Ownership
The Stars were founded and organized by Ed Bolden. Bolden had owned the Hilldale Daisies Negro league ballclub that won the Eastern Colored League pennant in 1923, 1924, and 1925, and which beat the Kansas City Monarchs in the Negro League World Series in 1925. Bolden was also a founder of the ECL. Bolden was instrumental in building the Stars' 1934 championship club and ran the team until his death in 1950.
After Bolden's death, his ownership passed to his daughter, Hilda Bolden Shorter. Shorter ran the club through 1952.
The team was financed, and owned in part by sports promoter Eddie Gottlieb who also owned the Philadelphia Sphas and Philadelphia Warriors basketball teams. Gottlieb leased Penmar Park from the Pennsylvania Railroad for use by the Stars. In addition to the Stars, Gottlieb was the booking agent for all the Negro league teams in the Northeast, taking 10-percent of gate receipts for his work.
Read more about this topic: Philadelphia Stars (baseball)
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