Greater New York Baseball Association - Sports Stock Certificate

Unissued Stock, #38, NY. Rare and Important! Beautifully engraved unissued stock certificate from the inception of the New York Yankees from the very start of their American League franchise in New York City in 1903 when they were originally named the "Highlanders".

The team's new ballpark, Hilltop Park (formally known as "American League Park"), was constructed in one of Upper Manhattan's highest points—between 165th and 168th Streets in the Washington Heights neighborhood. The team was named the New York Highlanders. Fans believed the name was chosen because of the team's elevated location in Upper Manhattan, or as a nod to team president Joseph Gordon's Scottish-Irish heritage (the Gordon Highlanders were a well known Scottish military unit).

Initially, the team was commonly referred to as the New York Americans. The team was also referred to as the "Invaders" in the Evening Journal and The Evening World. New York Press Sports Editor Jim Price coined the unofficial nickname Yankees (or "Yanks") for the club as early as 1904, because it was easier to fit in headlines.

The Highlanders finished second in the AL in 1904, 1906, and 1910. In 1904, they lost the deciding game on a wild pitch to the Boston Americans, who later became the Boston Red Sox. That year, Highlander pitcher Jack Chesbro set the single-season wins record at 41. At this time there was no formal World Series agreement wherein the AL and NL winners would play each other. Read more at https://en.wikipedia.org/wiki/New_York_Yankees#1903%E2%80%931912:_Move_to_New_York_and_the_Highlanders_years

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