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By
Rodney
Conklin
,
Financial
Editor
The
Overlook
Hotel
,
a
scenic
pleasure
palace
in
the
Colorado
high
country
and
once
the
private
plaything
of
millionaire
Horace
Derwent
,
is
at
the
center
of
a
financial
tangle
which
is
only
now
beginning
to
come
to
light
.
On
April
10
of
last
year
the
hotel
was
purchased
by
a
Las
Vegas
firm
,
High
Country
Investments
,
as
a
key
club
for
wealthy
executives
of
both
foreign
and
domestic
breeds
.
Now
informed
sources
say
that
High
Country
is
headed
by
Charles
Grondin
,
53
,
who
was
the
head
of
California
Land
Development
Corp
.
until
1959
,
when
he
resigned
to
take
the
position
of
executive
veep
in
the
Chicago
home
office
of
Derwent
Enterprises
.
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This
has
led
to
speculation
that
High
Country
Investments
may
be
controlled
by
Derwent
,
who
may
have
acquired
the
Overlook
for
the
second
time
,
and
under
decidedly
peculiar
circumstances
.
Grondin
,
who
was
indicted
and
acquitted
on
charges
of
tax
evasion
in
1960
,
could
not
be
reached
for
comment
,
and
Horace
Derwent
,
who
guards
his
own
privacy
jealously
,
had
no
comment
when
reached
by
telephone
.
State
Representative
Dick
Bows
of
Golden
has
called
for
a
complete
investigation
into
…
That
clipping
was
dated
July
27
,
1964
.
The
next
was
a
column
from
a
Sunday
paper
that
September
.
The
byline
belonged
to
Josh
Brannigar
,
a
muck
-
raking
investigator
of
the
Jack
Anderson
breed
.
Jack
vaguely
recalled
that
Brannigar
had
died
in
1968
or
’
69
.
MAFIA
FREE
-
ZONE
IN
COLORADO
?
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By
Josh
Brannigar
It
now
seems
possible
that
the
newest
r
amp
;
r
spot
of
Organization
overlords
in
the
U
.
S
.
is
located
at
an
out
-
of
-
the
-
way
hotel
nestled
in
the
center
of
the
Rockies
.
The
Overlook
Hotel
,
a
white
elephant
that
has
been
run
lucklessly
by
almost
a
dozen
different
groups
and
individuals
since
it
first
opened
its
doors
in
1910
,
is
now
being
operated
as
a
security
-
jacketed
"
key
club
,
"
ostensibly
for
unwinding
businessmen
.
The
question
is
,
what
business
are
the
Overlook
’
s
key
holders
really
in
?
The
members
present
during
the
week
of
August
1623
may
give
us
an
idea
.