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room only in the hotel, but reports one sentence later that "this hotel was never a financial success."
Hopkins' investment would appear to be heavy for the time,	as he borrowed
$15,000 on a one-year note in June 1926. A year later, he signed another note to a different lender for $15,300 to be repaid in two years. The trust deed covering this loan	mentioned "all
furniture, tableware,	linen, and all
equipment used in connection with the operation of	said property	as a	hotel."
Hopkins also	agreed to	maintain	$15,000
insurance on the "Buildings", apparently inclusive of the dancing pavilion.
It would appear that the above note remained unpaid until February 1931 when Hopkins and his wife sold to Harbor Inn, Inc. The buyer assumed 19 promissory notes totaling $15,300. The president of Harbor Inn was R. Bland Logan.
The next	11 years	did	not	see an
appreciation	of Harbor	Inn,	for	on July
30,	1942,	it passed to M. Bernhard, Sr.
The price was $6, 500 on the basis of $2,000 cash with the balance in notes to be paid by January 20, 1945.
Shortly after his purchase, Bernhard granted an option to my father, Wilfred L. Guerin, Sr. My father paid only one dollar for a 3-month option, but had it been exercised, the sale price would have been $8,000.