Capital Issues Committee.
During this period the manage
ment of the company has been prog
ressing very slowly with its buildings,
feeling that it wishes the approval of
the national government.
War conditions naturally bring to
the nation and TO the business inter
ests of the country most unusual trials
and it is with great satisfaction, and
we know it will be received likewise
by the people of Topeka and Kansas,
that this company will stand among
the very few thruout the central part
of the United States that have this
stamp of approval by the organization
of our national government.
The hotels at Hampton, Iowa, and
Ottawa, Kansas, are in the final stages
of completion and will be in operation
very shortly. For these two. as we'll
as for the hotels at Grand Island,
kearney, ScOttsbluff and Ogallala,
Nebraska, practically all the furnish
ings, carpets, silverware, dishes, etc,
have been purchased. Some have al
read been shipped and stored in
! warehouses und-- the permit of ths
Capital Issues Committee.
The buildings above enumerated
will be completed as quickly as possl
BILE consistent with the scarcity of ma
terial and labor.
The building at Sioux City under
direct Instructions from the Capital
Issues Committee must be DELAYED
until after the war.
The government has also request
ed that the coFatany proceed ssowty
with the buildings at Norfolk, Ne
braska, Topeka and Eldorado, Kansas.
AS a great part of the materials neces-
sary for these hotels have already
been purchased the company expects
to proceed with their construction
with such material as they may now
| have, or are able to procure. and will
u ail the means at its disposal, and
in full compliance with the permit
granted by the government Capital
at is ped that with the ma
to,ia' already bought and contracted
| that these hotels may be completed
| with the workmen that will soon be
| released from other hotels in Nebraska
ana Iowa at are nearing completion
THE management of the company
! is lending every effort to this end,
realizing that such action will greatly
enchance the earning power of the
! company.
! 9TH Blackstone hotel. which is a
/ part of the North American Hotel
| company. made a net profit on its in
! vested capital of approximately four
thousand dollars during the mouth of
| May and has made a net profit every
month since being taken over by he
| North American Hotel company. The
profit has shown a steady increase
| fro NTH to month.
| The granting of this permit by the
United States government thru its
! Capital Issues Committee speaks high
| " for the standing of this company
and what it is doing for the communi
ties in which it is building.
| Should any stockholder wish m
! formation on any subject relative to
! the affairs or management of the
North American Hotel company. we
invite his or her presence at the gem
eral offices in Omaha. The affairs of
the company and every part of its
| management are op IL to their lnspec-
| ton at all times"