Clipping:The Athletic Club collapses
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| Date | Saturday, September 20, 1890 |
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| Text | ...The adjourned stockholders' meeting was held on Monday night. It was soon discovered that the stockholders were no nearer raising the needful cash than they had been on the previous Thursday night. All sorts of propositions were considered, and after talking over the matter for three long hours Joseph Snellenburg, Benjamin Shibe, Richard J. Lennon, Thomas Mink, George S. Horn and George M. Taylor were appointed a committee to devise ways and means for obtaining the money to pay the men off and defray the expenses of the western trip. The players, through Captain Welch, were notified to report to President Pennypacker Tuesday night at eight to receive their checks. After the meeting Messrs. Pennypacker, Whitaker and Sharsig all declared that the club would finish the season and meet all its bills. Manager Barnie, who had been notified by President Phelps that no special meeting of the Association would be held, was present at this meeting in the “interest and as representative of the Association.” he was assured that the players' salaries and other debts would be paid in full, and he seems to have been content to take their word for it and permit matters to take their course. … ...On Tuesday night the players assembled in high good humor over the prospect of getting their much-needed back salaries. At 8o'clock, the appointed hour, everybody concerned except the committee was on hand, and their arrival was anxiously awaited. Time slipped on, however, and no committee made its appearance, and hope died within the needy and anxious souls present. Still they waited, hoping against hope, but at 10 o'clock it could no longer be concealed that no arrangements for cash had been or could be made. Treasurer Whittaker, in his usual bland and suave manner, told them, with faltering voice and tear-dimmed eyes, that he was pained to inform them, etc., etc., that, owing to, etc., etc., the club was in the soup, and that it could not pay the salaries,but that he would like to take as strong a team as possible on the Western trip, and that he would be willing to continue all hands at the same old rates. This was a facer for the players, many of whom had confidently expected to receive their money. Curt Welch was the first to break the silence. “Well, then, I'm free from the Athletic Club, am I? Well, give me my release.” This President Pennypacker proceeded to do with an alacrity that was astonishing. All the other players, with the exception of Purcell, Conroy, Green and Shafer followed suit, while the President of the club was writing out the releases of the different players,each one in turn paid his respects to Treasurer Whittaker, who had to stand a severe tongue lashing from all of them. |
| Source | Sporting Life |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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