The Providence news. (Providence [R.I.]) 1891-1906, 1893-03-25
THE BASEBALL SEASON.
The Providence Club ReOr6anizeS on a
New Basis.
EXPENSES TO Be REDUCED $1,000.
The New Organization to be Capitalized
at S3.0O0--Beiief That the Coming
Season VIII be a success Other Sport
ing News.

The adjourned meeting OF the the
Providence Baseball association was held
last evening at the Narragansett hotel.
About sixty stockholders wers present
and a quorum was represented by
proxies The following resolution was
voted upon and passed;
Resolved. That the Providence baseball organi-
zation shall be disbanded and its FRANCHISE lease
Of fixtures and all propsTty rights and privileges
organization. which shall be its successor, when
Ssr susn na b orasnnd under niEo ~ and has the
ofcers 81 this organization be direct Il to so turn
and ppiviieges fer sum rufcient 10 lquidate the
indebtedness OF the present Providence bas ball
Essoired. Further. the members Of the present
organzato shall have the frs chance 10 sOoscribe
for stock I'm the new organization.
This resolution was called forth by the
statement that the recapitalizing Of the
organization could not be done nnder
charter that does not permit of levying
an assessment on the stockholders and
action was at once taken to remedy this.
After considerable discussion IL was de-
cidsd TO capitalize the new organization
at So 600. the stock to be in shares OF $50
each par value. A committee consist
ing Of w. w. Burnham. 4. Il. Donohue,
w. l.. Draper, Oscar Stahl, M. j. FaQan,
j. +. Downey, Hugh Brady and II. S.
Tanner was appointed TO solicit subscrip-
tions and
Procure n Charter
under the name of the Providence Base
ball company, and Manager Burnham
then discussed the situation in baseball
and the prospects for the national game
next season He said that while he had
been disappointed in the failure OF the
club TO make money last season, yet he
had not lost faith i'm Providence as city
capable of supporting q high grade of
baseball. The difficulties encountered
by the club last year were
fully explained, as were also the
difficulties met by all the clubs through
out the country. Most of the trouble
was due TO the double championship
season. which was unduly long. and TO
the awkward ten club schedule, with
numerous trips incurring heavy travel
ing expenses, Aud then there was the
fact that the year was presidential
year. and in such a case the outlook for
baseball has been poor.
The plan of work for the Providence
club in the coming season was then
clearly stated, and IL was seen that he
plan is based on "A more economical basis
than has prevailed for many seasons.
The salary account of players alone
amounted to an average OF 81, 360 per
month last year and it will be but 81. 500
pr month this season. With players re-
served and many
Tirst-CIass Men Available,
with no other league competing for their
services, it will be comparatively easy to
place strong team In this city Mt the
reduced cost. The shortening of the sea-
ron saves one months salaries. The sea
son will be started "A fortnight later and
will close fortnight earlier. This iime
<.fF hAx x,1o
periods of usually unfavorable weather
nere will be a great saving in cost of
grounds and parapherDalia, which are
now possessed in good repair. A schedu
for thrse games in each city on
each trip will reduce the number OF trips
one-half, and thus heavy tax will be
essened. The club will not have to nav |
10 per cent of its home receipts to the |
Leag ue, as IL did last year. and in a city |
that has as large home patronage as |
a substantial advantage will |
be gained.
A careful estimate Of the cost of car |
rying on the team this season was made, |
and it was figured that the club could be |
Tor more than $1,000 less than |
last season, and in this only the posi- |
lively fixed reductions are included.
AT the very first ot the meeting il was |
found necessary to change the orQaniZa- |
tion. Nothing was possible under the |
DID orRanlZatlon, IL ha1 no cash capital |
10 start In business with, and the stock |
holders under the charter were not liable |
To assessment beyond the amount origi |
nally subscribed. The only way in |
which funds could be raised WAS by pro- |
curing subscriptions from every stock |
holder and unless all the stockholders
came in with funds the distribution of |
prospective earnings could not be ar |
ranged satisfactorily.
Ii was impossible to obtain unanimous |
agreement to an assessment or new sub. |
scription. Some OF the stockholders OF |
the last season are unable to contribute |
by reason of i'll health or business re. |
verses. and in some instances death has |
the situation. Some of |
those who subscribed last season |
were Indifferent and took little in |
interest in the affairs of the organiza- |
ton. Many of them contributed f1r the |
sole purpose OF establishing "A club in |
his city for the benefit that may be de- |
lived in a business way aud by advertis- !
ng the city This Is frequently the case |
N baseball enterprises. aud each season |
new stockholders take the places OF old |
ones, and for these reasons the organiza- |
tipp WAS cb IN anuad