Memphis seeks $1.5 million hotel with outside investor stock
Tri-State Hotel Building Company plans a first class Memphis hotel with $750,000 reserved for investors from Mississippi, Arkansas, and Western Tennessee. About $200,000 may be set aside to accommodate non Memphis buyers. John T. Walsh invites inquiries and subscriptions via wire or letter through North Memphis Savings Bank.
MENTIONED IN THIS ARTICLE
Tri-State Territory
Memphis
Chamber of Commerce
Tri-State Hotel Building Company
Mississippi
Arkansas
Tennessee
John T. Walsh
North Memphis Savings Bank
Four Square proposes new Arlington Hotel site in Memphis
The Tri-State Hotel Building Company buys the Arlington Hotel site at Adams Avenue and N Main Street Memphis to build a twelve story hotel with 438 rooms. Construction cost estimated at 1.5 million dollars funded by stock and a 1.5 million dollar bond issue. An operating company led by J A and Martin Isele will lease the hotel, pay taxes and upkeep, and guarantee 6 percent dividends to stockholders. Bonds paid in 25 years with sinking fund. stock expected to double in value after bonds are paid.
MENTIONED IN THIS ARTICLE
Tri-State Hotel Building Company
Chamber of Commerce
Arlington
Adams Avenue
N. Main Street
Main Street
Memphis
J. A
Martin Isele
Vetran
These Men Are Directing This Enterprise
The Tri-State Hotel Building Company is led by Memphis businessmen investing their own money. John T. Walsh serves as President, with I. Block as Vice-President and J. A. Isele as Treasurer. Directors include C. C. Reed, Carl Renkert, H. T. Winkelman, Martin J. Isele, and Henry Craft, with new directors added George R. James, June H. Rudisil, and H. R. Chears representing investors and Chamber of Commerce interests. Representatives from Arkansas, Mississippi and West Tennessee will join as directors, expanding regional representation.
MENTIONED IN THIS ARTICLE
Tri-State Hotel Building Company
Memphis
John T. Walsh
Walsh
North Memphis Savings Bank
Shelby County
I. Block
Building Company
Big- Block Mercantile Company
South
J. A. Isele
Arlington Hotel
F. B. Hunter
Frank B. Hunter & Co
C. C. Reed
Reed & Duecker
Carl Renkert
A. Renkert & Co
H. T. Winkelman
Winkelman Baking Company
Martin J. Isele
Henry Craft
George R. James
William R. Moore
H. Rudisil
Memphis Coal Company
H. R. Chears
Chears Floor and Screen Company
Chamber of Commerce
Arkansas
Mississippi
West
Tennessee
Executive Committee Members Named for Hotel, Chamber Activities
The executive committee overseeing preliminary organization and stock sales was chosen jointly by the hotel company and the Chamber of Commerce convention division. Members include John T. Walsh I D Block C C Reed J A Isele Henry Chaft H R Chears Dr E E George E W Ford H J M Jorgenson T B Hooker with affiliations to North Memphis Savings Bank Bry Block Mercantile Co Reed & Duecker Arlington Hotel Attorney at Law Chears Floor & Screen Co Central Y M C A Memphis Street Railway Jorgenson Bennet Mfg Co Myers Hooker Insurance.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
John T. Walsh
North Memphis Savings Bank
I. D. Block
Bry-Block Mercantile Co
C. C. Reed
Reed & Duecker
J. A. Isele
Arlington Hotel
Henry Chaft
H. R. Chears
Chears Floor & Screen Company
E. E. George
Central Y. M. C
Plans Endorsed by Tri-State Chamber for Memphis Hotel
The Chamber of Commerce endorses a Memphis hotel project by the TRESTATE HOTEL BUILDING COMPANY. Subscriptions exceed $500,000 with the Memphis portion likely fully subscribed before week’s end. Merchants and Planters are urged to wire or mail subscriptions to Mr Walsh immediately, with every dollar going into the building.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Memphis
Mr. Walsh
Subscribes to Tri-State Hotel Stock Plan with Installments
The undersigned agrees to subscribe for shares at $100 each in the Tri-State Hotel Building Company. Payments are split into four 25 percent installments on April 1, July 1, September 1, and November 1, but no payment is due until $700,000 in stock is subscribed and chartered. This notice lists the subscriber’s address.
MENTIONED IN THIS ARTICLE
Tri-State Hotel Building Company
Local Friends Report Recoveries and Travel Notices
The article lists numerous residents and their comings and goings. Mrs T E Johnson improves rapidly after a months long illness in a local hospital and will soon return home. Several families send well wishes as relatives travel for illnesses and holidays.
MENTIONED IN THIS ARTICLE
T. E. Johnson
J. H. Boucher
Duncan
Oxford
Julian Lett
A. C. Bramlett
B. Goodwin
Also Mentioned on This Page
Executive
E. W. Ford
Memphis Street Railway
Memphis Chamber of Commerce
Tri-State Building Company
Trestate Hotel Building Company
J. T. Walsh
Memphis, Tenn
Lynwood
Mauldin
Will
S. D. Blake
Ashville
N. C
Neice
Kate Skipworth
Charlie Nelson
Lafayette Springs
Monroe Lawhorn
Jack Hale
Tulsa
Okla
Will Hamilton
de. Leon
Texas
Hamilton
C. J. Lawhorn
James Kirkwood
R. L. Kirkwood
G. McLarty
J. H. Lawshee
John Bennett
Haliver
Will Bramlett
Effie
Philadelphia
Jessie Bramlett
Atlanta
Julian Bramlett
Enid
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