Charles Weeghman
| Charles H. Weeghman | |
|---|---|
| Born | March 12, 1874 Richmond, Indiana |
| Died | November 1, 1938 (aged 64) Chicago, Illinois |
| Occupation | Restaurateur, Owner of the Chicago Whales and Chicago Cubs |
| Spouse(s) | Bessie Webb (?-1920), Carol Osmund (1922-1938) |
| Children | Dorothy McDonough |
| Parent(s) | August |
Charles H. ("Lucky Charlie") Weeghman (March 12, 1874 – November 1, 1938) was one of the founders of the short-lived major league baseball organization called the Federal League (1914–1915). He had made a fortune in an early type of fast-food franchises in the Chicago area.
Weeghman worked for Charlie King as a waiter for $10 a week. King quickly promoted Weeghman who eventually open his own lunch counter in Chicago. King, who would have been Weeghman's main rival, died the day Weeghman's first restaurant opened. Serving only cold sandwiches, his diners would eat at one-armed school tables so Weeghman could fit more chairs into the restaurant. At one point, Weeghman owned fifteen of these diners, with the one located at Madison and Dearborn serving 35,000 people each day. His net worth was estimated at $8,000,000.
In 1911, Weeghman made an unsuccessful attempt to purchase a controlling interest in the St. Louis Cardinals. Cardinals owner Helene Hathaway Britton had recently inherited the team upon the death of her uncle, Stanley Robison, but she refused Weeghman's offer of $350,000 for the club, eventually selling the team to Sam Breadon in 1917.
Weeghman founded the Chicago Whales and built a new steel-and-concrete ballpark, Weeghman Park, for them to play in. He leased the land, the former site of the Theological Seminary of the Evangelical Lutheran Church, from Edward Archambault, for 99 years at a cost of $16,000 per year. Weeghman's lease forbade the use of the land for "immoral or illegal purposes." Weeghman chose the site, in part, because of the proximity of the 'L' tracks. After the Federal League folded, Weeghman merged the Whales with the Chicago Cubs, emerging as the older club's majority owner. He then moved the Cubs from wooden West Side Park to Weeghman Park.
His lunch counter chain lost favor with the public, and Weeghman was forced to sell more and more of his stock in the Cubs to chewing gum magnate William Wrigley, Jr. to raise money. By 1918, Weeghman had sold his remaining stake to Wrigley, and was out of the picture altogether. The Wrigley family would control the Cubs for the next six decades before selling out to the Tribune Company. This also led to the name change from Weeghman Park to Cubs Park, and later, Wrigley Field.
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