Clipping:Boston Club finances; ground ownership
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| Date | Monday, April 9, 1888 |
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| Text | The fact is that the treasury of the Boston club is today bankrupt. There is not a dollar in it, so says one of the directors. In the first place, the club purchased its grounds, paying therefor $90,000, a part in cash and the balance on a mortgage. Considerable has been paid on the principal, but not all. Last season it had a heavy salary list and paid $10,000 for the release of Kelly. This season the salary list, the $10,000 paid for Clarkson, and the natural expenses of the season will reach about $80,000, and perhaps $85,000. Then there is the new grand-stand, which is to cost somewhere in the vicinity of $70,000. There has been a terrible blunder on somebody's part, and had it not been for the publication of a description and picture of the grand-stand, now under way, as it will appear when completed, the Philadelphia architect would have been discharged and new plans made. But the directors decided to push it through, and this is why they have such an elephant on their hands, Messrs. Conant and Soden furnishing the money., quoting the Philadelphia Press |
| Source | Chicago Tribune |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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