Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-10-17
MAY MAKE OFFZa
FOR TIGER STOCK
Tom BIaney TO See Ebbets
Again-LittIe Is Done at
Meeting.
WANT MORE INFORMATION

Definite steps toward the formation
Of stock company to purchase the
Newark international League Club
were taken at a meeting OF local
business men held last night at
Krueger's Auditorium. There were
seven personal responses TO the invi-
tons sent out to attend last nights
meeting, those present being: Philip
Krimke, who at present controls a
few shares in the club; Tom Blaney.
Moe Reichman. Timothy Foyle.
David Heller, John Lederer and
Charles Lyon, representing his
brother, Ernest Lyon.
No cash subscriptions were made
last night to bind those present, but
each pledged bis word that he meant
business. Tom Blaney will visit
Charles H. Ebbets. head of the con-
trolling interests Of the Newark Club.
to discuss the subject and perhaps
make an offer.
The main topic Of conversation last
night was the valuation of the club
and It's assets. A majority of those
present seemed to think that 500, 900
was not too high, If it brought in q
profit of Is per cent, or s25, 600, as was
the case last year, II is said. Others
believed that 100000 is too steep and
that the profits this season are ex-
ceptionally high because of the ex-
cellent weather-not a postponement
being recorded on a Sunday during
the season and only one or two dur
ing the week, owing to rain.
Because of the lack of definite in
formation there was some discussion
on what Mr. Ebbets would consider
the assets of the club, It is said II
is apparent, however, that Ebbets
could not recall any of the Newark
players, as they are assets of the club,
and he contributed 81, 900 In players
in part payment for his stock, instead
OF putting up the cash, according TO
his own statement.
Besides those who were present last
night, it is stated that four others
| have expressed a willingness TO invest
in some of the stock If the scheme
goes through. They are: Sheriff
John F. Monahan, County Clerk Jo-
seph McDonough, Albert Koenig and
Joseph Wiedenmayer. Matchmaker
is the largest of the minority stock
/ holders. He controls twenty shares
at present. If the new company can
get control of the stock owned by the
Ebbete, McKeevers. Medieus and Sol
ONION combine. practically every
share will be owned by the stock
company. 1t is understood that
Henry W. Medicus is anything but
anxious to sell out, and that he wants
good round sum for his stock, boost-
| ing the price Of the club considerably.
Tom Blaney was appointed to see
Mr.. Ebbets to obtain additional In
formation and perhaps make an offer
at his earliest opportunity. Follow
ing this conference another meeting
! of those interested will be called.
| Moe Reichman and Philip Krinke.
who are among the prime movers In
the affair, are both baseball enthusi-
asts, particularly Krimke. He held
several shares of the Newark Clubs
stock during Walter Burnhan's time.
later he sold most of his shares. but
he is eager to get back in the game.
sions at Wiedenmayer's Park and has
a lease on them which Will not expire
for two more years.
Among other things there was tsik
of park at more convenient spot
than at the foot of Wiedenmayer's
Park. Very likely nothing could be
done along these lines for some time
7 to come, however The present lease
on Wiedenmayer's Park will expire in
six years. This fact and the difficulty
in obtaining suitable property conve-
nient to and easily accessible for
baseball enthusiasts residing in all
sections of the city has been detri-
mental TO the club for some time, they
/ saw