Clipping:Detroit ownership
Jump to navigation
Jump to search
 |
| Add a Clipping |
| Date | Monday, September 27, 1886 |
|---|---|
| Text | Wholesale changes in the directory of the Detroit Base-Ball Club will be made soon. One important transfer of stock has already been made, Frank B. Preston having sold his 100 shares to George M. Vail for $7,500. The stock owned by Judge Durfee, Joseph M. Weiss, and John B. Moloney will probably change hands this week, going to F. K. Stearns. The directory will be reduced from nine to five, the present year having demonstrated the unwisdom of having a large board. There has been dissatisfaction among the directors the whole season, and it is asserted that is why President Marsh resigned. He will probably resume his active membership next year, as the balance of power will rest with his friends, who value his ability and energy. Mr. Stearns will probably be President. Chicago Tribune September 27, 1886 The change in the management of the Detroit Base-Ball Club was affected [sic] this afternoon by Judge Durfee, John B. Molony, and Joseph Weiss selling their interests to James L. Edson at an advance of $30 above par. The new Board of Directors will consist of Messrs. Edson, Smith, and Stearns, and as the latter now controls most of the stock he will not doubt be made President. Messrs. Durfee, Weiss and Molony were largely instrumental in having the first league team introduced in Detroit and also bringing the present team to its creditable position in the league. Chicago Tribune September 28, 1886 |
| Source | Chicago Tribune |
| Tags | |
| Warning | |
| Comment | Edit with form to add a comment |
| Query | Edit with form to add a query |
| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
Comments
<comments voting="Plus" />