Navajo, Ariz. (pop. 24), has much to offer: history (it was Arizona's first territorial capital), location (on Interstate 40 just south of the huge Navajo Indian Reservation and east of the popular Painted Desert and Petrified Forest National Park) and profit ($100,000 a year from its motel, café, service station and general store). As a result, Navajo has six new owners: Don and Rita Schwinghamer of Phoenix, Don's cousin Frank Schwinghamer and his wife Ann, from Canada, and their close friends Len and Betty Siebert of Bellevue, Wash.
The group decided to bid for...
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