Show I May Reorganize Jeffries Club I i H-i-H I I vH M i. i v I WANTS WATS or T r t l. l LOS S A ANGELES Cal Jan Tan 7 i 7 K or J Frank of Milwaukee t known as tho tho millionaire new new- t J- J J has bas wired to Baron Lone f inquiring how bow ow much mcney it eor e- e jit j- j it J or would take tako to 5 swing in a mai rit v 4 of tho stock of the Jeffries 4 v r club dub of oC this cSt city v vt H I i H H H t H 1 i. i BY JA JAY Y DAVIDSON If LOS ANGELES GELES Jan 7 Tlc i.-Tlc Thc an- an yesterday by the directors of the Jeffries Athletic club that it had been decided to wind up lip the business affairs of oC the tho club dub and ana sell out to a anew new management cau caused ed quite a surf sur- sur f prise along the tho Rialto and the impression impression sion tion that flint the club would cea cease to exi exist t and that the tIu round five name came inthe in r the south would go o out of existence A created general regret Investigation m f F however reveals that the thc situation ih is is r not as 35 had bad as it appears upon the eurl eur eur- l j face ace and the prospect is most excellent for tho the club to in business 5 Baron Lou Lon Long has decided to draw out nut of of the tho club if it ho can dispose of his interests in in- and aud this occasioned the decision 10 lo wind up UI tho the affairs and sell out to toa toa a 3 new nc management In the thc event nt that Ion Long Ions ran dispose of his hi holdings to his J satisfaction at 1 a few fen of the directors Nob- Nob ahl will go zo back into the organization I and r reorganize or the dub Hub with the assistance assistance assist assist- ance anee of Longs Long's successor or Tho club dub is isU U I in In good oo condition financially and has 20 no DOl l troubles to CHI cause O it to corporate 4 t Already three bids have han been received Ir f for the stock held by lon Long Lone and for a ab b controlling interest in 10 tho club which I would go with the sale ale of oC Longs Long's stock If Lon Long Lone his stock Mock to a 1 party that thatis I is Is satisfactory factor to the other directors and stockholders stockholders' tho thov probably will sub subscribe scribe eribe for or their pr present sent holdings in a anew anew anew new organization organisation tion In fact the situation seems to be summed up as a df desire iro bv by y to withdraw from the club dub and invest est his bis money in other lines Jines of business Qui busi- ness and this ha fla fias necessitated a So far as can be ascertained l i there is is no misunderstanding or di dissat- dissat I in the board of directors and md i there are no financial trou troubles les to worry I Ii i over ocr J 1 I Tho The retirement of Jon Long will make it 1 I necessary to reorganize aniz but most of tho I I present stockholders are willing w to conI continue con con- conI I tin tintie with the tho club cub and one ODe of them I said last night that he hc believes that tho club will go co ahead under the the- same saUlI old I I name but lUt under a new management and after a reorganization The club has successfully staged several bi big batties batties bat bat- ties tics since it w was or organized and has made mone money but lon Long has been anxious to fo withdraw for sonic some time tim in in order oNier to take tako advantage of business opportunities nitis ni ties ti's that offer offu better investment for his bis money monc Several meetings of the stockholders stockholders stock stock- holders s 's have ha been blen held in the last ast week to consider ways and means for making makine the tho chan change e and arid it filla finally was decided to sell out and reorganize Manager er l arey of oC th the Pacific Athletic Ath Athletic Ath- Ath letic club has b been cn mentioned as among amons tho those c who were wert bidding on tho tran transfer of stock but ut be he was asked to confirm or den deny the report last 1st n night ht and h he said sad d dI that it was not ot true truc He Ito has not bIdon bidon bid bidon on it and anil will wilt not do so 1 but ho might consider a business proposition if it was presented Should McCarey acquire the tho controlling interest st in the tho club climb he hI would t be in a position to d defy fy all attempts at comp competition in th the future as he would have a 1 club uh in the city for tho the ten round tame game and the tho club for lh ilip big big- ger er events over a i longer r route The Thc name of Jimmy Coffroth ha has been mentioned also alO as M a successor to Long Lone but Los Au Angeles el s fans hardly would take to such a change chance with any degree of confidence or enthusiasm It would bo ho a n big bil drop from Long to tb the Coffroth tyPO of promoter Long has conducted the affairs of the club in in a abu bu business iness like Jike manner an and n all scraps pulled off un under r hi his mana management ement have hao been heen on the level Jen and without the tho slightest slight slight- est taint Tho The invasion of Los Angeles b by tbs tho Fri Frisco Frico co outfit would be next Dext thing to a J death blow to tho the game ame It is re regretted in in sporting cir circles that Lou Long should decide to quit the game came and that his decision should cause causo any uncertainty regard regarding nl th the future of the club Lon Long is quite popular and has ju just t succeeded in getting ettin the club to running smoothly in its nc new home The future p seems ems to hold forth excellent prospects for profit to the time club an and entertainment entertainment en en- for the tho fight bu bugs s. s and arid now that th the club has weathered red the financial finan finan- cial storm occasioned b- b the necessity for building the pavilion and mak making nt additional improvements improvement its futuro future never seemed so bright If ho he disposes es of his stock the time fans generally hope hop o that some worthy worthy sportsman sportsman will wil be his successor sue suc cessor cesor so t that at tho club will be he reorganized reorganized on a permanent basis nail and be controlled by br local men mn |