Clipping:Allegheny Club ownership
Jump to navigation
Jump to search
 |
| Add a Clipping |
| Date | Tuesday, October 30, 1883 |
|---|---|
| Text | The franchises of the Allegheny Base-Ball Club practically changed hands at a meeting of stockholders this evening [10/29]. The majority were visited ruing the past week, and asked to consider two propositions: to submit to an assessment on their stock sufficient to pay the indebtedness of the club and place it on a sound financial basis, or transfer their stock to a syndicate who would do this. At the meeting to-night the first proposition was rejected, and a majority expressed themselves as being in favor of the second. A few persons, who consider this move as a scheme of President McKnight to obtain control, refused to do any thing; but they will be whipped into the traces, and the transfer will be made in a few days. One syndicate is said to be composed of five persons, but only the names of two can be ascertained to-night. They are Henry Brown and E. G. Converse, gentlemen of abundant means. They say they will pay the indebtedness of the club at once, and invest $10,000 in order to prepare for next season. Cincinnati Enquirer October 30, 1883 The new management of the Allegheny Base-Ball Club, which, in addition to the persons mentioned last night, is composed of City Assessor Andrew Fulton, Wm. A. Nimick and W. E. Jones, announce that they will pay the salaries of players to-morrow, and will at once begin to make arrangements for next season. … It does not appear yet what interest President McKnight has in the new management. It si considered certain, however, that he will continue to vote a good block of the stock. Cincinnati Enquirer October 31, 1883 |
| Source | Cincinnati Enquirer |
| Tags | |
| Warning | |
| Comment | Edit with form to add a comment |
| Query | Edit with form to add a query |
| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
Comments
<comments voting="Plus" />