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Boston Red Sox Stock #5, 1912 [191149]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:400.00 USD Estimated At:800.00 - 1,500.00 USD
Boston Red Sox Stock #5, 1912 [191149]
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Stock certificate issued by the Boston American League Base-Ball Club (The Boston Red Sox). It is #5 for 41 shares. It is signed by treasurer Robert McRoy and club president James McAleer, a former major league pitcher and manager, who was an owner of the club from 1911-1913. McAleer's tenure as part-owner of the Red Sox came to a swift end. On July 15, 1913, McAleer became involved in a dispute with the AL president, Ban Johnson, when McAleer forced the resignation of Red Sox manager Jake Stahl, one of Johnson's closest friends. While McAleer claimed that he released Stahl because of a foot injury preventing Stahl from serving as a player-manager, rumors suggested that the two men had strong personal differences. Following a bitter quarrel with Johnson, McAleer sold his holdings in the Red Sox. His feud with Johnson turned out to be a lifelong affair, despite efforts taken by their mutual friend, Charles Comiskey, owner of the Chicago White Sox to smooth over the rift. McRoy was a secretary to Johnson and was placed in this position as secretary to sort of keep an eye on McAleer. After McAleer's "Retirement," McRoy returned to the league office. This certificate was issued to Robert B McRoy on March 6, 1912. There is a small bit of upper right toning.




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Date: 1912
Country (if not USA):
State: Massachusetts
City: Boston
Provenance: Ken Prag Collection