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Story January 14, 1924

Imperial Valley Press

El Centro, Imperial County, California

What is this article about?

Chicago Cubs president William L. Veeck to transfer 5000 shares of Los Angeles ball club stock to its president Joseph H. Patrick, separating the teams financially. Cubs to train on Catalina Island starting late February.

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Full Text

CHICAGO TO TURN OVER 5000 SHARES L. A. CLUB STOCK

LOS ANGELES, Jan. 14.—Before the annual meeting of the stockholders of the Los Angeles ball club today, President William L. Veeck of the Chicago Cubs will turn over to Joseph H. Patrick, president of the Los Angeles club, 5000 shares of stock that the Cubs have held in the local club. This deal will make the two clubs separate and distinct, as far as the financial end of it is concerned.

The main squad of the Cubs will leave Chicago about the 27th of February and will go direct to their training grounds on Catalina Island, according to Veeck.

What sub-type of article is it?

Historical Event

What themes does it cover?

Fortune Reversal

What keywords are associated?

Chicago Cubs Los Angeles Club Stock Transfer Baseball Teams Training Camp

What entities or persons were involved?

William L. Veeck Joseph H. Patrick

Where did it happen?

Los Angeles, Chicago, Catalina Island

Story Details

Key Persons

William L. Veeck Joseph H. Patrick

Location

Los Angeles, Chicago, Catalina Island

Event Date

Jan. 14

Story Details

Chicago Cubs transfer 5000 shares of Los Angeles club stock to its president, achieving financial separation. Cubs plan to train on Catalina Island from late February.

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