Giants owner Charles Stoneham is indicted by a federal grand jury for perjury. He will also be indicted for mail fraud. He had denied any ownership in two bucket-shop operations that had been found guilty of stock frauds; creditors of the two firms claimed he retained financial interests in both. Other National League owners are rumored to be forming a pool to buy him out, but Stoneham stays out of jail and in the NL.

On August 31, 1923 — Giants owner Charles Stoneham is indicted by a federal grand jury for perjury. He will also be indicted for mail fraud. He had denied any ownership in two bucket-shop operations that had been found guilty of stock frauds; creditors of the two firms claimed he retained financial interests in both. Other National League owners are rumored to be forming a pool to buy him out, but Stoneham stays out of jail and in the NL.