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1888, that Sinclair had bought one-third interest in the West Baden Springs Company for $28,000. Before the summer season was over Sinclair bought another third interest in the hotel for $33,333, thus gaining controlling interest in it.17 "Colonel" Sinclair, who served for a full sixty days in the G. A. R. as a private,18 went to work ...
In 1888 an investment group called Sinclair and Rhodes, which included Lee Wiley Sinclair from Salem, Indiana, and E. B. Rhodes, acquired the West Baden hotel and 667 acres (270 hectares) of land for $23,000. [17]
Taking advantage of the recently connected rail lines, Sinclair bought controlling interest in the West Baden Spring Hotel in 1888. A devastating fire in 1901, allowed him to rebuild the Hotel in its current configuration.
Forming an investment company with his friend, E.B. Rhodes, the two men purchased the West Baden Springs Hotel and 667 acres of nearby land for a sum of $23,000 in 1888. Over time, Sinclair gathered enough money to buy out Rhodes, becoming the sole owner of the resort.
May 11, 2008 · In 1888, Lee W. Sinclair acquired controlling interest in the West Baden hotel and within a few years was its sole owner. He transformed it into a sophisticated resort, adding an opera house, a casino, a two-deck pony and bicycle track and a full-size baseball field.
later changed the name to the West Baden Inn for the famous natural springs in Wies-baden, Germany. Lane eventually sold the resort, which at that point featured a hotel, to four wealthy individuals who together formed the Stout Company. In 1888 Sinclair, a successful textile manufacturer, assumed control of the Stout Company and, therefore, of the
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Who bought West Baden Hotel in 1888?
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1888 - Sinclair Buys Original Hotel. Lee Wiley Sinclair, having visited the hotel as a guest, saw the opportunity it afforded and purchased controlling interest in the West Baden Hotel. He changed its name to West Baden Springs Hotel, presumably to emphasize the fact that the hotel offered mineral springs.
