The Waterbury Democrat., 1935-11-27
NATIONAL LOOP
 TAKE FRANCHISE FROM BRAVES
Bids Asked of Anyone In- i terested-CIub to Re- main in Boston
By GEORGE KIRKsEY


 Limited Press Staff Correspondent
 New York, Nov. 27-(UP)-The Boston Braves, the club even Babe Ruth's magic name couldn't keep put of the red, passed into the hands Df the National league today.
 The franchise and players of the Boston club were declared forfeited last night at a meeting of National league club owners. Along with the franchise and players went 8 $325,- 900 indebtedness.
 Every effort will be made to find D purchaser for the Boston club. If no buyer is found the league will op- crate the club. The franchise will not be moved away from Boston, where it has been continuously since 1876.
 All Over
 The Braves franchise was de- Elared forfeited by unanimous vote of seven club owners (Boston not voting) because of the failure of the club to fulfill its contractual obliga- tions over an extended period of time.
 This is a friendly forfeiture" ex- plained Ford Prick, president of the National league, every effort will be made to protect the stockholders as far as possible. It is now possible to sell the club with a clean bill of health, defining all the obligations which the purchaser must assume. Oneof the big drawbacks heretofore was the unforeseen lawsuits and other complications that might be- set purchaser.
 The value of the Braves franchise and players is conservatively set at $325, 900, enough to pay off all debts. If the club is sold for that figure the present stockholders would be left holding the bag. Charles F. Adams, vice president and majority stock holder, has sunk about $2o0,000 into the club. Adams sai dhe did not plan to make bid fo rtheclub.
 T made one mistake in getting into the club" he said, land I don't plan to make another. Whatever steps the league takes will be satis- factory to me. We invited this &C., tion, as it was impossible to continue the way we were going"
 Not Interested
 Major Francis Murphy, wealthy shoe manufacturer of Nashua, N. H., leading minor stockholder, is not likely to bid for the club after yes- terGay's action. It had been thought that he would head 8 New England syndicate to attempt to purchase the club, but when he walked out of the meeting he apparently lost all inter est in making a bid for control of ehe Braves.
 ''The National league is now in a position to consider proposals in writing for the purchase of the Bos- ton franchise and players on or be- fore the annual meeting in Chicago, December TO-" announced Prick. "At this time no definite proposals have been submitted"
 The forfeiture of the Braves is al- most without parallel in the leagues history. The Philadelphia franchise was declared forfeited in 1906 but this resulted from lawsuits filed against the club growing out of a collapse of the grandstand.
 The sad financial plight of the Braves has drifted from bad to worse for several years. Judge Emil Fuchs who was forced to resign as club president last August, signed Babe Ruth as player, assistant manager and vice president last spring in an effort to save the Braves. The move was a colossal failure for both Fuchs and Ruth. who soon quit the club in Q tragic farewell to active diamond duty.