New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-18
GIVES UP MARLBOROUGH.
l.. L. Todd Sells HoteENesc
Structure To Re Erected.

Upper Broadway is to have still another new
hotel, in addition to the several now in of
erection. 1t Will occupy the present site of the
Hotel Marlborough, Broadway and Thirty SIX tn
St. and will be thirteen story ireproot buiNfing
OF artistic design. The Sweeney-Tierney Hotel
Company viii build, own and operate the new
venture. work on which will not be started until
May. 1907.
This announcement made yesterday to-
gether with the announcement that the Sweeney
Tierney Hotel Company had purchased all title
rights leases. interests and everything pertaining
to the equity held by Louis L. Todd in the Hotel
Marlborough. The transfer went into effect at
midnight Friday. the purchasers paying SEQ 600
for title and equity, which include q forty-fye
year lease of the ground from the Goodrich estate.
The Sweeney Tierney Hotel Company is a new
company. incorporated at Albany. December 15.
1904, with capitalization of 100000 The objects
Of the company. as specified in the charter. to
operate buy. and sell hotels in this State and else
where George H. Sweeney is president Of the
company and z. NJ. Tierney, vice-presdent and
manager. Both are well known hotel men.
The first term OF the lease of the Marlborough
runs out on May l, 1907. On that day the Sweeney
Terney Hotel Company will begin pulling down the
present Marlborough and erecting a structure.
In the mean time. E. NJ. Tierney will assume the
management OF the Marlborough
Several important improvements are to be made
at once in the present structure including a COM
plete alteration of the ground floor and the add-
grillroom The present rathskeller will be also
greatly improved. The firms architect has al
ready begun plans for the improvement OF the
present structure The greater part OF the hotel
Is to be reftted and refurnished
Mr.. Tierney said last night that the new man
agement would also change the policy of the pres
ent Marlborough. and aim II attract higher class
Of patrons by identifying the restaurant service
and improving the cuisine.
George w. Sweeney is proprietor of the Victoria
Hotel and president of the Lafayette Hotel Com
panY. Of Buffalo. He is also president the New
York State Hotel Mems Mutual Benefit Assoca-
zion.
l.. NJ Tierney has been in the hotel business for
the last twenty-five years He has been part owner
OF the Arlington Hotel. At Bingha mton, and owner
Of the Rsthbone Hotel. at Elmira. n. Y. He was
president OF the New York State Hotel AssOca-
ton for fifteen years.
Mr.. Ticrney told Tribune reporter last night
that unlimited capital behind the com
pany,
Last summer John A Pray and other stock
holders of the c. A. Blanchard Company. which
controlled the hotel at time. sued Mr.. Todd. as
treasurer. for accounting. and asked that he
produce the books Of the company in court. He
fused to do so. and a motion TO have him ad-
judged in contempt made This refused.
but the Appellate Term reversed the decision of the
lower court adjudGed Mr.. Todd in contempt and
referred the case 10 Special Term for punishment
The case was settled. however. without further