Show Holiday Mobile Home Resorts Resorts Sells Notes Debentures I Phoenix Ariz Oct 14 Holiday loUday Mobile item Home Resorts Res Rea orts Inc announced this week the sale of of 6 G per cent promissory notes with warrants to purchase purchase pur pur- chase shares of common common com coma mon stock and of G 6 per cent convertible con subordinated subordinated sub sub- debentures In conjunction conjunction conjunction con con- junction with this o offering a stockholder sold shares hares of common stock of the company New York Securities Securities Se Su- Co assisted In the tha financing The company a 11 builder owner and operator of mobile mo ma bile home parks has five parks presently In operation Holiday Spa spaces in Phoenix Ariz Holiday Hills spaces In Denver Colo Holiday Village spaces space nt tit Mesa Ariz Holiday Haven Ha Ua Ita- Ita ven yen spaces at Moab and Holiday Isle spaces nt lit Tucson Ariz The parks at ot Denver Mesa and Tuc Tucson on will be expanded to accommodate approximately 1000 mobile homes each All An of the tho parks have hove recreational facil t files Itle including swimming I pools I In tn 1965 the company company Intends Intends In tn tends to begin construction t of resorts in Colorado Colo Coto Concord Calif and la tn laLas Las Vegas Nev The mobile home industry has lias become an increasingly important facet of the hous Ing lag industry It Is estimated that over 4 million people presently live In mobile homes The sale of mobile homes for the past five has been in excess of 14 per percent percent percent cent of the single family hou hou- ring starts for lor the same per iod sod Sales Sates in 1964 are expected ex to be units up from sold In 1 1863 3 |