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The Stanley Motor Carriage Company founder sends letter to colleague discussing financial matters from his home in Estes Park, Colorado, the sight of the famed Stanley Hotel, signs his name in black ink. Extremely rare!

Sale Price $2,040.00

Reg. $2,400.00

Condition: fine condition
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The Stanley Motor Carriage Company founder sends letter to colleague discussing financial matters from his home in Estes Park, Colorado, the sight of the famed Stanley Hotel, signs his name in black ink. Extremely rare!
Autograph letter signed: "F.O. Stanley" on verso, 2p, 8½x11, front and verso. Estes Park, Colorado, 1911 September 10. To Mr. B.D. Sanborn, Greeley, Colorado. Stanley, who did not believe in credit and financed all of his endeavors with cash, writes on financial matters. In full: "Your letter with their contents came to hand last evening. With one exception I found the figures all right. You suggest that by paying me $1500.00 you would thereby reduce your indebtedness to $6000.00. This should have been $7000.00, not $6000. For $20000-$11500=$500, less $1500 = $7000. Also, I did not find the check for $50.00 you spoke of sending. However as Tallant said when I saw him this morning he was unable at present to raise the $200 - I fear we shall have to wait for the completion of this transaction till some future time. So I am returning the deed and you can forward check for the $500 as suggested in your letter. In reference to the other matter, I had much rather purchase some more land and thus square up your account. Any time you can get any one to lend $8500- on your half of the stock send me the $8500 - with interest and I will be only too glad to relinquish the stock. In reference to the R.Road, I shall be unable to go to Loveland either Monday, or Wednesday. Mr. Gilbert our agent from Los Angeles, Cal. arrived here to-day and will leave Tuesday; and Wednesday, the appraisers notified me, they will be at my place to arrange the valuation of my property. Yours truly." Estes Park, Colorado was the home of FREELAN OSCAR STANLEY (1849-1940) and his wife, Flora, and the site of his famous Stanley Hotel, which had opened in 1909. Stanley designed the hotel, which cost half a million dollars, himself, installing a power plant to provide electricity, building a water pipe system to bring running water to the hotel from the surrounding mountains and installing telephones in every room (luxuries in those days - and innovations he shared with the residents of the village of Estes Park). The property, which eventually included a manor house (built for bachelors), casino building (built in 1915), tennis courts, nine-hole golf course, trap shoot range and airfield for small planes, attracted an array of celebrities. In a two-month period in 1911, the year of this letter, some 2,500 guests visited his hotel, driven up the mountain in 13 Stanley Steamer buses. Freelan had moved to Colorado in 1903 after being diagnosed with tuberculosis and given one year to live. When he did not improve in Denver, he and his wife, Flora, moved to Estes Park (which he had first accessed in one of his Stanley Steamers), where they built their magnificent home and Stanley purchased 140 acres to build a first-class hotel. The hotel remains a popular attraction, and "modern day" guests have included Stephen King, who wrote a portion of his chilling novel, The Shining, in Room 217. Stanley and his twin brother, FRANCIS EDGAR STANLEY (1849-1918) were perhaps most widely known for their "Stanley Steamer", which they introduced in 1896. One of their Steamers would set a world speed record in 1906, twelve years before they sold the Stanley Motor Co. The brothers had also established a firm to manufacture dry plates for a photographic process that Francis had invented. They sold that company to Eastman Kodak in 1905. Lightly creased with folds, vertical fold touches the "y" of Stanley. Light show through of ink. Shaded at lower blank margin, lightly shaded at upper and right blank margins. Overall, fine condition.

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