Clipping:A bid to split gate receipts in the AA
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| Date | Sunday, March 13, 1887 |
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| Text | [reporting the AA meeting of 3/7-8] The Metropolitans, through O. P. Caylor, tried to get a change from the present guarantee system of paying visiting clubs to one of a division of the gate receipts. But he stood alone, and the change wasn’t discussed. The Philadelphia Times March 13, 1887 an AA reserve fund [reporting the AA meeting of 3/7-8] The Messrs. Stern and Weldon spring their pet--the reserve fund scheme--on the Association. It went through in the reduced form suggested some weeks ago in The Sporting Life, seven votes being cast for it, Mr. Caylor declining for the Mets to vote in its favor, but saying that the vote would undoubtedly be cast later on. The fund is to amount to $10,000---$1,250 from each club, paid in five annual installments of $250, Oct. 1, of 1888, 1889, 1890, 1891, 1892. The chairman of the finance committee is its custodian, the money must be invetsed and he must give a bond for the full amount--$10,000. The club withdrawing except from financial distress, forfeits its share in the fund. The Sporting Life March 16, 1887 |
| Source | Philadelphia Times |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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