Clipping:A fight over paying a dividend

19C Clippings
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Date	Sunday, March 25, 1883
Text	The Detroit Base Ball Club is out of debt, and has a cash balance in its treasury of $18,000, the earnings of the past two seasons. There are two classes of stockholders in the club. The small fry want a dividend, while the capitalists favor the accumulation of a surplus, to provide for an unsuccessful season. The last-mentioned faction propose that they only distribution of the proceeds shall be the giving to each stockholder of a season ticket. The small shareholders say they were overruled last year, and now threaten to apply for the appointment of a Receiver, unless there is a dividend declared forthwith. A fight is imminent.
Source	Cincinnati Commercial Gazette
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Submitted by	Richard Hershberger
Origin	Initial Hershberger Clippings

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