Clipping:Finances of the Live Oak Club

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Date Sunday, September 16, 1877
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The Lynn Live Oaks, after a checkered and zigzag course, disbanded per order of the directors last evening, and for the balance of the this season, at least, Lynn will have no base ball nine, although the grounds are open to all clubs who wish to play. The nine was managed at first by 20 stockholders, who put in $50 apiece, but by the time half the season was over six stockholder withdrew by paying $100 apiece, and the remaining 14 have had to go pretty deep into their pockets to meet the expenses of the team. It is estimated that, after “paying up,” the stockholders will be $5000 out.

Source Boston Herald
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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