Clipping:Offers for the Indianapolis franchise

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Date Thursday, January 24, 1889
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Messrs. Dickson & Talbott called at The News office this afternoon and authorized the statement hta tthey will make this offer for the ball club. They will pay all debts, dollar for dollar, amounting in all to over $20,000 providing the franchise, players, lease of the grounds and bill of sale of the grand stand are turned over to them, and they will agree to maintain the club here and strengthen it wherever possible. This is the most liberal proposition made yet and should be accepted, unless a better one should be made. If accepted, it will wipe out all the debts of the club, by paying them off, and place it in the hands of men who will have a great int3resttt in seeing that it is managed properly. The proposition that was sent on to President Young this afternoon, proposes to pay the $10,000 due to the directors and in bank, and $9,250, due the guarantors, and the $1,000, which is Mr. McCutcheon's claim, and any other debts.

Mr. Brush said this afternoon that he and others had formed a stock company to-day and that they would send on to President Young this evening a formal application for the franchise. They have a capital stock of $30,000, and the company is composed of the following gentlemen: Fred Mayer, R. K. Sylers, George Branham, William Schmidt, A. B. Meyer, C. F. Meyer, John T. Brush, Tom Taggart and Ford woods. Mr. Brush says that they stand in exactly the same position as other applicants for the franchise. The company will be formally incorporated this evening.

Source Indianapolis News
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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