Clipping:The Athletics reorganize as a stock club
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| Date | Sunday, January 2, 1876 |
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| Text | The citizens of Philadelphia have always been noted for the jealous pride which they took in our numerous institution, and it is not too much to say that the Athletic Base Ball Club has been one of the most prominent, and one which every Philadelphian regarded with pride. It is unnecessary that we should dilate here on the pleasure of the game or excite in the minds of our readers an enthusiasm for the Athletic Club. It is sufficient to know that many of our most respectable citizens honor the game with their patronage, and that Philadelphia enjoys a proud position in the world of base ball–a position, it is but justice to state, is due in a great measure to the brilliant playing of the Athletic Club. For some time past, however, it has been painfully evidence that the want of unity of action or some other cause has, so to speak nullified the good fruit of the glorious victories that each successive season witnessed. Whether the fault really lied with the management we cannot say; but the public in the future will look upon the continuance or non-continuance of success as the true test, and therefore, in order to secure a sufficient amount of financial support, which is the all-important and most momentous question, it has been determined that the better course would be to start the organization afresh upon a new principle–that of a stock company–rather than by an apathetic indifference give ground for the observation that Philadelphia cannot support a first-class club. We are happy to inform our readers that the stock is being rapidly disposed of and will soon be at a premium, and that the charter of the purposed company will be ready to be presented to the members of the club at their regular monthly meeting on the 10 th of January, when the certificates of stock and seasons tickets will be distributed. All subscribers and those wishing to subscribe should not fail to be present at the meeting next Monday week. Philadelphia Sunday Mercury January 2, 1876 A meeting of the stockholders of the Athletic Base Ball Club was held last Monday evening... We can safely say that we never witnessed a more enthusiastic meeting than the one in question, and the announcement that nearly two hundred shares of stock had been already subscribed for, proves the healthy financial condition of the organization. The charter of the new stock company was received and accepted; and the new constitution and by-laws, meeting with the unanimous approval of the stockholders, was also adopted, and five hundred copies of the latter were ordered to be printed for the use of the members. |
| Source | Philadelphia Sunday Mercury |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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