Original photograph of Federal League magnates meeting during January, 1914 prior to their first season as direct rivals to both existing major leagues. Seated is league president James A. Gilmore flanked by team owners and executives including from L to R: Edward E. Gates (St. Louis Terriers legal counsel), Charles Weeghman (Chicago Whales), Ned Hanlon (Baltimore Terapins), William M. Walker (Chicago Whales), Beardsley? (unknown). Central image of photo measures 3.5" x 5.5" surrounded by a substantial white border that brings the overall dimensions to approx. 5" x 6.75". Caption on verso identifies each individual and credits the American Press Association as the issuing service. Guaranteed Type 1.