Clipping:Ownership of the Louisville Club

19C Clippings
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Date	Wednesday, June 20, 1888
Text	[from the Louisville correspondent] I am now able to announce the terms upon which Messrs. Lyons, Jackson, Zach and John Phelps sold their stock in the club to Mr. Davidson. The Eclipse Base Ball Association was incorporated in 1882, the first year of the American Association. The capital stock was placed at $3,500, divided into shares of $10 each. Mr. Davidson, until recently, owned 100 shares. Messrs. Lyons, Jackson and the two Phelps owned 201 shares. Mr. Davidson bought all this, paying $22.50 per share. He now owns 301 out of the 350 shares of the capital stock. The remainder, with the possible exception of a few scattered shares, is owned by Vice President and City Manager John R. Botto. If the club can play winning ball this will be a good investment for Mr. Davidson, as $22.50 per share makes the valuation of the club $8,750. If it continues its present record, however, no money can be made.
Source	Sporting Life
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Submitted by	Richard Hershberger
Origin	Initial Hershberger Clippings

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