Clipping:The reorganized Chicago Club

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Date Sunday, March 18, 1877
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No comment has been made in Chicago on the fact that the White Stocking Club for this season is under a new organization, a new name, and a new charter. There is, however, more semblance than reality in the change, for the reason that the same head governs affairs that has done so for some years. The change grew out of the fact that the charter of the Association which had been at thte back of the Club expired by limitation about with the contracts for last season. A new charter was therefore applied for in September, and, after due formality, received. The organization under this was called “The Chicago Ball Club,” and the capital stock was fixed at $20,000 in 200 shares of $100 each. This was taken at once and by a much smaller company of men than held the old stock, less than thirty persons putting down their names for the whole 200 shares. The organization was completed by the election of a Board of five Directors, composed of John B. Lyon, William H. Murray, Edwin F. Dexter, A. G. Spalding, and W. A. Hulbert. This Board then elected as the officers of the club W. A. Hulbert, President, and A. G. Spalding, Secretary. The affairs of the old Association were closed out, and its property sold, mainly to the new club, the proceeds divided, and it passed away to give room to the new dispensation. The advantages of the “new deal” are its compactness of interest, and the fact that it contains within its small number of stockholders all the best elements of the support of the game in this city.

Source Chicago Tribune
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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