William Waytena Inventor, Businessman, Entrepreneur

The I5O-room Hotel Worth, 200-204 Main St., has been purchased by William L. Waytena, Walter Kistler and Vernon Siegel who operate two North Tonawanda companies.

Mr. Waytena said he and his associates have purchased all the stock in the Hotel Worth Corp., which owns the hotel, and the 200 Main St. Corp., operator of the hotel's restaurant and bar. The stock was acquired from a local syndicate composed of some 24 persons. The price was not disclosed.

Mr. Waytena, who is president of the Kistler Instrument Corp, and Radatron Inc. of North Tonawanda, is president of both hotel companies. Mr. Kistler, president of Kistler Instrument and vice president of Radatron, is treasurer of both hotel concerns. Mr. Siegel, president of Radatron and vice president of Kistler Instrument, is vice president of the companies.

Robert Caple has been appointed general manager of Hotel Worth.

Mr. Waytena said the new owners of the hotel plan to spend about $25,000 initially for remodeling the lobby; kitchen and entertainment facilities. In addition, he said, the building's exterior will be "cleaned up."

Later on, Mr. Waytena said, the hotel's guest rooms will be renovated.

The new owners will apply to the State Liquor Authority for a liquor license next week, Mr. Waytena said.

William Waytena
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