Back in February, we posted a postcard of the Daniels Hotel, once located at 4718 Winthrop. We recently heard from the great-grandson of the original developer, who had this to say:
My great grandfather, Fred Owen Emery Daniels built it, but lost both the hotel and his other business, the Terminal Garage (located at 4464 N Broadway, Chicago), sometime in the Great Depression.
As far as the hotel on Winthrop Avenue, he sold bonds in order to finance the construction.
The bond is pictured above. You can see other images of the hotel, original advertisements, and news clippings about a murder that happened there, on Finnestad's blog: Emery / Daniels Ancestry