alumnus john cox - rice university · 2018-03-21 · alumnus john cox 2727- gives rice yankee...

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Alumnus John Cox 27 27- Rice 27- Gives 27- Gives Gives Rice Yankee Stadium Stadi m I By FRYAtt FRYAR CALHOUN CALHOUN- RJcp CALHOUN- Inca CALHOUN- E1 RJcp Inca E1 University pniversity JJniversity became the the- unlikely the- unlikely the- unlikely unlikely owner of 0 Yankee Sta Sta- dium Sta- d Sta- d1urq ¬ dium d1urq d u inJJew lpNew lll ew Yprk YOr Ygrlt Jas Jrs sti summer summer- when summer summer- wlien summer- wlien when wlien wlien a wealthy we vealt lth y alumnus a1Ulnnll pre- sented pre pre- sented re re- S ¬ sented S sented nted the school with the fa fa- Rice fa- I fa- mous mous <> u b baseball l parJt park Jfil Finanigr Finanigr- a IJ i r r- JQ I JQ n Vf W ro4QfChleago ro4QfChleago- Rice 9 Jicagcff a I92- JQhri t9 ti ti- Ric Rice Ric graduate gave gave the univer univer- sity unive- rhr univer- sity sity hr ialli iallithe all the capital cr pit l stock t k in i the the- Yankee the- Nanl r r- Y Yankee Y Nanl ankee ee Stadium St Stadzuii dhimzCorporati > Cor6oratiohin Corporationyn Corporationyn- a nHn nHn- gifj n X jfTfi ir t l4 l4- a < i i- ij11i a gift gifj announced n u ic d Jast ist ast July July- p9or9ysget Jhy July Jhyt July- Rcehashelped ij11i Rcehashelped baslh peHi a lotio lotio- pgorpoys j f f- PRor p9or9ysget pgorpoys PRor > ys Bet et started started ta t d JGfix Gpx f saiidj saidJ said saiidj- fnyonderful said- Jtsa said- ItSTa ItSTa tsa fnyonderful rnyonde4 fnyonderful- money fY I1derf111 it sch9ol1and sch9ol1and- tali s h901 r ltld i i- C tali C Jus usg t tkie money moneyr- yVl mone- yFiacUNIVERY oneY I I- tqmy I Y of officials IIlCllS cial s s- mat FiacUNIVERY ryVl tqmy JfkJ 4 A mJ JJJU J gsti gsti- mated iOVt iOV- tmated mated mat that the schopl school sc oe would would- realize would- realiiel wo ld ld- realizel realize realizel realiiel over f1 tlOOO 1000000 Q0c0 000 0 in in- vlfi in in- ease over UA UA- g rr iAlb vlfi iiY << ttjL > i iil + LTsrLf > >d d- lease lease ease rights rghts g ttIdUf dufin burin 1j tjie tile tn > 1i nep nex nepj- itwentyyears P 1t 1- tj j jitwentyyears rentyyears oeltyr aw but b tr Cox Co said said a the 11E1 the- figure 11- E1rJ 1 rJ f figure igure gurjJmjt might F amount ant nt toas o much much- as much much- The uc uc- r as k3OQ0Q00 k3OQ0Q00- The ORP r > t J J- flU < flU The p 6700dseat 6 670 pO 00seat stadium st l1m fyill rvill fyill- ndt rvill- not IV I- Vnot ndt not be le De tax tax exern exemnt exeFri t t- l howeverj howeverj- since nowevel nowevel- si since si its iiseis rise is is cpmmerciar commercial co rci l and and and- educationalj l I + riot not u > educationalj e educational d ucatlona t r 1 ItsValue Its tj S iii Value < value I i i- jel 1 is iit jel se set 1 aV at at 111150ry 4 BO 5 OQ OOO 000 00 Jpr for or tax to to- 1u ax m m- set < Pur Pur- liJ url url- poses v l liJ d II H H- P poses P poses I I- RtDOESnotoEi 1 1u V RtDOESnotoEi Ll EiJdE ri tJvi the h tarJ tarJt- el larid larid- on tel 6H on wh wh- The hi ich l 1Jiher 1JiherstadiUm thestadium stadiUm < standsL standsL- The str st2 r s s- t s t I I- The The six acres including includiJ7g thesit tMstat thesit- Sfm tMstatId- n therystai therystai- r Idn Sfm ilium urn I slid aTa aCfes acres I ft nparkirig P rtiii r kiJnlJlft no tiisslTS tiisslTSo- wned ldt5 0 > 011 s ar ar- d arg argt- owned J J- urn Kcight bf CoW olum1 Holum CoW- bus Holum- bus owned towned d bythe btlie liythe y y- bus KnigKts6f Kniglitsbf bus who will automaficaliy automatically re re- ceive re- ceive re- ceive ceive theiltitle the4title th 1titlEf i to the stadiunx tadium stadium stadiunx- tion tadium- Vl 4i wtvlieritlegszleag Vl n R cS le d exPires But if if- t if- LRice rl1 i LRice t Rice n exercjses exercises its renewal renewa i op op- tion op op- tion I tion it will own the house house- Jt house- i Jt rr s t th 4 ti i Ruwhoresi utKhuiltuntiri2 utKhuiltuntiri2r- esig tfi > uil tr q1 2 resi ned 1 a1 ae j OX who resig reslg resig- dent g = presl presl- dent P P- dent dent of General Gener GeBeral Paekage Package Com Como Com- al Como- p Com- pan al panyTliecausei p pan because c sel of Vopr O oar rr fieaft Beal fieaft- r e 11 1- 1said Jt Jt- said i r saidhe said he had made a fortunein fortunein- the fortune ill ii ii- the the jpactaging pa4kaging ack gihg industry indmitr industry Heis Heist- he Her I js js- the ii i- ithe the the former presi6Jent esicient vr Iii sF i t of ot the h Jtu Aug > tomatic tom tic Canteen C nteen Company ompany of of- America of- America of- America America A native Texan Cox Cox- will Cox- will Cox- will will remain as president of the the- Yankee the- YanKee the- Yankee Yankee Stadium StadiumCorporation Corporation al al- though al- thoug al- though ¬ though thoug 1 Ri Mice Ricenow tnow now owns owns all 11 the the- stock the- stock the- stock stock n tr

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Alumnus John Cox 2727-

Rice

27-

Gives

27-

GivesGives Rice Yankee StadiumStadi mI

By FRYAttFRYAR CALHOUNCALHOUN-RJcp

CALHOUN-

Inca

CALHOUN-

E1RJcpIncaE1 UniversitypniversityJJniversity became thethe-unlikely

the-unlikely

the-unlikelyunlikely owner of0 Yankee StaSta-dium

Sta-d

Sta-d1urq

¬

diumd1urqd u inJJewlpNewlll ew YprkYOrYgrlt JasJrssti summersummer-when

summersummer-

wlien

summer-

wlienwhenwlienwlien a wealthywevealtlthy alumnusa1Ulnnll pre-sented

prepre-

sentedrere-

S

¬

sentedSsentednted the school with the fafa-

Rice

fa-

I

fa-

mousmous<> u bbaseballl parJtpark JfilFinanigrFinanigr-a

IJ i rr-JQ

I

JQ n VfW ro4QfChleagoro4QfChleago-Rice

9 Jicagcff a I92-JQhri t9 titi-

RicRiceRic graduate gavegave the univeruniver-sity

unive-rhr

univer-

sitysityhr ialliiallitheall the capitalcr pit l stockt k ini thethe-Yankee

the-

Nanlrr-

YYankeeYNanlankeeee StadiumStStadzuiidhimzCorporati> Cor6oratiohinCorporationynCorporationyn-a

nHnnHn-gifjn X jfTfi irt l4l4-

a<ii-

ij11ia giftgifj announcedn u ic d Jastistast JulyJuly-

p9or9ysget

JhyJulyJhytJuly-

Rcehashelpedij11iRcehashelpedbaslh peHia lotiolotio-pgorpoys

j ff-

PRorp9or9ysgetpgorpoysPRor >ys Betet startedstartedta t d JGfixGpxf saiidjsaidJsaidsaiidj-

fnyonderfulsaid-

Jtsasaid-

ItSTaItSTatsa fnyonderfulrnyonde4fnyonderful-money

fY I1derf111it sch9ol1andsch9ol1and-

talis h901 r ltld ii-

CtaliC Jususg ttkie moneymoneyr-

yVl

mone-yFiacUNIVERY

oneY II-

tqmy I Y ofofficialsIIlCllScial ss-

matFiacUNIVERYryVltqmyJfkJ 4 A mJ JJJU J gstigsti-

matediOVtiOV-

tmatedmatedmat that the schoplschoolsc oe wouldwould-

realizewould-

realiielwo ldld-

realizelrealizerealizelrealiiel over f1tlOOO1000000Q0c00000 inin-vlfi inin-

easeover UAUA-

g rr iAlbvlfiiiY << ttjL > i iil + LTsrLf > >dd-

leaseleaseease rightsrghtsg ttIdUfdufinburin 1j tjietiletn> 1i nepnexnepj-

itwentyyearsP 1t1-

tjj jitwentyyearsrentyyearsoeltyr aw butb tr CoxCo saidsaida the11E1the-figure

11-

E1rJ1rJffigureiguregurjJmjtmightF amountant nt toaso muchmuch-

asmuchmuch-

The

ucuc-

ras k3OQ0Q00k3OQ0Q00-

TheORPr > t JJ-

flU<flUThep 6700dseat6670 pO00seat stadiumst l1m fyillrvillfyill-

ndtrvill-

notIVI-

Vnotndtnot beleDe taxtax exernexemntexeFritt-l

howeverjhoweverj-since

nowevelnowevel-sisincesi its iiseisrise isis cpmmerciarcommercialco rci l andandand-

educationaljlI +

riotnotu >

educationaljeeducationalducatlonatr

1 ItsValueItstjSiii Value<valueI

ii-

jel1isiitjelseset

1

aVatat 111150ry4 BO5 OQ OOO00000 Jprforor taxtoto-

1u

axmm-

set<

PurPur-liJ

urlurl-

poses v l liJ d II HH-

PposesPposes II-

RtDOESnotoEi11u VRtDOESnotoEiLlEiJdE ri tJvi theh tarJtarJt-

ellaridlarid-

ontel 6Hon whwh-

Thehiichl 1Jiher1JiherstadiUmthestadiumstadiUm < standsLstandsL-

Thestrst2r ss-

ts

t II-

TheThe six acres includingincludiJ7g thesittMstatthesit-Sfm

tMstatId-n

therystaitherystai-rr

IdnSfmiliumurnI

slidaTaaCfesacresI ftnparkirigP rtiiirkiJnlJlftno tiisslTStiisslTSo-

wnedldt50 >

011s arar-

d

argargt-

owned

JJ-

urnKcight bf CoWolum1HolumCoW-

bus

Holum-

busownedtownedd bythebtlieliytheyy-

busKnigKts6fKniglitsbf

bus who will automaficaliyautomatically rere-

ceive

re-

ceive

re-

ceiveceive theiltitlethe4titleth 1titlEf ito the stadiunxtadiumstadiumstadiunx-

tion

tadium-Vl4i wtvlieritlegszleagVl n R cS le d exPires But ifif-

tif-

LRicerl1iLRicet Rice

n exercjsesexercises its renewalrenewa i opop-

tion

opop-

tion

I

tion it will own the househouse-

Jt

house-

iJtrr s tth4tiiRuwhoresiutKhuiltuntiri2utKhuiltuntiri2r-esig

tfi >uil tr q12resined 1 a1aej OX who resigreslgresig-dent

g = preslpresl-dent

PP-

dentdent of GeneralGenerGeBerall PaekagePackage ComComoCom-

alComo-

pCom-

panal panyTliecauseippan becausec sel of VoprOoarrr fieaftBealfieaft-

r

e111-

1said

JtJt-

saidi

r saidhesaid he had made a fortuneinfortunein-the

fortune illiiii-

thethe jpactagingpa4kagingack gihg industryindmitrindustry HeisHeist-he

HerI jsjs-

theiii-

ithethethe former presi6JentesicientvrIii sF i t ofot theh JtuAug>

tomatictom tic CanteenC nteen Companyompany ofof-

Americaof-

Americaof-

AmericaAmerica A native Texan CoxCox-

willCox-

willCox-

willwill remain as president of thethe-Yankee

the-YanKee

the-YankeeYankee StadiumStadiumCorporationCorporation alal-

thoughal-

thougal-

though¬

thoughthoug1 RiMiceRicenowtnownow ownsowns all11 thethe-stock

the-

stockthe-

stockstockntr