Clipping:Chicago Club ownership
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Date | Wednesday, April 27, 1887 |
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Text | The stock is said to bne controlled by the president of the Chicago National Bank. The other large holders are Al Spalding, the president of the club; Jack Adams, at one time a partner of J. W. Doane, but now a raisin broker; Captain Anson, the famous first baseman, and Broker Trego, of the Board of Trade. Originally the stock was very much scattered. It was subscribed by public-spirited men who expected no very splendid return from the money they contributed and who probably would not have been greatly disappointed if they had gotten no return at all. There were dozens of gentlemen who subscribed simply for one share of stock. There are some of these who still hold on to their one-share lots and only wish now that they had been in a little more public-spirited mood when they were solicited to go in to 'help a club which should be a credit to Chicago.' After the nine became famous and the stock began to pay so splendidly it became good collateral, and, like all good stuff of that sort, naturally became scattered by the ups and downs of the men who held it. Genial Billy Murray, who subscribed to a big block of it in his generous-hearted fashion, had to sacrifice his hold because of the disastrous result of one of those plunges which swept his last fortune away. Trego's stock is supposed to be the holding that originally belonged to Murray. John. R. Walsh's control came, it is supposed, from his purchase of the stock that belonged to the estate of the lamented Billy Hurlbut, “the founder of the League,” and the man who first made the White Stockings a familiar name all over the country. Lawyer Culver, who has always done the legal work incidental to the business of the club, is also a holder of some of the stock. |
Source | Sporting Life |
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Submitted by | Richard Hershberger |
Origin | Initial Hershberger Clippings |
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