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NEW OWNERS WILL TAKE OVER REETA, MARCH 1
Property Purchased by John Cooper, Proprietor of Dexter Hotel
Acquired From Samuel Lambert Estate at Price Exceeding $40,000
[The Welland Evening Tribune, 22 January 1929]
The sale of the Reeta Hotel by the Samuel Lambert estate to John Cooper, proprietor of the Hotel Dexter, was confirmed yesterday.
The property was reported to have changed hands for approximately $40,000. Asked about the sale, Mr. Cooper stated that the sale price was well above that figure.
The new proprietors take over the property on February 1, but the new management will not begin to function until March 1, the present lessees, Mr. and Mrs. I.D. Smith remaining in charge of the hotel until that date.
John Cooper was originally proprietor of the Park hotel, King street west, Hamilton, and, selling out his interest in that property in 1911 he moved with his family into Welland, and has continued in the hotel business ever since, making a successful venture of the Hotel Dexter.
It is understood that one of Mr. Cooper’s sons will manage the new property as a hotel on similar lines to the Dexter hotel.
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