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FROM THE BASEBALL CHRONOLOGY
»July 19, 1950:
Frank E. McKinney resigns as president of the Pirates. He sells interests in the club to John Galbreath and T. Johnson, with Galbreath assuming the presidency. Vice President Bing Crosby retains his minority interest.
»December 9, 1953: The leagues meet and adopt a resolution to set up a committee to weigh ending the pension fund in November of 1955. Hank Greenberg and John Galbreath are on the committee. Broadcast revenues from World Series and All-Star games are in dispute.