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Story
October 1, 1930
Douglas Daily Dispatch
Douglas, Cochise County, Arizona
What is this article about?
Gus A. Moser, secretary of the Portland Baseball Club, announces at a meeting that the club is for sale and plans to buy it himself, awaiting majority owners John Shibe and Tom Turner. Two California groups are interested, amid stadium relocation issues due to a city ordinance.
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Portland Club Is Up for Sale, Secretary Says
Gus Moser Plans to Buy; Two of Majority Stock Owners Awaited
PORTLAND, Oregon, Sept. 30 (AP) - Gus A. Moser, attorney and secretary for the Portland Baseball Club, Inc., said at a meeting of the Multnomah Amateur Athletic club Monday night the Portland baseball club was for sale and would be sold during the winter months.
"I have verbal option to purchase the club," Moser said, "and I have nearly half of the amount needed to complete the deal. Nothing can be done until John Shibe, who with Tom Turner, owns the majority of the stock, arrives in Portland."
Moser said he knew of two California groups interested in the purchase of the club franchise.
He said when the club is sold some arrangement will have to be made with the stadium here because of an ordinance which affects a street that runs through the middle of the present ball park. The ordinance provides the baseball club shall build a $250,000 stadium on the present site by May, 1931.
Moser did not say who were the groups interested in the purchase of the club franchise.
Gus Moser Plans to Buy; Two of Majority Stock Owners Awaited
PORTLAND, Oregon, Sept. 30 (AP) - Gus A. Moser, attorney and secretary for the Portland Baseball Club, Inc., said at a meeting of the Multnomah Amateur Athletic club Monday night the Portland baseball club was for sale and would be sold during the winter months.
"I have verbal option to purchase the club," Moser said, "and I have nearly half of the amount needed to complete the deal. Nothing can be done until John Shibe, who with Tom Turner, owns the majority of the stock, arrives in Portland."
Moser said he knew of two California groups interested in the purchase of the club franchise.
He said when the club is sold some arrangement will have to be made with the stadium here because of an ordinance which affects a street that runs through the middle of the present ball park. The ordinance provides the baseball club shall build a $250,000 stadium on the present site by May, 1931.
Moser did not say who were the groups interested in the purchase of the club franchise.
What sub-type of article is it?
Business Announcement
Sports News
What keywords are associated?
Portland Baseball Club
Franchise Sale
Gus Moser
John Shibe
Tom Turner
Stadium Ordinance
California Groups
What entities or persons were involved?
Gus A. Moser
John Shibe
Tom Turner
Where did it happen?
Portland, Oregon
Story Details
Key Persons
Gus A. Moser
John Shibe
Tom Turner
Location
Portland, Oregon
Event Date
Sept. 30
Story Details
Gus A. Moser announces the Portland Baseball Club is for sale during winter, holds verbal option to buy with nearly half the funds, awaits John Shibe and Tom Turner who own majority stock; two unnamed California groups interested; sale requires stadium arrangement due to ordinance mandating $250,000 stadium by May 1931.