The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1922-11-04

Completion of the, contract with
lessee concludes final details for con-
struction and operation of the hotel
The building. which is now under con-
struction. is to be completed and ready
for occupancy August l. Long before
the hostelry. is opened every provision
for furnishing and operation of the
hotel. as well as for lease and rental
OF shops and concessions VIII be taken
care of. RemIer expects TO come to
Topeka at once and will give personal
attention to detailed plans for furnish
ing and operating the big new hotel
He will later MAKE Topeka his perma-
nent home.
Fverv provision for both protection
cf the hotel company in the matter or
prompt opening and operation of the
hostelry as we'll as for future returns
to stock Investors is made in the
lease. Sixty days before the building
is completed RemIer is required to
provide 100000 of the minimum cost
of furnishings
Pays $4,000 n Year Rent.
Under the twenty-year lease con-
tract Remler pays to the hotel COM
pany a rental of $4,000 for the first
year. $50 600 for the second year, SS5,-
900 for the third year and 100000 for
the fourth and all succeeding years
Rentals are to be paid monthly in ad-
vance and to begin when the structure
is ready for occupancy
Peter c. Remler, who secures the
Hotel kansan lease, formerly operated
the Hotel Lamer at Salina and for the
past few years has owned and oper-
ated the Hotel Booth at Independence,
the Hotel Faye at Parsons and the
Hotel Drake. at Carthage, Mo- All of
these hotels have been highly success
full under Renters direction and man
agement.
Early in September when it was an
nounced that work on the new $780,
600 Hotel Kansan was to start i'm
= q o
Mosby of the National hotel in Topeka
would be the lessees. tentative
agreement had at that time been en-
tered into between the hotel company
cluded a share in the profits by the
lessee Later it was mutually agreed
by the parties to eliminate the profit
sharing provision. Negotiations were
then entered upon for a straight lease
but the parties were unable to agree
upon details and further negotiations
were recently given up.
A number of prominent hotel men
have sought the Hotel Kansan lease
From the list. tho, Remler was
selected by the hotel company and
lease was soon made.
The Lease in Full.
Following is the lease with Remlsr
as recorded today in the register OF
deeds office
Hotel Lease From the Kansas Hotel Com
pany to Peter c. Remler.
Topeka, Kansas. this 25th day Of October.
1922 by and between The Kansas Hotel
Company, a corporation. organized and
existing under and by virtue of the laws
OF the State CT Kansas, as lessor. anu
Peter C Remler, as lessee. witnesSeth:
That said lessor is building a hotel on
Lots 2O2- -2O4- -2O6 and 20S on Kansas Ave
nue.. in the City of Toneka, Shawnee
County. Kansas. which shall be known as
The Hotel KaPsan, to be completed by
September !. 1928. and to conform to plans
and specifica tions now being prepared by
Shepard & Wiser. architects. of KANSAS
CITY Missouri: said hotel to be u ten
story and basement. reinforced concrete.
brick and stone. fireproof building. as
shown on the drawings and described in
the specifications prepared by said archi-
tects, and to contain approximately three
hundred (300l rooms
This lease is for and in consideration Of
the rental to be paid TO said lessor by
said lessee of $4,000 for the first year:
SSOOOn for the second year: $50 for
the third year: SoO0OO for the fourth year.
ana $4,000 each year thereafter. during
the term Of the lease Of twenty l2ol years.
(continued on Page TWoJ