The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-26
OPTION STORY Rifles
HUSTON AND RUPERT
Fifty Thousand Dollars Paid
Was Advance Settlement
for All the Stock.
SALE SURE OF COMPLETION

Capt. T. l.. Huston, who with Col.
Jacob RUPERT. Jr., was reported to have
purchased the New York American
League club recently. declared upon his
arrival from Chicago yesterday that an
interview he had given writer OF that
city has been warped to make It appear
that the club had not actually been bought
from Frank Farrell and William s. Dew
cry. The Captain said the false note
OF the report sent from the Windy city
hinged upon the use Of the word option"
in connection with the late transaction.
lie admitted that the club stock held By
the Farrell and Devery interests had not
yet been transferred to Col Rupert and
himself that $50. 900 only of the purchase
price had been paid by the latter. But
this. he maintained. was in strict accor-
dance with the terms Of the sale as an
nounced officially several weeks ago.
~ denied the option phase of the story
in Chicago yesterday said Capt Huston
II wish to redeny II here as emphatl-
cally as possible. The $4,000 already
paid was In no sense for an option. 1t
was the first payment in strict keeping
with an agreement with the former
owners
These men wished some time to ar
stock without encumbrance-a matter
upon which We insisted from the start
and IL was at their solicitation that Janu-
AIRY 30 was selected as a date for actual
transfer There is no possibility OF our
end OF the deal falling through The
former owners have hut to carry out their
part OF the contract: to furnish the
unencumbered stock next Saturday. II
they should fail to do this they could not
keep the $4,000. II that sum had been
paid as an option We would have no claim
upon the sum"
Col Jacob Rupert substituted the
story of Capt Huston In every particular.
I'VE went Into the matter thoroughly"
said he. and finally threshed out every
detail TO our mutual satisfaction. One
of these referred 10 the payment for the
stock. We paid $50, 900 down to bind
the bargain. not as any option. The rest
was promised az a time when Messrs
Farrell and Devery would be ready to
complete their part OF the transaction.
That IL Just how the matter rests
do YOU think for a minute that we
would have allowed an oftctl announce
ment OF the sale TO be made II we had no
greater claim upon the club than an OPP
ton? We have appointed vtrious officials
and gone ahead with plans for spring
training. There has been no hitch and
there will be none.
The report that We have held off be-
cause OF the baseball suit In Chicago Is
absolutely false. We agreed before that
suit upon the dettils of taking over the
New York club and we will fulfil our part
OF the bargain irrespective OF the outcome
/ OF the lawsuit. The former owners are
not disputing our rights in the matter at
all They are quite satisfied with the sys-
TEN OF payment"
latest question of the integrity OF Col.
Rupert and himself IN connection with the
purchase OF the club may have been in
snired nv an official who was very active
In the old administration.
when / was letving for Chicago I saw
Arthur Irwin, former business manager
OF the New Works, in earnest CONVERSE
tion with Robert Il. Ward. president OF the
Brooklyn Independents and vce-presdent
OF the Federal League. Irwin escorted
Ward to the train. Shortly after my ar
rival in Chicago a newspaper man who
always has been friendly to the FedeFals
accosted me with the information that
had nothing more than an option on the
club. for which | paid $4,000. ! then eN-
planned as have explained in this inter-
| view, just what the $4,000 represented
/ There was no reason for secretiveness
There was no effort AZ evtsion. The trans
action had been considered personal
/ matter. and 1t was not believed that the
public would care rap how much Mr.
! Rupert and | paid down so long as We
purchased the club. That Is what We
have done, you may depend upon IT,"
Manager Donovan was in he clubs
| temporary offices at the Hotel Imperia
20 welcome capt. Huston. Bill is kept
/ busy reading his mail. old friends hav,
( not got through congraulating him, Will,
every thanGeron from Maine o California
| is looking for some kind OF "A job.
Huston announced that the selection o
a training camp would be left entirely tC
| Donovan, who set out yesterday fol
Georgia. 1t seems more and more certain
| that savannah will he chosen. Corpus
| Christi. Tex, however. has entered tn,
field against Columbus, Ga.
So certain does Capt. Huston appeal
that the last detail of transfer will b,
effected early Saturday that he has
planned to leave Saturday afternoon OF
evening for Havana. Cuba. lie will max,
"A dying business trip to the Island II,
wishes to be back in New York for tn,
schedule meetings OF the major leagues.
While Capt. Huston has masked him
self with all the mystery OF the Sphn,
no does not deny that his club is anxiou,
to improve by Judicious trade. Donovan
will take his place among the American
| League nabobs at the spring meeting de