A seven-year lease on the New Central Hotel has been transferred by Frank Gregson, lessee and manager, to W.J. Jenkins, cashier of the Securities Savings Bank, together with furnishings and fixtures valued at $15,000.
Mr. Gregson secured a 10-year lease from the Southern Loan and Trust Company, which owns the building, about 2 ½ years ago. He was associated with E.H. Spence in the deal. Mr. Spence left about a year ago. Since the departure of Mr. Spence, Mr. Jenkins has been associated with Mr. Gregson.
Mr. Jenkins took charge of the hotel Friday. Mr. and Mrs. Gregson and little son, Frank Jr., intend to visit relatives in Durham immediately and from there go to Wrightsville Beach for a long stay.
The New Central hotel will continue to operate in the city as formerly, it being the third largest hotel in the city. It has 101 rooms, and has recently been renovated.
Mr. Gregson came to Charlotte from the Central hotel in Florence, S.C., while Mr. Spence came from the Yarborough hotel in Raleigh. Mr. Gregson took over Mr. Spence's interest about a year ago.
Mr. Gregson is a native of Fayetteville, having first entered the hotel business at the Orton in Wilmington. He was clerk and chief clerk there for four years. From the place he went to the Kennon in Goldsboro, and later to Florence. He married Miss Josephine Shields of Durham.
Mr. Gregson has been interested in the social and civic life of Charlotte since coming here. He was a member of many secret orders in the city, chairman of the membership committee of the Chamber of Commerce, member of the Good Fellows club, the country club, Myers Park club and the Kiwanis club.
Mr. Gregson declared he expected to again enter the hotel business sometime in the future. At present, however, he intends to take a vacation which he has been looking forward to for eight years. He will probably take his rest at Wrightsville Beach and Atlantic City.
From The Charlotte News, Saturday, July 2, 1921.
No comments:
Post a Comment