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Show Proposed New Hotel Creates Much Interest I Wilrh the great impetus giv-.on giv-.on to tourist travel by the advertising ad-vertising being done by the Salt Lake Commercial Club in . Eastern publications; with the j Thistle canyon road now designated desig-nated as a secondary highway, tand the cement or gravel road being extended as far as Morni ; .with the already pressing need i of greater hotel accomodations , in the Hub City; with these . facts to face, an interest has .been aroused in the erection of a new hotel in Mt. Pleasant r which has already culminated in the determination that at i last the new hotel is to be a reality. Although the exact location has not been decided upon, bids are being received from the several interested pro-, pro-, perty owners, and all things 'considered, the best proposition proposi-tion offered will be accepted. No differences of opinion as to location are to be allowed to hinder the sale of the stock or 'erection of the building. The new hotel is to have twenty-.five twenty-.five to thirty rooms, and is to cost about $25,000. 500 shares . of stock at $50 a share are to be ,sold, and a hotel company i formed which will lease the building to a hotel manager Already several thousand dollars doll-ars worth of stock have been purchased, although no spce'ud effort has as yet been made to sell the same. Apart from all reasons of sentiment or of civic pride, an investment in the new hotel company should appeal ap-peal to all solely as a business ! proposition. Following are a ' feAv statements made by some of the business men of the city with reference to the hotel: "I am absolutely convinced ! that the new hotel will be a j money-making proposition. ,I ,am so strongly convinced of this fact that I am willing to buy $500 worth of stock in the company, and that I expect to submit a proposition to lease t the hotel. There is not a better bet-ter hotel town anywhere than , Mt. Pleasant. I, personally,;, know forty trunk men, travel- : ing men, I. mean, who carry j -'with them one to a dozen sam-iple sam-iple trunks, who pass our city iup, and yet who would make , '.our city if the hotel accomada- , tions and sample rooms were (adequate. This is a monej - making proposition." Chn.s. Eatinger, president of The Hub Club "There is no question in my mind but that tin; new hotel is going over, and 1 am sure that it is going over big. I am back of (his proposition to the limit of my. time, my influence, and my means. It must not; it cannot fall through." S.M.I Nielson, president of North Sanpete Stake. "Put me down for live hundred hun-dred dollars worth of that! stock", said Ed. Johnston, president of the State Druggist Association for the past year. . "I believe that the new hotel , will be a money-making propo-i stion and will pay good divid-. ends to the stockholders. But' if I never received a cent of, dividends, I would have myi $500 back in ten years in in-1 creased profits in my business.'' ', "Of course the hotel is go- ing over this time. We are 'not trying to swing such a big j proposition as before, and the need to-day is greater than ever. As soon as the people realize that we are in earnest and united about this thing .there will be more demand for the stock than there is stock to be sold. In all of our meet-,ings meet-,ings held thus far there has not been one dissenting voice. The feeling was unanimous that we had delayed too long already." R. II. Hinckley, former state representative and ex-president of The Hub Club, j Absence from the city prevented pre-vented the securing of statements state-ments from N. S. Neilsoii, W. D Candland, John K. Madsen and others, all of whom have expressed ex-pressed themselves very emphatically em-phatically as being behind the movement for the new hotel, and as being willing to put up their share of the cold hard cash that is necessary to the project. Before leaving for Salt Lake and California Mr. Neilson turned over his check for 25 percent of his purchase of stock which is asked for with the sale of all stock in the new company, the balance is not due until Avithin six months from the beginning of the course of construction. There' is no limit on the number of; shares that may bo sold to anyj one individual, but no one can i purchase less than one share. I |