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located　high　in　the　Rockies。　Leffing　declined　to　mention　the　names　of

specific　investors；　but　said　the　hotel　would　be　turned　into　an　exclusive

〃key　club。〃　He　said　that　the　group　he　represents　hopes　to　sell　memberships

to　high　echelon　executives　in　American　and　foreign　panies。

High　Country　also　owns　hotels　in　Montana；　Wyoming；　and　Utah。

The　Overlook　became　world…known　in　the　years　1946　to　1952　when　it　was

owned　by　elusive　mega…millionaire　Horace　Derwent；　who　。。。

The　item　on　the　next　page　was　a　mere　squib；　dated　four　months　later。　The

Overlook　had　opened　under　its　new　management。　Apparently　the　paper　hadnt　been

able　to　find　out　or　wasnt　interested　in　who　the　key　holders　were；　because　no

name　was　mentioned　but　High　Country　Investments　—　the　most　anonymous…sounding

pany　name　Jack　had　ever　heard　except　for　a　chain　of　bike　and　appliance　shops

in　western　New　England　that　went　under　the　name　of　Business；　Inc。

He　turned　the　page　and　blinked　down　at　the　clipping　pasted　there。

MILLIONAIRE　DERWENT　BACK　IN　COLO…

RADO　VIA　BACK　DOOR？

High　Country　Exec　Revealed　to　be

Charles　Grondin

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　e　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。

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　ment；　and　Horace　Derwent；　who　guards　his

own　privacy　jealously；　had　no　ment　when　reached　by　telephone。　State

Representative　Dick　Bows　of　Golden　has　called　for　a　plete　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。

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