New Britain herald., 1929-07-29
MARSH WINS BATTLE
 TO GUST HOTEL MAN
(Continued from First Page.)

catered largely to persons of British descent.
 Charles s. Clarkson of Bradley street. this city. George F. Whatnall of Kelsey street and s. Crandall of 193 Main street are among a number of local members who are stock holders.
 Three years ago MT, Marsh, then a newly appointed member Of the na- tional finance committee Of the orga nization and one of the stock holders of the hotel. disapproved of the way finances of the hotel were being handled.
 The investigation resulted in MT. Marsh being elected a member of the board of directors and being placed on the finance committee. He found that the hotel had an income of SAC, 00n a year for $40 rooms. or s100.n0O a year more than s1,000 per room. Other hotel men told him that a hotel which could maintain an income of s1,O00 a room was a bonanza.
 He learned. he testified in a sub sequent suit before the New York supreme court, that MT. Balk, while under contract to turn the business and lease of his rooming house over to the hotel, and while accepting payment for the good will of the rooming house. had organized the Sid Blake corporation, which was do- ing no business, but which according to Marsh was waiting to buy up the hotel stock at bargain after the smaller stockholders had been frozen out
 No financial reports had been made for two or more years. and when a report was made. Marsh all legged that the hotel debt was re- ported to be s11oOO when he had proof of one creditor alone seeking collection of s2S,O0O and that the concealed indebtedness of the hotel was over s1o0.0oo.
 With an income of s44O.000 and the manager reporting a loss, with stock dropping from s25 share to s5 at which price MT. Marsh be- lleved the Sid Blake corporation was attempting to buy it in. the New Britain director received an offer from hotel corporation to lease the house for s150.000 a year. stating that at that price they would make s1o0.O00 profit
 There were q directors on the board all but three being friendly to Blake. MT. Blake at one time during the controversy resigned. His resis- nation was accepted. Later he re- called his resignation and was again made manager. Three directors fighting for the stockholders were Marsh, Charles T.. Meurisse of Chica- go and William H. Sharp of South Manchester.
 The stock of the hotel is held by about 5000 persons. Finally the three directors representing $500 stockholders took the fight to the supreme court, asking that Blake be busted as president and manager and that the board of directors be dissolved.
 The supreme court ruling Satur- day states that "The ma jority of the directors were incompetent and inn provident."
 A receiver will be appointed until such time as the hotel is on payinp basis.
 The Cornish Arms Hotel corpora ton has 2S stockholders in New Britain.
 The annual state convention cf the American Order Sons of St George will be held in Torrington, n, august IS, according to an an- nouncement made today by Willard A. crandall of this city, state grand president.
 Herbert Swift and Edward Lister Of Sir Francis Drake lodge are dele gates James K. Chapman also of Sir Francis Drake lodge of thi, city IS candidate for office. MT. Chap. | man now is grand chaplain. Although the members as indi. Vlduals are vitally interested in the cornish Arms hotel situation, any discussion will be prohibited during | meetings, Mr. Crandall said today The supreme president recently is- sued an order to this effect. There will be a lot of discussion outside the meeting room, however, the state president said.