Plan For Palmyra
p. 22 · Read in the full issue
A De Luxe Resort Plan For Palmyra
From a Honolulu Correspondent Polynesian Paradise, a subsidiary of Mercury International Insurance Underwriters of Los Angeles, has taken an 80-year lease on Palmyra atoll from owner Leslie Fullard-Leo of Honolulu . It plans to establish a de luxe resort to include marinas, a golf course, playgrounds and a dis count community store. Beach lots are offered through membership in the Royal Polynesian Club.
THIS is a long-stage programme which will probably take from two to five years,” said Mr. Fullard-Leo in Honolulu. “Work will probably begin around the middle of 1962.” Mr. Fullard-Leo, whose family has owned the atoll since 1923, will retain a motu called Sand Island for himself; most of the rest of the atoll, including more than 30 small islands and several lagoons are covered by the lease.
One of the atolls is still owned by the Henry E. Cooper estate.
There is some speculation in Hono lulu that a gambling casino may be included in the plans, although this has been denied. No one lives on Palmyra today, although there are some buildings, an airstrip, and channel left from wartime Navy oc cupation.
Palmyra is about 960 miles south of Hawaii.