New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-05
THE HOTEL BRUNSWICK SALES.
OBJECTIONS BY AN EXECUTOR TO THE TRANSFER
OF LEASE

OBJECTIONS BY AN EXECUTOR TO THE TRANSFER
OF A LEASE.
The auction sale OF the effects Of the Hotel Bruins
wick continued yesterday. The hrst thing taken
up the sale of the leases. None Of the leases,
with the exception Of single one considered Of
much value This is the lease Of the lot at Fifthave.
and Twenty-sixth-st, known the Hull estate.
Richard H. Southgate who was at one time MEM
Der Of the firm known the Hotel Brunswick Com
pany, secured a lease dating from the present year,
for of 200 years. The value OF the lease IS
estimated at about SO 600. When Josiah H. Baker
was appointed receiver OF the Hotel Brunswick he
seized the lease part of the assets An attempt
was made in court TO have him surrender the lease.
upon the ground ne could not hold the property,
as the company was in in rent. The case has
been struggling along in the court
The auctioneer Bryan l.. Kennedy. despite the
litigation this lease, brought 1t up for sale yes
terday 1t was the first lease offered. When he put
II up for sale there commotion, and from what
occurred it is evident that strong effort will be
made TO retain the lease by Willard Lester. VINO at
present holds the title to the lot in question. Mr.
Lester as soon as the sale Of the lease was an
nounced. read the following statement. to warn
would-be purchasers:
This spripg Josiah II. Baker IN occupation OF
the premises described in this lease as receiver OF
the corporation known as the Hotei srqnsTGIk
Kinzler and Southgate as tenants he was then IN
Under the last will and testament Of A. Gerald Hull.
deceased Obtained an order in the Supreme Court
requiring Baker to pay me the rent then due or
Immediately surrender to the possession OF the
premises. Baker did not pay me rent, and dld not
at that time enforce the order. subsequently, l
agreed with Baker 10 accept one-haf the rent re
cevsd on the lease from that date 10 July !. 1875.
he would that day surrender 10 me the posses
sion OF the premises without putting me to my
remedy under the statute. . ,
In pursuance Of this arrangement MT BAKER de-
livered TO the possession OF said premises on the
said July !, and now in actual physical pos
session OF the In consequence thereof CLAIM
neither the FarmeEs' Loan and Trust Company MI.
Stnrgs receiver. nor any other person or corpora
,ion has any right title or interest In said lease
witch can be sod and therefore forbid the sale OF
+ fTr,her state that IN case any pernon purchases
hi n,se and II shall be decided that Il IS not can
nrenoses they will have 10 dispossess me and wiz
BE- Immediately called upon TO pay ss.oo. Wh,cy
u'orId no the amount OF rent IN arrears proVided
,be Lease was not held 70 be cancehed
WIEN Mr. Lester finished reading his statement
-, auct,oneer proceeded with the sale OF the lease
rrha only bidder was William r. Strong. OF West
Ihnx.or county. who Is a beneficiary under the Hull
.s+ate His bid 81. and the lease was turned
o,.ar - him Mr. Strong also bought the leases OF
No q East Twenty-sxth-st. known as the Lottimer
100. Nos 2o5 and 227 Fifh-ave. known as the
IIvern,ore property. and No. 2sl F1fth-ave known
40 tho FYske property The amount paid for each
,sa was 81 The only bidder for the lease or NO.
900 E,fth-ave known the Hume property, was
w W West who is understood 10 represent the
saie Of The furniture and fittings Of the hote!
was hen proceeded with. There was crowd OF
hidders az this sale. and many persons VINO oo fT
n,ara roticed The bidding was not nVeiy. anu INC
nrces ranged around 25 per cent OF the actua COST