Show Garden Company Bids for Giant Baseball Organ Organization N. N Y Club Officials Consider Offer McGraw VI Would auld Retain Managerial Reins MIAMI BEACH Fla Feb eb 23 The AP-The dream of the late Tex an outdoor arena aIena in New NewYork NewYork York City that McGraw could be converted convert convert- ed cd into a mammoth mammoth mam- mam moth 11 stadium t no diu m dedicated to boxing box box- lug ing was neal nearer c- c realization za today than ever the lifetime of the a famous i A n offer of f for 75 4 1 pel Ie iW cent of the thc stock in the National rj Exhibition corn como II X A v pany pany- controller of r x the New ew York Giants In tho National league has haR been made the three principal owners own own- ers eis of the company by the directors Of f the Madison Square Garden eOl cor- The offer was taken aken under un der consideration by Charles A. A Stoneham president of the company corn com pany FrancIs X McQuade former treasurer and John McGraw manager manager man man- ager or of the team after a discussIon here Saturday with William F. F Carey new controller of the Garden affaIrs STONEHAM TALK Although Care Carey refused to con con- all the tue details outright for fOl fear that publicity would spoil the deal news or of the negotiations leaked out following a conference here Saturday Satur- Satur Jay day between Carey and McGraw who flow lew to Miami 1 Beach from flom Havana Havana Ha- Ha vana and left the same night to tolay tolay lay the proposition before Stoneham In New ew York The three own all but one quarter of the stock in the company The Theother other largest block of 20 per cent was purchased recently by William F. F Kenney close friend or of former Governor Alfred E. E Smith of New G Garden den directors Including Richard Richard Rich Rich- ard 1 F. F Hoyt and James I. I Bush the prIncipal stockholders came to Florida recently to attend the SlIer SlIer- match next Wednesday Wednes day night and formed plans for purchase pur pur- chase of th ball club Another deal leal in I event that all three of the principal stockholders fail to accept ac- ac the first proposition involves the purchase of Si 51 per cent of the club lub from Stoneham for A meeting or of the board of directors directors tors of the Garden corporation has been called f for r March 5 when when- all members or of board will have returned re- re turned to New York it was said sald liere Plans for purchase of tile the club contains tile the clause that McCraw McGraw Mc- Mc Craw Graw shall remain as manager of the team DISAGREES I The disturbing dement In the situation sit sit- Garden authorities said here wasP wag tile the refusal or of McQuade to agree aree so far fal to any deal eal with Stoneham McQuade recently waS retired a as treasurer or of tile the ot after i. i with other 0 of tile the club A long longstanding longstanding standing agreement among the three Principal owners they said prevented anone from flom soiling his share In tile the Giants without the of tile the other two For several years ears before ills his death earl early this year cal at- at tempted to purchase at different both the tue G Giants arts an and tile the New 1 York Yankees Tex always ex cx- oed that personal differences with Stoneham prevented the deal NEW YORK Feb 23 AP Ef forts to reach tile the three principal of the New York GIants baseball club for comment on Madison Square Gardens Garden's octer of for tor tile the club failed tonight Charles harles A. A Stoneham president ot of tile the Giants could not be located either at ilLs his office or his home John McGraw i teenager manager of the club and a stockholder as well was reported re- re ported on eu ills hIs wa way r to Sun San Antonio I and alid Francis FranchI X McQuade was In Miami l Beach Fla |