The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-09-28
Meeting Held Friday Eve.
ming at Which Prelimin-
airy Work is Taken Up
MUST RAISE S15O,WO
Several Plans for Proposed
Hotel Presented but Financial
Problem Held Uppermost.

A dozen leaders of the business life
of the city met at the Offices Of the
Orpheum Theatre company on Friday
evening to discuss plans for the cree
tion of new hotel for KenoshR and
while there was no definite action TAX
EN- at the meeting, the general discus
slons of the needs of the city for a
hotel and the best way to meet the
needs is expected to bring some re-
suits in the near future.
Plans for the erection of 128-room
hotel were discussed and plans for
such structure were studied by the
interested parties and it is now planned
to have some revised sketches made
and some revised estimates after which
the plan for financing the movement
will be taken up at another meeting.
1t was the consensus of opinion of all
the men present that if the right plan
for financing the hotel, so that all the
money raised could be spent for hotel
rather than for promotion, could be
worked out, that it would be possible
to get the money necessary.
To Cost Nearly Half Million.
Two suggestions were made at the
meeting. One of them provided for
the erection of hotel with approx
nlately 1870 rooms together with provi-
sions for eight or ten stores in the
building. The other provided for the
erection of the hotel and stores and
along with them great auditorium
with seating capacity of from $500
to 1000 people. The plan for the big
municipal auditorium in connection
with the hotel did not meet with any
great degree of favor. 1t was shown
that the erection of such an auditor
ium would bring an added expenditure
in the neighborhood of $125,000.
Edward Dayton, Fred Dayton and Ed
ward F.. Higgins, who recently pur-
chased the Wulff property at the cor
ner of Wisconsin and Church streets,
were the promoters of the meeting and
this site was suggested for the big
building These men declared that
they were not insisting on this site
and that if some other site met the
favor of the men who are to be inter
ested they would be glad to lend their
aid to the development of the COM
pany and the erection of the hotel.
Need $4,000 in Cash First.
A canvass of mass of figures made
by contractors and financial agents in
dicated that in order to put over the
plan along the lines suggested it would
be necessary to raise $150,000 in cash
in Kenosha by the sale of stock in the
hotel company. With this amount sub
scribed by the people of Kenosha, it
is thought that it will be possible to
provide for the financing of the COM
PAW without paying exorbitant prices
to financial promoters. Some of the
men present at the meeting believed
that it would be possible to scure local
financing of the hotel if the right
spirit, was shown by the people of the
city. Several financial firms in other
cities have offered to take the bonds
of the hotel company with the under
standing that bonds to the extent of
609o of the complete value of the hotel
property will be sold.
Several men of long experience in
the hotel business have shown a will
ingness to join with Kenosha people
in the enterprise and if the money can
be raised, it is certain that there will
be no serious trouble securing expert
enced men to handle the various fea-
lures of the hotel.
It is expected that another meeting
will be called in a fortnight at which
time definite steps will be taken to
name committees to make an effort to
finance the building of the hotel.