Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-09-18
STARkWEATHER TO LEASE HOTEL
tentative TERMS Agreed UPON
AT A Meeting HELD YESTERDAY
Hotel Directors Plan New Campaign to Sell
Additional $l5O,000 in Stock; Lessee VIII
Spend 100000 on Hotel Furnishings; Con-
struction to Start Without Delay.

The will of Albuquerque to ag-
gressively push the project of a
new hotel, was emphatically reg
istered at a meeting of directors
of the Albuquerque Hotel COM
pany, advisory board, and r. *.
Starkweather, prospective lessee,
held in the chamber of commerce
last evening. AS a result of the
meeting, it was definitely decided
upon that Mr.. Starkweather vii!
lease and operate the proposed
hotel, upon basis tentatively
agreed upon, and that new CAM
paign will be undertaken, beginning
at once, to sell an additional Sl5O,-
600 in stock and begin construc-
ton of the building at the earliest
possible time.
The meeting last evening lasted
nearly two hours and followed sew
eral conferences held during the
week between Mr.. Starkweather
and a special committee represent
ing the hotel company. Mr.. Stark
weather was for number of years
lessee of the Savoy hotel in Denver,
and for eleven years before taking
over that house, was a manager OF
hotels for tie Fred Harvey people.
All over the mountain states he IS
known as a successful hotel ope-
rator and the hotel directors were
not backward last night about eN"
pressing their qualification at op-
tanning a lessee who is financially
able to undertake the proper equip
ping of the hotel building and VINO
has the reputation and has had the.
experience required to make the
new project a success from It's
opening day. Before going into the
meeting yesterday, MI STARK
weather had spent a week yin AL
buduerque, this being his second
visit here during the last ninety
days. He made a very cafelul
study of conditions in Albuquerque
with reference to the hotel sltua-
ton. studied the site at Sixth street
and Central avenue, examined ths
plans and otherwise famlAarlzed
himself with matters pertaining 10
the project.
Enthusiastic Meeting.
Participating in the conference
last evening were men VINO nave
felt the pulse of Albuquerque; Who
are thoroughly alive to it's need
for a new hotel building and VINO
nlaced themselves unequivocally on
record in favor of finishing the 1op
of financing the project started
some months ago, and which was
allowed to lag somewhat during the
summer months. The tang of fEe
fall air had something to do with
the renewed dedication by the dl-
rectors yesterday of their powers
toward completing the project Ire
atmosphere of the chamber OF com
merce, too. had something TO 40
with the registration OF the VIII -
do and to achieve, many IKE pro-
iects OF vast Importance 10 alpu-
duerque having been conceived anu
outlined in the rooms which for,
quarter of a century have been tne
meeting place of the men VINO
started things for Albuquerque ana
who carried them through.
Those Present.
Presiding over the meeting was
Louis Ilfeld, president or the Al
buquerque Hotel company. Present
were ]. B. Herndon, president OF
the State National bank: David
Rosenwald. head of the house OF
Rosenwald, New Mexico's greatest
department store; J. E. Cox, secre-
tary of the First Savings Bank and
Trust company: A. l.. Martin, di-
rector of the Citizenss National
bank: Sidney M. We'll, promoter OF
the Santa Fe and Northwestern
Railroad company, which will pro-
vide Albuquerque with an outlet
to the immense resources of San
doval county; Wallace Hesselden,
president of the Superior Lumber
and Mill company; DR.. NJ. *.
Wylder, former chairman of the
county commissioners; Henry G.
Coors, president of the Kiwanis