The Wakefield, one of Marietta's leading hotels, was sold Monday afternoon by Charles A. Ward to S. A. Mullikin of this city. The purchaser has leased the hostelry to Thomas W. Porter and Edward Cottle, who will take possession next Monday morning. While the purchase price is not given out, it is understood to have been something over $30,000.
The Wakefield, which is located at Third and Putnam streets, was erected about sixteen years ago, but a part of the structure had been operated by Mrs. K. L. Dye as a boarding house for 30 years. The hotel has always enjoyed a large patronage from the traveling public, as well as from the residents of the city.
The new owners will renovate the structure at once and expect next year to remodel the structure and build an addition of 25 rooms with baths, making a first class $2 and $2.50 house. The lessee will improve the service as soon as they take possession. They have purchased the furniture and fixtures.
Mr. Porter is an experienced hotel and restaurant man. He has operated the St. Elmo hotel for three years and the Superior restaurant on Second Street for the past six years. He will continue to operate the St. Elmo, but will turn the restaurant over to B. W. Stanley, who has been associated with him.
Mr. Cottle is a chef, who has recently been employed at the St. Cloud hotel. Formerly he was employed in a like capacity at Braun's.