financial power play
that will be pleted by October 1； 1954。 Derwent's investments include
natural gas； coal； hydroelectric power； and a land development pany
called Colorado Sunshine； Inc。； which owns or holds options on better than
500；000 acres of Colorado land。
The most famous Derwent holding in Colorado； the Overlook Hotel； has
already been sold； Derwent revealed in a rare interview yesterday。 The
buyer was a California group of investors headed by Charles Grondin； a
former director of the California Land Development Corporation。 While
Derwent refused to discuss price； informed sources 。。。
He had sold out everythin