Douglas daily dispatch., 1927-05-12
STOCK ISSUE
TO FINANCE
HOTEL HERE.
1863 Shares at $1OO Each
Will Raise Funds for the
Building.
HIRE ARCHITECT
Committee Discusses Sites
And Possible Hotel OPP
orators.

Motions to issue 1900 shares of pre-
ferred stock at $100 share, to engage
an architect and to open negotiations
with the head of a chain of hotels with
view of engaging him as manager Of
the new touris0 nostelry here were
made and seconded last night at a
meeting of the Hotel Executive COM
mittee with subcommittee named 70
investigate and report on various
phases of the hotel campaign. Eighteen
hundred shares of common stock in
the hotel with no par value will also be
issued. One share OF common stock is
to be given gratis with each share Of
preferred stock purchased.
Carleton Monroe Winslow, architect,
who has designed many fine hotels in
California of Spanish and Italian
types and who is considered an out
standing hotel architect will be en-
gagged to draw plans for the local hotel.
Drawings and sketches made by Wins
low are in demand at all times by the
leading magazines devoted to archi-
lecture and building, it was said at the
meeting. The fact that he is drawing
plans for the Douglas tourist hotel is
expected to add materially to it's pres
tige among similar institutions in the
southwest.
Charles B. Hamilton, manager of a
chain of successful hotels, is one of
the chain operators said to be bidding
for management of the hotel here
when it is completed Hamilton is eX-
pected to arrive in Douglas Sunday and
his opinion will probably be asked
relative to several unsettled points
relative to the hotel campaign.
Through deal in which the Alex
andria hotel, Los Angeles, was recently
purchased, Hamilton and Eugene G.
Eppley are partners in chain of
hotels, the properties and leases of
which are valued at $35 100000, it was
stated Connection with such a chain
of hotels would materially benefit the
local hostelry, it is believed.
One year will be allowed for pay
ment of stock purchased in the hotel
it was stated. Payments will be made
on the installment PLAN
George Buxton is chairman OF the
committee on architecture. w. S. Gill
more is chairman of the committee on
incorporation and securities. D. O.
O'Neil is chairman of the committee to
select the hotel operator.
Fred Hubbell, chairman of the COM
mittee on site, discussed various offers
at length, but it was moved that this
committee be given more time to secure
further options.
L. A. Webster, Hockenbury Hotel
system expert, offered advice at various
stages of the discussion. E. W. Graves
presided at the meeting as chairman
of the Hotel Executive committee.
During brief wait Webster read g
letter from one of the men interested
+, in a hotel at Flagstaff, which Webster
was instrumental in having built. The
letter stated the hotel is filled anc
doing a fine business Webster also
read an editorial written on hotels by
! C. B. Forbes, widely known writer. "Nt
| city does justice to itself unless Il
builds an exceptionally attractive hotel
Cities with only ordinary hotels are
avoided. My emphatic advice to ever!
! city which aspires to progress, but
which can not boast of superior hotel
would be to give first attention tt
remedying this serious defect" part o
the editorial stated.