Salt Lake Telegram | 1909-11-13 | Page 1 | Knutsford Bought by Houston Co

KNUTSfORD bliGHT BY HOUSTON CO S Handsome Hotel Property Sold old but Lease Holds Good D By the thai terms of a contract which hns has been cu entered into between ll the Thompson Cunningham estate of Gloucester Glou cester Mass and aDd tho the Houston Investment Invest meat ment company of this city tho tim Houston Hong Hous ton concern secures the tho ownership o of the hotel building on State and antI Third South streets sheets and the tho prop- prop upon which the beautiful beau building stands tit Tho The deal enl means an expenditure of by the tho Houston com company pan O in Owing to the lile fact that tho thu title to the property i is 5 s still till before eforo tho thu courts it was not 1108 possible to tl sell tho thin property prop erty outright hut but a 5 contract has bat been drawn up between JUlI Judge cJ Dy local ocal attorney for tho thu estate and the tho Houston company whereby where the company corn com pan pany gets eh tho the as soon boon as 15 it is straightened out in iii th the tho court The deal is ono orio one of Ibo biggest t of the the- year Tho rho contract has been Jet let Jeton Jeton letout on out tho the conditions of a It lease c held on tho the building by y Gus Gun Holme proprio proprietor tor of tho the Knutsford hotel This lease is good for about two s Cu vet vot 11 Mr Ir r. r o lO when asked about th tIe the sale salo llo llor of r tho the building n this thi afternoon said that bo ho lund hud heard nothing of it except a t tumor rumor that bail bad ha been een in iii circulation on the tho streets street for tho the past six ix months It has been known that there was s some n with tho the prop but hut it was 19 not known who wn was to get et tho thio control The Houston ou II Investment company O marIn made no statement state meat ment t this afternoon regarding n tho ho matter mat mal ter tel of tho purchase Mr Jr Houston himself him him- self not nol biu being in in tho thu office and no rue one ODe elso clo I o in the thc company in hn having tho tim Lorit Lor- Lor it ity it- to give out a statement of kind l havo been cirl circulated also alsoto alsoto to the tho effect that the Halls bot hotel l cornel corner cor cor- ncr ner which lies diagonally in across tho the street from frum tho thin had been berm sold soll This rumor is ta without tion according to Brothers Heal Estate company which exclusively ex ox- elusively thu thue loral Joral of nf Henry of lr Pa the tho owner of f tho the Mr Ir Tuttle said said Sair this t i afternoon that flint tho the report of thur tho sale alu of tho the Halls hotel property properly is absolutely without grounds