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Bidders for baseball stock awaiting auction results

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Die-hard Indianapolis Indians fans who bid on shares of the minor-league baseball team's stock will soon know if they own a piece of the club.

As IBJ reported last month, eight shares of Indians stock ended up in the Indiana Attorney General's Unclaimed Property Division after Indians management turned them over to the state to sell. The team had spent years trying without luck to locate the shares' rightful owners.

The state's Unclaimed Property Division set a minimum price for each share of $25,000 and accepted sealed bids through May 31.

The state will review the offers Wednesday and notify successful bidders by the end of the week. Payment is due by end of day June 9.

Shares of the minor-league affiliate for the Pittsburgh Pirates are hard to come by—only 755 are outstanding, with nearly 40 percent owned by team Chairman Max Schumacher. Until late last year, the team's board of directors had been snapping up the stock and retiring it in a buy-back offer to give stockholders a larger piece of ownership.

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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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