Clipping:The Providence Club finances; nearly disbands
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| Date | Tuesday, August 2, 1881 |
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| Text | The stockholders of the Providence Base Ball Association held a special meeting this afternoon [8/1], to discuss the financial condition of the concern. It was found that, after estimating the receipts and expenditures for the remainder of the season, there would be a deficit of $1500. While discussing this topic, talk was had of disbanding at once. It was voted to finish the season, according to the schedule. A vote of confidence in the management was then called for. All the officers, excepting Manager Bullock, tendered their resignations. Mr. Bullock was handled quite severely for not disciplining his men and fining them when they deserved it for being drunk continuously, playing poorly and for lax work generally. The vote of confidence was passed, but not until it was generally understood that fines were to be imposed. The stockholders dropping out, there soon became a lack of a quorum. The question of paying the members was not settled, though the salaries were due today. The disbandment looked more imminent than ever when Director Peckham assured President Root that, if he paid the men from his own resources tomorrow, he would be reimbursed, if the club should disband, at the next pay day, the 15th. Had it not been for Mr. Root's action, it is exceedingly doubtful whether the Troy games would have been played. It is understood that three of the Grays have already been offered engagements for the remainder of the season, in case of disbandment. The Grays, by their own foolish conduct, have brought about the present state of affairs. Boston Herald August 2, 1881 A special meeting of the stockholders of the Providence Base Ball Association is called for Friday. The funds in the treasury are exhausted, and, unless the stockholders volunteer to relieve the treasurer, the club must be disbanded. The stockholders are not liable to assessment, and all that can be done is to ask them to chip in. failing to do this, the game will be given up as a league affair for this city. President Root says he will not ask the men to play without pay. The trouble is “a house divided against itself.” There is a split in the ranks of the stockholders, and the game has got to suffer in consequence. Boston Herald August 11, 1881 A meeting of the stockholders of the Providence Base Ball Association was held this noon [8/12] to consider the financial condition of the association. President Root said he had only the interests of the game at heart, and would not be a stumbling block to the success of the nine, and therefore tendered his resignation as president and treasurer. He said that bills amounting to $900 would have to be paid next Monday. mr. Root's resignation was accepted, and Dr. C. T. Gardner was elected to fill the vacancy. Upon taking the chair the new president asked for subscriptions, which were started with one for $100, and soon $1300 was pledged, $505 being paid on the spot. Mr. Robert Morrow was elected treasurer and secretary, and also manager of the nine, in place of Mr. Bullock, resigned. It was voted to play out the schedule of games, and to start a popular subscription at the newspaper offices. Good feeling and intense enthusiasm prevailed throughout the meeting. The association still lives, and in 1882 the contest for the pennant will be opened with all the vigor which marked the successful season of 1879. Boston Herald August 13, 1881 |
| Source | Boston Herald |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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