Evening star. [volume] (Washington, D.C.) 1854-1972, 1953-01-30
Group 10 Run
Cardinals Until
He Sells Stock
Decision Announced
After Meeting With
Ford Frick and Giles
BY the Associated Press

out of baseball today and an
nounced he would sell his stock
in the club as soon as possible.
After an hour-and-a-hal1
meeting with Ford Prick base
ball commissioner, and Warren
Giles, National League president
Saigh announced a special trus-
tees committee would be set ur
to run the club until he can sell
his stock.
He said he himself would ap-
point the committee February %
and he promised it would be
made up of "civic-minded ST.
Louisians. acceptable to the COM
missioner and the National
League"
Pending this appointment, he
added he would continue to op-
crate the club and look after
necessary business, but that, "as
OF this day." he would remove
himself from all active partici-
patton in league meetings.
Three Men to Be Named.
After Seigh read his statement,
Prick said there would be three
men on the trustee committee,
He limited the committee would
be named before the February
% deadline as soon as Seigh con-
tacted men he already had in
mind.
Bill Walsingham, general man
ager under Seigh, will represent
the Cardinals in league meetings,
starting today, until the COM
mittee names a man to operate
the club. He also may be the
man to operate the club after
the committee organizes.
Saigh's chances of disposing of
his stock were termed every
good" by a high baseball author
ity. 1t was understood he had
two or three propositions for
consideration.
The same source said it would
be practically impossible to
move the franchise to any other
city, at least in the 1853 season.
Houston and Milwaukee have
been mentioned as possibilities.
Volunteered Program.
Prick and Giles stood at
Saigh's shoulders as he solemnly
read a brief, prepared state
ment.
In prepared statement of
their own, they said Saigh had
volunteered the program out
lined and in so doing had given
evidence of concern for the well
fare Of his community"
Saigh this week was sentenced
to Is months imprisonment and
fined $4,000 for tax evasion.
The club owners statement
read:
I am fully aware of my obli-
cation to baseball and to the
ST. Louis community of which
the Cardinals have been a great
civic factor for so many years,
Ever since this trouble came
upon me I have steadfastly in
sisted that I would make every
personal sacrifice to protect the
best interests of baseball and my
community.
Procedure Approved.
Il have therefore voluntarily
outlined the following procedure
which has been approved by both
Mr.. Giles and the commissioner:
l. AS of this day, will remove
myself from all active participa-
ton in the meetings of the
league and the operations of the
Joint major leagues.
z. I have agreed immediately
to form a Trustees Committee
to be made up of civic-mindeo
st. Louisians, acceptable to the
commissioner and the Nationa,
League, to operate the club unit,
such time as can divest myself
OF my Cardinals stock. Such
Trustees Committee will be an.
pointed by February % and the
trustees will appoint the oper-
ating head of the club.
3. Until such committee is
formed, I will continue to oper.
ate the club and look afte,
necessary business"
The joint statement by Frick
and Giles read:
Mr.. Saigh volunteered the
program he has outlined and in
so doing gave evidence of hi:
concern for the welfare of his
community, the National League
and baseball"
A few hours before the con.
ference, Saigh said:
Il don't want to sell, but
will not do anything that will
embarrass baseball"
Several Offers Received.
Even before Saigh arrived in
New York, several undisclosed
offers were made for his stock in
the Cardinals, which amounts
to practically 100 per cent. AND
Walsingham had expressed ar
interest in buying the club.
II definitely would be inter
ested in purchasing the club il
and when Mr.. Saigh decided to
dispose of his holdings" Walsing-
ham said. 81 certainly would
hope for consideration"
Walsingham is nephew of the
late Sam Breadon. It was from
Breadon that Saigh and the late
Bob Hannegan bought the Car
dinals.
Saigh, somewhat recovered
from the jolt that may catapult
| him out of baseball calmly dis