Clipping:The condition of the Indianapolis Club; charges of financial impropriety

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Date Saturday, November 2, 1878
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The unfortunate–perhaps criminal–ending of the Indianapolis Club is a surprise to many of its friends who supposed that it would at least close the season with sufficient funds on hand to cancel all indebtedness. At a meeting of the directors it was found that the club was some $2,500 in debt, most of which sum was due to players. This disclosure settled the club’s fate, and it may safely be said that Indianapolis will not be represented professionally next year. When the club started from Cleveland on its last Eastern trip there were $2,500 in the treasury–so said the treasurer. The question is, What has become of this money? There has evidently been a good deal of “funny” business going on–somebody has been fooling with the string to the bag. Since the men returned from Chicago, an effort was made to pay them to Oct. 1, but it failed. Messrs. Brown and Applegate were the only stockholders who responded, putting in $250 each. Each member of the club received $50 of this–just enough to get out of town with, but they have not gone yet. McCormick suffered $300 worth, and Quest, Schaffer and McKelvey are heavy losers. An investigation is to be had. Had everything been on the square, the project of a club for next year would not have fallen through. quoting an unidentified Indianapolis correspondent

Source New York Clipper
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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