A similar transaction nearly took place four years earlier. On January 14, 1955, an agreement was signed by Murray, along with business partner Larry Gilbert, to sell to a syndicate represented by Fred C. Rule, president of F. C. Rule Construction, and headed up by J. D. Jackson. Reportedly, the plan of the syndicate was to demolish the grandstand and sell the property for business purposes. A new location was to be sought to build a new ballpark, and even though the syndicate had no plans to move the franchise, it was reported that Knoxville, Tampa, and Jacksonville were anxious to obtain the franchise.
“We want a modern baseball plant,” Rule stated yesterday. “We want one that will seat something like 10,000. We believe a new park would be the best think we could do for baseball.”
On January 22, 1955, co-owners Murray and Larry Gilbert confirmed that they faced the loss of their franchise. The last year for the club to show a profit was 1950; in 1948, the best year for Nashville attendance with 269,843, was the last year Gilbert was manager. At the end of that season, another syndicate tried to buy, and he refused. Now Gilbert is desperate to sell his half-interest in the club and retire full-time to his native town of New Orleans.
All this after Nashville Vols outfielder Bob Lennon won the Southern Association triple crown with 64 home runs, hit for a .354 average, and knocked in 161 runs. But only 89,470 fans attended the games at Sulphur Dell that season, a decrease of 50,000.
This is Part 2 of the ongoing story. Read more about the events that led to the sale of the Nashville ball club in 1959 in the next installment.
Note: This Nashville baseball history was presented on Saturday, March 3, 2018 at the 15th annual Southern Association Conference at Rickwood Field in Birmingham, Alabama.
© 2018 by Skip Nipper. All Rights Reserved.
 Raymond Johnson, “One Man’s Opinion – Baseball Business Brisk Despite City’s Winter Weather,” Nashville Tennessean, January 25, 1955, 16.