New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-02-15
THE OPERA HOUSE MANAGEMENT
rossrI,,ry THAT MR.. ABBEY WILL AxrAS IT

rosurr,ry THAT MR.. ABBEY WILL RgrAN IT
NEXT YEAR.
There was widespread comment yesterday ~
operatic and other circles over the pnoncatlon 9 2
seems to be generally considered certain that Henry
E. Abbey viii not next year hold the position OF
manager. However William G.. Whitney. one Oh
the directors, said to a TRIBUNE reporter:
It is quite possible that Mr. Abbey win retain command
next We shall certainly give him the hrst chance
e sve had mo dns offers vet from other
but several have expressed their readiness 10 take e
Il You viii expressly contradict statement was report
ed TO have made yesterday to the enect that eu mge
in the fan certainly never limited such thing for
know nothing at all about the affairs OF the Acauen' "
Music.
George G. Haven said:
offer manager who promises them the pes, the
whatever the price may be. We want the oes'no' '-'
cheapest. . -,
The forty-six stockholders who offered 70 TAKE
the further amount of stock were o,ye the
reSyr;s,ta majority. and of the remaining twenty
two only four have positively decllneo. r,s mr.
The following extracts from the secretary oIa
| orlar show the position taken by the directors.
After stating thati is necessary for the
ers to raise $245, OOO or $500 per box, 1t con-
| tinues: . 49,.
M notinn of t6is amount is intended for has any
sun been even requested from the board for any alleged
with Mr. Abbey is being performed by both sides with en-
tire satisfaction The earning capacity OF the properly
under any and all circumstances give permanent value
and character to the stock in addition TO the Vae wcn
attaches TO II representing prosperous enieipIse
and IN addition its value by reason OF commanding or
the holder agreeable and comfortable personal entertain
and pleasure. In this last regard tnfougn ne "a
Taxation and enjoyment afforded, in comforaDle ana
we'll ventilated house. tits believed that the oox
are assuming value quite beyond the general expecta
ton This is seen reelected In the market value OF tne
stock for while boxes have been for sale In eac case
the prices which transfers have been made have M
an advance until 500 500 has been paid and or
SI5 600 of stock with the box privileges Herewith Inc
bylaws of the company prescribe that tne use VI sn
boxes by the stockholders shall be upon such terms az
the BOARD of Directors may from time 10 time presclloe
and the evident method of paying this amount Wouu oe
to collect such sum for year or Two az m afeS
floating debt but In that event the stocknoiuer WIGHT
have nothing TO represent his payments ana II Is stock
better 10 issue stock for the amount ana allow e@ on
holder to subscribe for his due proportion w Tdrin1
payable such terms as to date or pacnnH 70 he col
1884 as he may decide, interest at ps % 80 ooh
IecIed npon deferred payments The r value OF eaeh
box will then be $1s,500 Of stock
From conversations with several OF the dlrectors
I IL, ns;dered tha~ any other. save that of MIR.
Abbey as the manN<er tor heAt season. 49,, ho-
a pnbIished stseement that an amalgamationn be-
+,rean The sto,Khoders of the Metropolitan Opera
Uo~Sa and sae Academy of Music and the ABANDON
monf &c me latter, were more than probable, was
donicf by directors of both houses. y imagine,
eaii q director of the new house that we can keep
Ourselves from bankruptcy without the aid OF the
Academy directors. In a few days am convinced
that we shall have raised the money necessary 10
clear us from debt"
Academy director. ''The only boxes which are
worth having at the new house are taken by the
stockholders Some OF them even, near are not
the recent sale of box for SO, 800, about which
there has been much talk, was an AFFAIR between
two stockholders. One of them, a well-known oil
broker, did not like his box and paid tne premium
in order. to secure an additional box more to his
liking"