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CITY TO GET HOTEL PROFITS.

First Hostelry rebuilt in San Francisco
Opens Under Odd Conditions.

One of the most stricking examples of the hustle that characterizes the rebuilding of San Francisco will be shown in the opening tomorrow of the St. Francis Annex. Although a temporary structure, this first of San Francisco's new hotels will be fitted with all modern conveniences.

The hotel is situated in the centre of San Francisco's famous tropical park, Union Square. Permission for this site was obtained from the Park Commissioners. In return for the privilege the hotel company is pledged to turn over to the city all profits returned from the operation of the hotel, these profits to be used for future improvement of the park.

This is said to be the only case on record of a hotel built and operated on private capital for the benefit of the city.


The New York Times
July 22, 1906