Jekyll Island Club Informations

The Jekyll Island Club was a private club on Jekyll Island, on Georgia's Atlantic coast. It was founded in 1886 when members of an incorporated hunting and recreational club purchased the island for $125,000 (about $3.1 million in 2017) from John Eugene du Bignon. The original design of the Jekyll Island Clubhouse, with its signature turret, was completed in January 1888. The club thrived through the early 20th century; its members came from many of the world's wealthiest families, most notably the Morgans, Rockefellers, and Vanderbilts. The club closed at the end of the 1942 season due to complications from World War II. In 1947, after five years of funding a staff to keep up the lawn and cottages, the island was purchased from the club's remaining members for $675,000 (about 7.4 million in 2017) during condemnation proceedings by the state of Georgia.

The State tried operating the club as a resort, but this was not financially successful and the entire complex was closed by 1971. The complex was designated a historic landmark in 1978.

It was restored and reopened as a luxury resort hotel in 1985. Today, Jekyll Island Club Hotel is a member of Historic Hotels of America, the official program of the National Trust for Historic Preservation.

At the end of the plantation era of Jekyll Island, Newton Finney, suggested to Dubignon, his brother-in-law, that they might acquire the island and then sell it to Northern businessmen as a winter resort. A New York banker helped with the purchase of the entire island. By 1885, Dubignon was the sole owner of Jekyll.

In 1885, Finney and a New York associate, Oliver K. King, gathered a group of men and petitioned the Glynn county courts, becoming incorporated as the "Jekyl Island Club" on December 9, 1885. They agreed to sell 100 shares of the Jekyll Island Club stock to 50 people at $600 a share (about $15,000 in 2017).

Finney had no difficulty selling the shares. Six of the first seven shares went to the men who signed the charter petition: Finney, Dubignon, King, Richard L. Ogden, William B. D'Wolf, and Charles L. Schlatter. In all, Finney was able to find 53 people to join the Club, including such famous names as Henry Hyde, Marshall Field, John Pierpont Morgan, Joseph Pulitzer, and William K. Vanderbilt.

On February 17, 1886, Finney signed an official agreement with Dubignon, who sold Jekyll Island to Finney's Jekyll Island Club for $125,000. On April 1, 1886, a meeting was held in New York to create the constitution and by-laws, and to nominate officers for the club. The first president was Lloyd Aspinwall, vice president was Judge Henry Elias Howland, treasurer was Franklin M. Ketchum, and Richard L. Ogden became secretary. These men faced the difficult task of turning the undeveloped property into a social club for the wealthy upper class of America.

Lloyd Aspinwall served just 5 months as the club president before he died suddenly. Henry Howland then took up the position as president of the Club.

Committees were formed to get the club off the ground. Charles A. Alexander of Chicago was chosen to design the clubhouse, and Horace William Shaler Cleveland, a famous landscape architect, was chosen to design and lay out the grounds.

Ground was broken on the clubhouse building in mid-August 1886. After some setbacks the clubhouse was completed on November 1. The club officially opened its doors when the executive committee arrived for the 1888 season on January 21.

Several nationally important events took place on Jekyll Island during the Club era, including the first transcontinental telephone call made by Theodore N. Vail, president of ATandT, to Alexander Graham Bell, Thomas A. Watson and President Woodrow Wilson in 1915; and the development of the Aldrich Vreeland Act for the National Monetary Commission in 1908.

The Jekyll Island Club was a unique resort, more family-oriented than the Union Club or the Chicago Club. It enjoyed great popularity among the elite classes, maintaining a highly exclusive character for 60 years.

When the club started out, hunting was a major recreational activity. A gamekeeper was hired to keep the island well-stocked with pheasants, turkeys, quail and deer.

All members were to report daily what they had killed and turn it over to the club. Wild game was a common sight on the menu of the clubhouse. A taxidermist shop was located within the club compound, specifically for mounting the prize game.

As the club grew, other recreations became popular. Golf eventually took over as the Club's dominant sport. The first course was located just to the north of the Club compound. Later, in the 1920s, an ocean side course was built. A portion of this historic golf course is still intact, and can be played.

Other leisure activities included carriage driving, tennis, and bicycling.

Jekyll Island was the location of a meeting in November 1910 in which draft legislation was written to create the U.S. Federal Reserve. Following the Panic of 1907, banking reform became a major issue in the United States. Senator Nelson Aldrich (R-RI), chairman of the National Monetary Commission, went to Europe for almost two years to study that continent's banking systems. Upon his return, he brought together many of the country's leading financiers to Jekyll Island to discuss monetary policy and the banking system, an event which was the impetus for the creation of the Federal Reserve.

On the evening of November 22, 1910, Sen. Aldrich and A.P. Andrews (Assistant Secretary of the United States Treasury Department), Paul Warburg (a naturalized German representing Kuhn, Loeb and Co.), Frank A. Vanderlip (president of the National City Bank of New York), Henry P. Davison (senior partner of J. P. Morgan Company), Charles D. Norton (president of the Morgan-dominated First National Bank of New York), and Benjamin Strong (representing J. P. Morgan), together representing about one fourth the world's wealth at the time, left Hoboken, New Jersey on a train in complete secrecy, dropping their last names in favor of first names, or code names, so no one would discover who they all were. The excuse for such powerful representatives and wealth was to go on a duck hunting trip on Jekyll Island.

Forbes magazine founder Bertie Charles Forbes wrote several years later:

The Great Depression in 1929 caused great changes on Jekyll Island. This depression touched even the very wealthy across the country and membership in an exclusive club became an extravagance. Membership dropped slowly through the 1930s as the depression continued.

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