Four days after his average tops .400‚ Rogers Hornsby buys 1‚167 shares in the Cardinals at $42.85 a share. Hornsby pays $5‚000 in cash and borrows the rest from the bank with owner Sam Breadon endorsing his note. Breadon retains the right to buy back the stock at 6% interest.

June 11, 1925December 1, 2021 This Day In Baseball

On June 11, 1925 Four days after his average tops .400‚ Rogers Hornsby buys 1‚167 shares in the Cardinals at $42.85 a share. Hornsby pays $5‚000 in cash and borrows the rest from the bank with owner Sam Breadon endorsing his note. Breadon retains the right to buy back the stock at 6% interest.

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