Havana Track is Old: Messrs. Stoneham and Mcgraw Secure Controlling Interests, Daily Racing Form, 1919-10-21


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HAVANA TRACK IS SOLD Messrs. Stoneham and McGraw Secure Controlling Interest. H. D. Brown to Continue as Manager at Request of the New Owners. 1 LAUREL, Md., October 20. Messrs. C. A. Stone-ham and John J. McGraw and their party returned from Cuba yesterday, where they went to consummate the deal for the Oriental Park race course at Marianao, Cuba. They were accompanied by H. D. Brown. The transfer of the property was made in New York this afternoon, where the papers were signed and a majority of the stock in the Cuba-American Jockey Club was transferred to the combination of sportsmen who control the New-York National League Base Ball Club. Messrs. Stoneham, McGraw and their party left for Havana Several days ago to inspect the plant and the deal was closed before they left Cuba. At the request of the new owners, Mr. Brown, whom they consider without a peer as a manager, agreed to continue as manager of the plant for this year and to act in an advisory capacity in future years. It Is a singular thing that in the two biggest sporting deals of the year, the sale of the New York Baseball Club and the Oriental Park track, Messrs. Stoneham and McGraw stepped in and secured both propositions after George W. Loft had obtained options 011 them and then ran out. Loft kept the deal for the Giants hanging here for a while, and after tying up the Oriental Park course he declined to abide by the terms agreed upon for the transfer of the property. The Giants proved a veritable gold mine for their-new owners last "seasonf -and- the Oriental Park looks equally as good as a business proposition. It is a sure thing that Stoneham will prove the better man for racing in Cuba than Loft, as he is more liberal in his ideas. .AVith the retirement of H. D. Brown racing will lose one of the most progressive men ever connected with the sport. No proposition was too big for him to tackle. He built the City Park course In New-Orleans, the" Moncreif course in Jacksonville, Florida, the Laurel track in Maryland and the Oriental Park course in Cuba. All four were big successes. Mr. Brown wishes to take a rest, and as he expressed it, he is honest In. his desire to retire from the turf and all active business. A

Persistent Link: https://drf.uky.edu/catalog/1910s/drf1919102101/drf1919102101_1_3
Local Identifier: drf1919102101_1_3
Library of Congress Record: https://lccn.loc.gov/unk82075800