Saigh Goes to Prison For 15-Month Sentence: Tears Well in Eyes of Former Owner of St. Louis Cardinals, Daily Racing Form, 1953-05-05

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Saigh Goes to Prison For 15-Month Sentence Years Well in Eyes of Former Owner of St. Louis Cardinals ST. LOUIS, Mo., May 4 UP.— Fred M. Saigh, Jr., who rose from police court lawyer to owner of the St. Louis Cardinals and a recognized financial wizard, went to prison with tears in his eyes today for evading income taxes. Saigh was sentenced to a 15-month term in the federal penitentiary at Terre Haute, Ind., but will be eligible for parole in five months after serving one -third of the sentence. "This is a terrible thing to happen to a guy who doesnt deserve it," Saigh said as he walked out of his downtown office and entered a United States deputy marshals car for the trip to prison. Tears welled in his eyes as he handed a penciled statement to newsmen. As photographers flash bulbs popped, he said, "Have your fun, boys, for the last time." He carried a baseball book — "The South-pay," a novel by Mark Harris — to read in his cell, indicating he still takes an interest in the sport. But he no longer has any connection with the Cardinals, having sold his interest to Anheuser-Busch, Inc., on order of baseball commissioner Ford Frick. In an exclusive interview with the East St. Louis, 111., Journal, Saigh said he plans to start an afternoon newspaper here after he gets out of prison, "with capital my friends and I will furnish."


Persistent Link: https://drf.uky.edu/catalog/1950s/drf1953050501/drf1953050501_2_6
Local Identifier: drf1953050501_2_6
Library of Congress Record: https://lccn.loc.gov/unk82075800