Word: arrowhead
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Dates: during 1940-1949
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...these dilettante stabs at keeping busy convinced Jay Paley that it was time to go to work fulltime. Last week he had his new business. It was a spa, Arrowhead Springs Hotel, in the San Bernardino Mountains near Riverside, 70 miles east of Hollywood, built over hot mineral springs and fitted for healthful Hollywood holidays with everything from mud baths to bars, from deck chairs to ski slides, minimum rates $13 a day (American plan). At Arrowhead for the opening were such gentry as Arturo Toscanini, Ernst Lubitsch, Edward G. Robinson, Sam Goldwyn. A few days later Arrowhead opened...
Hollywood is more than academically interested in all this, for Arrowhead is financed largely with cinema money. Chief Stockholders Schenck and Paley sold $1,000,000 of the corporation debentures, the 10,000 shares of common stock to Hollywoodians. Among the stockholders are Constance Bennett (one of the smartest of cinema's businesswomen), Claudette Colbert, Darryl Zanuck, Al Jolson, Paley & friends are planning to sell $500,000 more of common stock issue to finish the job of making Arrowhead a glittering combination of Carlsbad and Sun Valley...
...Arrowhead but an oldtimer. On its site for 34 years stood a creaky, bulbous-Victorian hotel building. Soon after Paley & friends bought the place (including 1,800 acres of ground) for $800,000, a fire destroyed the old building, which they would have had to tear down, left them richer by $277,671 in insurance. To lay out the new buildings Architects Gordon Kaufman and Paul Williams were hired, turned out an imposing, 69-room hunk of hotel (late Californian with a Southern Georgian trace), plunked on a handsome mountainside. To dress it up inside, Decorator Dorothy Draper was brought...