Clipping:A sheriff's sale of the Allegheny Club
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Date | Tuesday, December 7, 1886 |
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Text | The franchises of the Allegheny Base-Ball Club were sold today [12/6] by the Sheriff to A. K. Scandrett, trustee, on an execution of $30,788. This sale is said to divest all claims of the original stockholders upon the club’s property, and the debt for which it was sold was created by money to the extent of $29,940 loaned to the club three years ago by W. A. Nimick, H. R. Brown, and E. C. Converse, for whom Mr. Scandrett is trustee. Chicago Tribune December 7, 1886 The franchises of the Pittsburg Club have been sold by the Sheriff for $30,778. It was not a forced sale from financial difficulties, but simply a private arrangement by means of which a number of disgruntled stockholders were got rid of. The club is now said to be on a better financial footing than ever. The Philadelphia Times December 12, 1886 |
Source | Chicago Tribune |
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Submitted by | Richard Hershberger |
Origin | Initial Hershberger Clippings |
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