Clipping:The Baltimore club wraps up its affairs
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Date | Saturday, March 20, 1875 |
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Text | A bill of complaint was filed on March 6 in the Circuit Court of Baltimore to wind up the affairs of the Baltimore Baseball Company. Robert C. Hall, John W. Hall, trading as Hall Brothers & Co., Robert C. Hall in his own right, W. J. Davison, W. Stewart Symington, A. K. Fulton and John K. Sears filed the bill of complaint, stating that in September, 1872 they, with others, formed a joint-stock company, called the Baltimore Baseball Club, for the purpose of hiring experts in the game of baseball, forming a club of the experts, in order to derive profit from entrance fees to see the games. R. C. Hall and Messrs. Symington, Fulton and Sears were directors, and W. J. Davison was treasurer. The capital stock was divided into shares of $25 each, par value. The names of the other subscribers to the stock are then given, and it is stated in the bill the operations of the company were carried on during the Summer and Fall of 1873, but were not successful, and the company became indebted inconsiderable sums to the players whom they employed, to the proprietors of the grounds and other persons. The complainants say they have advanced nearly $10,000 at various times for the company, and have not been repaid. They have also been sued as officers of the company by five of the players for their salaries, namely, William H. Craver, Thos. Carey, Thomas York, John Radcliff and Scott Hastings, and by George H. Houck for the rent of the baseball grounds. They say that the company is insolvent; that, owing to the large number of stockholders, it is impossible to get any unanimity or concert of action, and they ask that the statement of an account may be ordered by the Court, that the partnership may be wound up and dissolved, that such of the stockholders as have not paid may be compelled to pay their subscriptions, and that the players who have sued them may be restrained by injunction from prosecuting their suits at law. There are about one hundred and fifty subscribers to the stock named in the bill, for whom subpoenas were issued for the Sheriff to summon them, and when the paper with all their names was handed to that officer he at first took it for a petition which somebody wanted him to sign. New York Clipper March 20, 1875 quoting the Baltimore Sun. |
Source | New York Clipper |
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Submitted by | Richard Hershberger |
Origin | Initial Hershberger Clippings |
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