I assume most of you will be able to straighten me out on this right away.

The Reach Guide from 1883 (and 1884 and probably many other years, too) says
"The club which shall have won the greatest percentage of games played in
the championship series, shall be declared the Champion Club of America, for
the season in which such games were played. In the event that two or more
clubs shall have won the same percentage of games, then the club which shall
have lost the smallest percentage of games shall be declared the champion."

I interpret this to mean that tie games are included in the calculation of
winning and losing percentage. For example, Team A goes 60-40-0, Team B
goes 60-39-1. Both have the same percentage of games won (60/100), but Team
B has a smaller percentage of games lost (39/100 vs. 40/100) so Team B is
champion.

If that's not the correct interpretation, then under what circumstances
would the second sentence of the rule be invoked?

If my interpretation is correct, then if Team A goes 60-40-0 and Team C goes
59-39-2, Team A would be declared champion (60/100 better than 59/100), even
though Team C has the better percentage of games won when ignoring tie games
(59/98 better than than 60/100).

Any thoughts about this?

Thanks,
JP Caillault