Clipping:The Cincinnati Club becomes a joint stock company
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| Date | Saturday, December 5, 1868 |
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| Text | A meeting of the Cincinnati Base Ball Club was held at Mozart Hall last evening [i.e. 11/23]. The president of the Club, Mr. A. T. Goshorn, occupied the chair, and Mr. H Beesly acted as secretary. The deeds and leases of the Cincinnati Union Cricket Club, conveying the right, title and interest of the Union Grounds to the Cincinnati Base Ball Club, were first presented and confirmed. The Union Grounds will henceforth be conducted under the auspices of the Cincinnati Base Ball Club. A joint stock company of the members of the Cincinnati Club having been originated it was resolved that the club sell to the corporation formed under the name of the Union Grounds, the right, title and interest of the grounds. It was also resolved that of this $15,000 capital stock of the new association, the Cincinnati Club should reserve to itself $7,500, and that the committee appointed for the purpose dispose of the remaining $7,500 worth of stock, in shares of $25 each. One share entitles the holder of it to a lady’s ticket of admission to the skating pond; two shares entitle the holder to a ticket admitting himself and lady, and four shares secures to him a ticket admitting his whole family. Holders of stock in the association will be entitled to the dividends derived from the gross proceeds of the grounds from skating and the summer games. Under the new corporation, the club intends to rapidly improve the grounds, and give to Cincinnati one of the best skating parks in the country. The new organization assumes the responsibility of all debts owed by the Union Cricket Club, and concedes to them the privilege of using the grounds on each Wednesday of the week, until the expiration of the present lease We learn further that a joint stock company has also taken the Buckeye grounds, the capital stock being fixed at $25,000, divided into shares of $50 each. New York Clipper December 5, 1868, quoting the Cincinnati Commercial of 11/24/1868 New York professionals against the Athletics An informal meeting of the influential members of the professional clubs of New York and Brooklyn took place this week, to consider the question of ceasing further intercourse with the Athletic Club, of Philadelphia. The reason for this action is an alleged series of grievances complained of against the Athletics. We should have though it advisable under the circumstances for the professional clubs to help sustain each other as much as possible, rather than by action like this remove from among their list of contestant in their leading games, a club whose nine when meeting the others in the field draws such crowds as the Athletics do in their games with New York clubs. This action of our professional clubs will probably have the effect of organizing a strong movement against professionals on the part of the Pennsylvania delegation. It is unwise in any light, and can but do harm. New York Sunday Mercury December 6, 1868 |
| Source | New York Clipper |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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