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Salem Hotel Corporation

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Salem State University
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Books & Pamphlets Archives and Special Collections
1923
Salem's New Modern Hotel
Salem Hotel Corporation
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Recommended Citation
Salem Hotel Corporation, "Salem's New Modern Hotel" (1923). Books & Pamphlets. 36.
https://digitalcommons.salemstate.edu/books_pamphlets/36
Salem's 
New Modern Hotel 
TO BE ERECTED BY 
THE PEOPLE OF SALEM, MASS. 

A TRUE COMMUNITY ENTERPRISE 
A STATEMENT 
by the Chairman of the Executive Committee ,-r HE NEW HOTEL for Salem will be thoroughly 
modern and up-to-date, embodying every refinement 
· of hotel construction and economy of operation with 
efficient service to its patrons. 
FINANCIAL PLAN 
The estimated cost of erecting and equipping the Hotel, including 
the gr01:lnd, furnishings and carrying charges, is $750,000. The com-
mittee of citizens ·charged with the financing- of the project for our 
community, provides for the sale of 6% cumulative preferred stock, 
preferred both as to assets and dividends. Dividends to be payable 
semi-annually, with the privilege to the company of retiring said stock 
at $110 per share and accrued dividends at any dividend date. This 
stock shall be sold at par, $100 per share. In event of default of 
dividends for three consecutive years, preferred stockholders to have 
the same voting privilege as common stockholders until all dividends 
are paid. If necessary, a mortgage is permitted, which the committee 
believe can be negotiated in Saleni. 
With each block of two shares of preferred stock subscribed and 
paid for, the subscriber is entitled to one share of common stock, 
without par value, at a nominal cost of $1 pe1· share. Both preferred 
and common stock are to be fully paid and non-assessable. 
•l'he American Hotels Corporatio;n is ready to close a thirty-year 
contract to operate the hotel. Fifty p er cent of the stock of this 
corporation is ownf'd by the United Hotels Company. The same 
group of m en are officers and directors in both companies. 
Earnings on modern hotels justify the statement that the investor 
should receive 6% dividends on the preferred stock and a fair return 
on the common stock. 
Payments on subscriptions cover a period of eighteen months. 
The first payment of 10% being due on August 1st, 1923, and 10% each 
two months thereafter until Febnmry 1st, 1925, when the final pay-
ment will be due . 
. The executi,·e committee and citizens of the organiza tion will pur-
chase stock on an equal basis with every other purchaser. 
It will be a community affair and every citizen will be given an 
opportunity to participate in the purchase of this stock during the 
week of July 16th to July 23rd. 
The executive committee, as well as every one of the 200 salesmen 
participating in the success of the New Hotel project, a sk for the 
loyal, practical and enthusiastic support of every public-spirited resi-
dent of Salem. 
... 
• 
Chairman of Execiitive Committee. 
AN INT!ESTMENT IN SALEM'S FUTURE 
SALEM'S OH'N IIOTEL 
A TENTATIVE SKETCH OF SALEM'S NEW HOTEL 
EVERY CITI ZEN A S T OCL{ ITOLDEB 
OTHER CITIES HAVE; SALKM MUST 
· Salem Needs a New Modern Hotel 
-l":"J""HE determination to erect a new, modern hotel for 
1_· the city of Salem followed a thorough investigation 
of our hotel situation as compared with other cities 
of our class. 
The growth of Salem in manufacturing and r.etail busi-
ness has attracted hundreds of prospective hotel patrons 
in the form of sales representatives every year, who have 
been forced to go elsewhere to seek hotel accommodations. 
The ever-increasing number of tourists compels us to 
look not only to the p:r:esent but to the future. 
Civic progress o{ any city is marked by the manner in 
which it meets the growing needs of the community along 
every line. 
The fact that Salem has not increased its hotel facilities 
in many years has enabled other cities to increase theirs at 
Salem's expense. 
' 
The present and future requirements of our city must 
be anticipated today. If Salem is to continue in prosperity, 
the foresight of its business men must be converted into 
action. 
The week of July 16th to July 23rd is the occasio~ for 
that action. 
SALEM NEEDS YOUR CO-OPERATION 
WE'LL BE PRO UD OF' OUR NEW BUILDING 
VISIT ORS WILL El'-'TOY THE HOSPITALITY OF SALEM AM ID 
SUCH PLEASANT SURROUNDINGS 
THE LOBBY OF A CITY'S MODERN HOTEL IS REALLY 
A CITY'S RECEPTION ROOM 
A PLEASED YISITOR I S A BOOSTER 
WE B UILD FOR SA LEM'S FUT URE 
, A Few Distinctive Fentures of the 
New Mode1n Hotel 
IN the New Hotel no single detail will be omitted which has been found necessary to make a hotel thoroughly 
modern and efficient from every viewpoint. 
George B. Post & Sons, note_d hotel architects, who 
are the architects of the new Statler Hotel to be locatE:d in . 
Boston, and The Roosevelt Hotel for the United Hotels Com-
pany in New York, have been secured as the architects. The 
firm of Smith & Walker of Boston, of which Philip H. Smith 
of Salem is a member, has been retained as consulting 
architects. This gives the assurance of a modern, up-to-
date hotel adapted to the needs of Salem. 
The views in this booklet will convey_ better than words 
what a typical modern hotel is like. The objective is not 
only to serve the transient visitor but those who would · 
make the hotel their home-attractive, refined, comfortable 
-all arranged with the idea of complete .service and abso-
lute economy of operation, with a maximum return on the 
investment to all stockholders. 
It is the plan to have approximately 150 rooms in Salem's 
new hotel. It will be the latest in design and equipment. 
There will also be a large dining-room for banquets and 
smaller dining-rooms for other. gatherings, a grill, and a 
beautif\:11 and attractive lobby, suitable to the dignity of 
our city ; also seven stores on the street floor. The income 
from the stores, added to that of the hotel, should make 
this a very profitable investment, and, at the same time 
fulfill a great civic need, which must be realized at this 
time, if Salem is to keep her rank with cities of her grade. 
A GOOD CI VI C ADVERTISEMEN T 
s-"•t. 
l,! SJ> - 6. •fl> 
WE'LL PLEASE OUR VISITORS 
GIL.OVtiD·fJ.OOIL. DI.AN· 
Sc ;. <. L ~ ::::.:.,i. 1', o· o' 
·-l'R.OPO,~D Hor~L - SALLM,A\A5S· 
Cm _t _r,)~,;~~•5~11~ 
lo! .I'~~•' A•~ /'i Y C 
SM"" !. ,,_,AU.ti'. 
Cou.,,1,it<>/\.UK1' 
~0~10 11 µ..._Si 
A REAL COMliI UNITY CKSTER 
------ - -- -
r 
SALEM WILL BE A CONVENTION CITY 
Salem as a Convention City 
N EW ENGLAND has many attractive communities, visited each year by thousands of people from near-
by states. 
Massachusetts is not the least in attractiveness to· the 
out-of-state visitor; her hills and rivers, her natural beauty 
compare most favorably with ,her sister states, and many 
hundreds of friends are• annually spending many weeks 
within her borders, and bringing also thousands of dollars 
in business to her people. 
Salem is rich in historic interest, and can bring not only 
the passing visitor for the day, but she can, with proper 
hotel accommodations, entertain county, state, and. inter-
state conventions, as other cities are doing. 
Thousands of tourists, attracted by our nationally-known 
institutes and museums and places of historic interest, are 
potential guests of a modern hotel. 
Statistics gathered by the United States Chamber of 
Commerce, show that delegates to conventions spend on an 
average of $10.00 per day during their stay in a convention 
city. Cities have profited immensely by entertaining con-
ventions. Our good roads and geographic situation make 
Salem an ideal place for these gatherings. 
Today, the business men, Chamber of Commerce, Rotary 
Club, Fraternal Bodies, and Manufacturing Interests, can~ · 
not invite conventions because of our lack of adequate hotel 
facilities. With the new hotel the financial return to the 
people of Salem· would soon more than pay the initial cost 
of construction. 
CONVENTIONS BRING DOLLARS 
S · "9L 
M Ii' D • ,e, U 
6% CUMULATIVE PREFERRED STO CK 
S L 
■ ■ • ■ 
H O 'l't..L St..lLVJ (! [., 
6r1o.c L r o 1<. C,oJL !.l:.S" ,;. t.. ot Ol >S t $", ! ct M,\ C ll \W[,, L A. Vlllll!., 'f , C' OA L STOJl..>-O L , fu. u-s' 
l ocJU.~S' 6. folt.M;;', C.tJ(l. l!., JiJ. )/ 0 1 t. L t'1' 0 ~ AC..f.., i:.1 0 . 
• • • • 
l>ASE.M.[.NT 
$ C A, l,t, ! " • 6• • o ~ 
J> ~ 0 » 0 jl t 0 D li'°o t ~ I, - :;'A~ r, M, l/cA SS 
• 
Gt.~ f e!',<>//,, ,~s- ~ 0 '111' 
\o1 P>. -..1<.A V£.. ,HY C' 
S°.NL IT II 1,-- W.1. LY.. L/<. 
e»°s!!~,'""' "~";.t ... ,I ~ . 
A NEW HOTEL OUR GREAT NEED 
----------------- - --------~ ---
• 
A CITY TVITH A GREA T FUT URE 
A New Hotel Will ]}lean Greater Progress 
for Salem 
A New Modern Hotel will place Salem in the class with the progressive cities in the East, and will help it 
to draw increased business from the large trade--
territory surrounding it. 
It will decidedly enhance real estate values and encour-
age other building projects. 
The New Hotel will be a ~ommunity center, the one place 
in Salem where all groups may meet together in business, 
social, fraternal and political gatherings. It will be the 
recognized "Host" of the city visitors. A city without a 
Modern Hotel is like a private house without a spare room 
for the unexpected, though welcome, guest. It will mean 
that the travelling public will make this city its headquarters 
instead of passing through to other cities. 
Salem will thereby be advertised throughout the entire 
state. No other civic enterprise could accomplish this so 
effectually. 
Progressive citizens will form the habit of inviting busi-
ness and industrial conferences and conventions to our 
city, and as a result of our progressive spirit, capital will 
be invested here, which means additional business. 
The success of this great community enterprise will be the 
inspiration for a greater Salem. 
A REAL OPPORTUNITY FOR CO-OPERATION 
s -,,, :t 
I' S/>· ... ~ 
I 
I 
HOTELS ARE PBOF'IT PBODLi CEBS 
r ·---------------·-·--· I 
•!Y ti l<lAL·• fLO OP..., J> LAN' 
Sa.u t. I I J.i ,l t, a, 1• • e•-o• 
· j) J>, 0 D O S L n · Ji O r LL - $' A l t M., MAS;;. 
Qro_.,~c!,~:cT,t- Sow s 
IOI PA~.,_ A YL, J< 'I (!. 
S'J•llf\,.4- W1'LIC.(I<. 
l:> o5 TO,r, MA SS 
TERMS OF' PATJIE'NT 1lIOST L TRFJRAL 
• 
IN THE HEART OF SALEM 
The Site of the New Hotel 
T HE success of a local business depends on the number of individual customers which it can attract and serve, 
not once, but continuously over a long period of time, 
and this is often deter.mined by the location of that par-
ticular business. 
The great care with which the United Cigar Stores, Wool-
worth interests, and other nation-wide retail corporations 
study the locations of their individual stores, together with 
the success of the same, is the greatest argument which can 
be advanced along this line. 
The question of location for the new hotel has received 
most careful consideration. Hotel specialists have been 
consulted and have approved the northwest corner of Front 
and Central streets as one of the best possible locations. 
Options on this site have been obtained. 
It is necessary to place the new hotel within a few 
minutes' walk of the Boston & Main Railroad station, the 
Tractional terminals, near all the stores and theatres; also 
near our main automobile thoroughfare; and, in fact, almost 
in the heart of the city. 
The · plan of the Hotel makes possible seven street-floor 
retail stores, which will be a continued source of revenue to 
the stockholders. 
NOT ONLY AN INVESTMENT BUT A CIVIC DUTY 
• 
EVERY CITIZEN A BOOSTER 
EXECUTIVE COMMITTEE 
Ji' l{.\i\"I, A. POOR 
GEOHGE iV. HOOPER 
ROSCOE H. GODDARD 
HAURY P. GIFFORD 
ALLEN, LEWIS ·F. 
ANi\"AilLE, JT. C. 
BASSETT, FRANK B. 
BATCI-IELIJ!c&, A . iV. 
BEXSOX, JIENRY P. 
BROWN, J. CLARKE 
CAREEN, JOHN F. 
CIIAPPLE, iYILLIA:\I D. 
COLE, LELAK D H . 
D l, ERY, JOHK A. 
DUBf\ JOSEPH 
FARRlNCTON, GEORGE B. 
FEL'l'OX, \ VILLJA:\I S. 
FLIKT, HARR'\.° E . 
FRYE, DAYID 
GAUSS, JOHN D. H . 
GIFFORD, HARRY P. 
GIFFORD, JOSIAH H. 
GODDARD, ROSCOE H. 
HARRIS, 11ALPH B. 
HILL, ROBERT i V. 
HOOPER, GlcORGE i V. 
JACESOK, OSCAR E. 
KEEFE, CHARLES I-I. 
]{ELSEY, HARLAN P. 
KOE)!, JOUN E . 
LANTZ, CHRISTIAN 
Low, S . FRED 
Chairman 
,1ssuciatc Ghairma n 
Secretaru 
'Treasurer 
MAHON lcY, ROBERT M. 
J\ I00DY, \YILLIAM I-I. 
MORRILL, GEORGE A. 
cifoRSE, GAHL 1'. A . 
MOUSTAKIS, XlCHOLAS C. 
:'\JCHOLS, i,VILLIAJ\l S. 
I'AL:\IER, ARTHUR I-I. 
I'ARKER, GEORGE S. 
l' ARKER, li'OSTER H . 
PHIPPEN, ARTHUR H. 
P ICKERING, GEORGE iY. 
Pl'l'ilIAN, GEORGE iV. 
I'O0R, FRANK A. 
ROBSOK, JOI-IN c. 
SAHGENT, F. C. 
SHEEDY, JOHX H. 
SilllTH, H . T . K . 
SMITH, J. 'FOSTER 
SMITH, PHILIP H. 
STETSON, GRAYDON 
S'l'UART, ROBERT L . 
STRANGMAN, DR. " TILLIAJII F. 
SULLIYAK, ~IJCUAEL L . 
THOMPSON, A. P. 
rrIYNAK, JOHN B. 
TUDDURY, JOUN L. 
lOGNG, JA1.lES , JR. 
DIVISION SALES MANAGERS 
DlYJSTOX A - WILLIAM I-I. MooDY 
DIYISIOX B ~ CA RL F. A. MORSE 
])I\' ISION C - A RTI-IU R H . PALMER 
DI'l' J SIOK D - JOI-IN B. TIVNAN 
ALL TOGETHER-FOR SALE1li 
.. 
N,wcr;mh r:g Gauss, Printrrs 
Sa/rm, M au . 




Salem\u27s New Modern Hotel

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Salem\u27s New Modern Hotel

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