Carl G. Fisher, who was responsible for much of the development of Miami Beach, bought Adams Key, once known as Cocolobo Key, in 1916 and built the Cocolobo Cay Club in 1922. The two-story club building had ten guest rooms, a dining room, and a separate recreation lodge. Patrons included Warren G. Harding, Albert Fall, T. Coleman du Pont, Harvey Firestone, Jack Dempsey, Charles F. Kettering, Will Rogers and Frank Seiberling. Israel Jones' sons Lancelot and Arthur dropped out of the lime-growing business after competition from Mexican limes made their business less profitable, and after a series of devastating hurricanes in 1938 they became full-time fishing guides at the Cocolobo Club. The club had declined with the crash of 1929 which cost Fisher his fortune, but was revived by Garfield Wood in 1934. Among the Joneses' clients was avid fisherman Herbert Hoover and his family. The Joneses also provided the club with fish, lobster and crabs. Arthur and Lancelot Jones were the second largest landowners and the only permanent residents of the lower Biscayne Bay keys during the 1960s. Wood sold the Cocolobo Cay Club to a group of investors led by Miami banker Bebe Rebozo in 1954, who renamed it the Coco Lobo Fishing Club. Clients guided by the Joneses included then-senators John F. Kennedy, Lyndon Johnson, Richard Nixon, Herman Talmadge and George Smathers through the 1940s and 1950s.