Clipping:The Allegheny Club is bought out
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| Date | Wednesday, November 7, 1883 |
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| Text | ...on the 29th, the stockholders met again. It was found that it would require about $10,000 to put the club upon its feet again, and therefore the proposition by several of the wealthy stockholders that the balance of the stockholders assign all their stock in trust to them, upon condition that they assume all the liabilities of the club, was accepted and Mr. A. K. Scandrett was selected as the party to whom the transfer in trust should be made. The syndicate that took of the stock is composed of Messrs. Henry Brown, S. J. Jones, W. Nimick, Henry De Camp, J. D. Convers and Andrew Fulton—the last named is the probable next Mayor of the city—and all are men of means and enthusiastic admirers of the national game. Everything being arranged satisfactorily, on Wednesday all the players of the club were paid their back salaries, amounting in all to $2,500. … It does not appear yet what interest President McKnight has in the new management. It is considered certain, however, that he will continue to vote a good block of the stock. |
| Source | Sporting Life |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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