Show LARGE HOTEL TO TOBE TOBE BE ERECTED SOON Story Seven-Story Structure Pr Proposed Pro Proposed Pro Pro- posed for Valuable Downtown Downtown Downtown Down Down- town Site That Salt Lake Is to have havo another I large hotel In the tho near future Is th the tho 1 rumor that was generally generall accepted in real estate circles last week For somo time Gus Gus- GusS S S. S Holmes of ot the the Knutsford Knutsford rd hotel anti and Frank Knox of ot the tho National Bank of ot the Republic have had under consideration a plan to build a n. seven seven- stor story hotel at the northeast corner of State and Second South streets that will extend to the Grand theater and north almost to the Studebaker Brothers Broth Broth- ers company's compans store on State Stale street Much of of the the capital for the tho large building will probably come from the theE E Eastern stern states The plans aro are now In n the East for tor the consideration of those who are In the matter mat mat- ter Mr Holmes has held a a. fifty years' years lease ease on the proposed site of ot tho the hotel for four tour years year and amI Is renting tho the small shops on the ground on short leases The building operations will probably start this summer summer |