New-York tribune., 1919-01-15

in the NallOHdl A<SdSu ue, aieSA d SdIt
hut perhaps just as frequently sunk
their history be taken into consider
the highest bidder.
And it took high bidders TO buy
these Giants. whose fame has been
sung for years in every household from
Father Fan to Jimmie and Johnny and
the rest Of the male brood as they
hugged to their breasts their first base
ball bats. while little sister or sisters
we're hugging their dolls.
The money exchanged in this man.
moth deal of baseball amounts to more
than a million dollars. How much
more perhaps never will be accurately
known. but it is safe to say that some
100000 in addition to the million
was dangled as bait before the Brush
interests swallowed the hook
MIR. Stoneham New President
The new owners of the far-famed
Giants are Charles A. Stoneham. a curb
broker, of al Broad Street, this city;
Francis y. McQuade, New York City
magistrate. long known as one of the
most rabid followers of the game, and
John J. McGraw, under whose direction
IS manager the Giants have captured
five pennants since 1902.
Mr.. Stoneham will succeed Harry N
Hampstead, son-in-law of the late John
7. Brush. as president; John J. Nc
Graw Will serve as vice-president and
Judge McQuade will hold the check
book as treasurer in the place of N.
Ashley Lloyd, of Cincinnati. 1t is
practically certain that John B. Foster
will be retained as secretary.
The three names first mentioned are
announced as the purchasers. but it is
understood that several other local
business men are financially interested
in the deal. Mr.. Stoneham is known to
have had close business associations
With prominent Tammany Hall leaders
for several years. So the war song of
the Giants of the future may be our old
friend, "Tammany Tammany!"
The new board of directors in its en-
trety will comprise Charles A. Stone
ham, Francis \. McQuade, John J. Nc
Graw, Ross f. Robertson, John Whalen,
Horace A. Stoneham and Leo j. Bundy.
sIr. Hempsteads Statement
Mr.. Hempstead's formal statement
regarding the sale follows:
This day l have, in conjunction
with Mr.. N. A. Lloyd, co-executor
and trustee of the estate of John
T. Brush, PASSED the stock to
Messrs. Charles A. Stoneham, Francis
x. McQuade and John j. McGraw,
who win in future, | am sure, keep
the Giants thoroughly successful
organization.
| have many regrets, indeed, hut
feel that 1t was for the better in
serest OF the estate and those de-
pendent uron it to accept the offer
Of stoneham and his associates. and
those associated with me feel the
same way. have nothing but
thanks for the generous friendship
OF the fans who have been loyal
10 the team in its many ups and
Downs under my control. I want to
1 tnank also the newspaper men, who
have been most kind to me, and with
8 number Of whom l have formed a
close friendship.
II Is hitting 10 say that in releas-
ing the club that it continues in the
/ hands Of Mr.. McGraw, who will be
advanced to part ownership in the
offsanalzatior, ofaa., and Is one more step
OF advancement for him from the
time number Of years ago when he
hrst entered on his duties to the
cluo. He is entitled to much credit
enc praise for his untiring efforts
1or The benefit of the club. am
sun much interested in the club and
rs success with my associates and
myself as unit. I am the third
largest stockholder in the organiza-
New Owners Announcement
4, lhose VINO have assumed control of
make:
The control Of the New York Ma
.lonal League Baseball Club, hereto
,ore held by the Brush estate, has
y yeen purchased outright by New
.0rk interests, consisting of Charles
q. a. S'oneham, Judge Francis X. Nc
Xuade and Manager John J. McGraw.
n M. otoneham succeeds Harry r..
hampstead as president, Judge Nc
TTaSoe Is the new treasurer and Mr..
sicuraw ig vice-p president and will,
" course, continue as manager.
ne new owners take possession
WIN keen sense Of responsibility
.he public Of this city and Of the
.Its eHNts country. They realize that
.ae New York Ball Club is some
sning more than mere private bust
lsss enterprise; that, in its playing
department, it belongs largely to its
patrons, and their aim VIII therefore
Be to cater always primarily to their
comfort and wishes
Ar Stoneham, who is the largest
sonsributer 10 the purchase, is an ar
ssns Ian Of long standing and is a
fleat lover OF sport for its own sake.
;aoge McQuade is well known to the
ssssoaA public for mis- active sup
s'ts and assistance to the game on
many occasions.
Manager McCraw needs no intro
esesion 10 the baseball public of this
Vt any other city"
Many Rumors OF Sale
g.. nunor after rumor has been float
~. ABOUT IN the world of sportdom
sra. ra. lne Giants we're on the market
~ 'inee December Of last year
- mrs. Ale was that George W. Loft,
~. eshay man and former representa-
ss,a;n ~ congress, vas the head of a
emsSe which waS reported to have
| ses one OF those coolest millions
- me New York Club.
pa.s. as said at Inc tiec that James
r,. me grocer and racing protoge,
Jsss 'nNfested in this particular offer.
d. .. sisSraw was 10 be retained by
ns," w" management az president and
tssssst With salary Of $50 ,0OO--bu
uis. was come hitch and the whole
cannmmuxed.
sssss~f z was whispered most myster-
Hss,xs nut nnoout the sport diggings that
srS 4 ftazea, owner Of the Red Sox
kas Mgsstr'cai promoter, had tried to
3 "a ,b ss''ss same Giants and htiIl later
ssser S si, pao year was sbbing fast an.