Investors Purchase Historic Columbia, Mo., Hotel.

Byline: Andy Waters

Aug. 1--Just about everyone who counts themselves among Columbia's old-timers has a memory of the Tiger Hotel.

For Al Germond, it's the week he spent there in the mid-1960s during a school break as a journalism student at the University of Missouri-Columbia. The first night, he paid $6 or $7 for a small room with a view of the alley, only to be rousted at 5 a.m. by city trash collectors and the boom of a Dumpster outside his window.

Yesterday, Germond and four other investors -- David Baugher, John Ott, Renea Sapp and Jack Miller -- bought the 75-year-old, nine-story landmark building on Eighth Street for an undisclosed price from …