Clipping:Columbus Club finances 2

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Date Monday, October 22, 1883
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[reporting on the stockholders meeting of 10/16/1883] Treasurer Gundersheimer reported the receipts as having been $19,365,78, expenses $18,268.98, balance $1,096.80. Included in the expenditures are $900 which has been advanced to the players. The final salary list will be discharged to-day, the amount being $712. There will be about $600 more advance money to be paid, which will leave the club short in the neighborhood of $300. Counting the advance money as so much capital, the club is about $1200 ahead for the season. The report showed that Mr. Phillips had two weeks' salary, amounting to $40, coming to him, and that he owed the club $100 for score card privileges. As there are a few bills out yet, a complete financial statement could not be made. An auditing committee was appointed to look over the treasurer's books and report at the next meeting. The Sporting Life October 22, 1883

The auditing committee reported the books in such a condition that they could not make anything out of them in the limited time allowed, and asked for more time, which was allowed. There is a general opinion that the integrity of Mr. Gundersheimer is not questioned, but his accounts are not in a lucid condition. Phillips, ex-manager, was there, having returned from St. Louis for the purpose of submitting an explanation of accounts, but failed to materialize. The Sporting Life October 29, 1883

Source Sporting Life
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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