In 1911, Jesse H. Jones arranged with the Rice Institute board to raze the 30-year-old Capitol/Rice Hotel Building in order to erect a new, 17-story, U-shaped, hotel building in its stead. The Institute would retain actual ownership of the real estate (and thus responsibility for the property tax, which Mr. Rice himself had complained about during the last years of his life), and Jones would get a 99-year lease to operate a hotel. The new Rice Hotel opened in 1913. | Source: Jerome H. Farbar, "Houston: Where Seventeen Railroads Meet the Sea" (Denver: H. H. Tammen Co., 1913)Download Original File
Source
Jerome H. Farbar, "Houston: Where Seventeen Railroads Meet the Sea" (Denver: H. H. Tammen Co., 1913)
