Clipping:Cincinnati Club finances, ownership
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| Date | Wednesday, February 23, 1887 |
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| Text | When George M. Herancourt, ex-city treasurer, retired from the presidency of the Cincinnati Base Ball Club in ‘85 he owed John Hauck, president of the club last season, the neat little sum of $74,000. Mr. Hauck accepted the base ball stock owned by Herancourt in part payment of that debt and credited him with $7,600 on account. A lot of State secrets were made public in the Common Pleas Court a few days ago. Herancourt was interested in the Cincinnati Fish Company and Maltby & Co., of Baltimore, were heavy creditors. This Monumental City oyster firm brought suit against John Hauck, alleging that the stock secured from Herancourt was worth $4,500 more than he paid for it. In the trial of the suit it was developed in evidence that in 1885 the Cincinnati Club lost a cool $10,000, but that last year, despite the misfortunes that piled mountain high upon the club, money was made. True, it was very little, but there was enough to pay the interest on the money loaned to the club. The Sporting Life February 23, 1887 The agony is ended. Judge Harmon to-day [3/5] made entry in the Cincinnati Club suit. He finds the Cincinnati franchise was worth $15,000 at the time of the transfer from Herancourt to Hauck, and decides that hauck must credit Herancourt with $10,000 more than he has done. The club’s title is all right, and no public sale of the franchise will be made. The Sporting Life March 9, 1887 |
| Source | Sporting Life |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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