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Red Sox Stock Cert Issued br Jimmy McAleer-1913 [176377]

Currency:USD Category:Memorabilia / Sports - Baseball Start Price:700.00 USD Estimated At:1,400.00 - 5,000.00 USD
Red Sox Stock Cert Issued br Jimmy McAleer-1913  [176377]
SOLD
600.00USD+ (150.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2024 Jun 08 @ 18:18UTC-7 : PDT/MST
UNCLAIMED MERCHANDISE: In the event that a successful bidder has paid in full for their merchandise but fails to settle outstanding shipping invoices or make arrangements for merchandise pickup within 60 days, HWAC reserves the right to declare the merchandise forfeited. This forfeiture will result in the merchandise becoming the property of HWAC and the successful bidder shall have no claim to or rights over the forfeited merchandise.
Stock certificate issued by the Boston American League Base-Ball Club (The Boston Red Sox). It is #19 for one (1) share at $100 per share. It is signed by treasurer Bob 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 publisher of the Boston Globe, whose son John I Taylor would take over as owner. This cert was issued August 7, 1913, less than a month after the dispute. This certificate is one of five lots that include historical Red Sox stock certificates. Boston Massachusetts Ken Prag Collection