James M. Johnston | |
Birth Name: | James Martin Johnston |
Birth Date: | 8 December 1895 |
Birth Place: | Chapel Hill, North Carolina, U.S. |
Death Place: | Washington, D.C. |
Nationality: | American |
Alma Mater: | University of North Carolina University of Illinois |
Known For: | Owner/president of the Washington Senators (1963–1967) |
Occupation: | Businessman, investment banker |
James Martin Johnston (December 8, 1895 – December 28, 1967) was the co-owner of the Washington Senators of the American League with James Lemon from until his death in . In 1963, Johnston and Lemon purchased the franchise from Elwood Richard Quesada. His estate and James Lemon sold the team to a group of Minnesota buyers in 1968.[1]
Johnston, who attended UNC Chapel Hill from 1913 to 1915, posthumously set up one of the university's largest need-based scholarship funds, now known as the James M. Johnston Trust for Charitable and Educational Purposes.
Johnston died in 1967 in Washington of cancer.[2] [3]