Livingstone won a $20,000 judgment against the Arena Company, which declared bankruptcy to avoid paying the bill. Before the 1919–20 season, general manager Charlie Querrie learned that the Arena Company wanted to sell. As an interim measure, Querrie changed the team name to the Tecumsehs on December 7, 1919. The following day, Querrie reached agreement with the owners of the amateur St. Patrick's club to purchase the franchise. Frank Heffernan was named as manager. On December 13, 1919, the NHL transferred the Toronto franchise to the Querrie-St. Patricks group, for the fee of $5,000. The incorporation date of the club was December 22, 1919, and listed Fred Hambly, Percy Hambly, Paul Ciceri and Querrie with 99 shares each, and Richard Greer with 4 shares. This move was possible because the Arena Hockey Club was a self-contained corporation, and was therefore beyond the legal reach of Livingstone.