1877 St. Louis Cardinals in Chicago, Illinois For Sale
xxxx St. Louis (Brown Stockings) Baseball Association STOCK CERTIFICATE. Extremely rare numbered certificate for one share, measures 10 3/4" x 7 1/4"and is signed by Team President John Lucas and Secretary John A. O'Toole. Certificate shows an early baseball scene at the top. The Brown Stockings were a Professional team that joined the National Association in their final year before becoming a charter member of the new National League created in xxxx. They stayed in existence for the first two years of the new NL.
The Brown Stockings became involved in a fixed game scandal during the xxxx season. Owner John R. Lucas faced the possibility of being disbanded and expelled from the league, so he turned the club into an independent team until they joined the American Association in xxxx, when the original Brown Stockings name and colors would be resurrected as the St. Louis Browns of the American Association and who would later become the St. Louis Cardinals.
The total authorized capital stock was $20,000 in $50 per share increments, so mine is 1 of only 400 shares of original issued stock for this great baseball franchise. I do not know how many of those original shares survive today.
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