The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-01-25
THE UNIVERSITY CLUB.
A ReOrganizatiOn-Pro from
Columbia Club.

The University Club of Indianapolis ex-
pired last night at meeting held in the
assembly room of the Commercial Club,
and in its place was laid the foundation
for the organization Of THE University
Club of Indiana" Ii is practically the same
organization, but it was deemed wise for
several reasons to reorganize. At a meet
ing of Lhe club held Oct. 16, and at SUISSE
quent meetings committees were appointed
to draft articles of incorporation and to
look for a suitable clubhouse. Those COM
mittees have been at work but they have
been hampered by the fact that the club
was an unincorporated institution and that
1t was so organized as to embrace "a too
limited field to have the strength neces-
sary to purchase and maintain such club
house as was desirable.
For these reasons the committee on or
ganization made a number of recommends
tons last night which were adopted and
which resulted in a reorganization. Under
the new plan the requirements for member
ship are changed. Formerly there were two
classes of persons eligible to membership,
either of which might apply in the regu-
lar way to be admitted. The active mem
pers consisted of graduates of universities
or schools of technology. The second class
was persons who had attended such a
school at least two years. Under the new
plan graduates may apply for membership.
While other persons. who are considered by
the membership committee to be desirable
as members because of their culture and
attalnmentS IN letters arts sciences, -
may be invited to become members. Once
a member, the second class has all the
rights and duties of members as the first
class.
Under the new plan the club is on a
stock basis and will be incorporated with a
capital stock of $685. coo, the shares to be
each There therefore he n M
than $50 members, for each member is re-
quired to subscribe for at least one share
of stock. The stock may be paid for in
ten annual installments.
The persons associated together for the
purpose of perfecting the new and more
elected Joseph o. Stillson temporary chair
man and appointed Willis A. Bastian Ed
ward Daniels, Albert Baker. Hugh Mex.
lIandon, A II. Snow, Joseph o. Stillson, G.
9. Hadley and Evans Woollen as q com
mittee to solicit subscriptions of stock The
committee is expected to secure
bers Of the O old eli club. n" who me are
without question, made eligible to member
ship in the new club, and from such other
persons as they can recommend for mem
bership. The committee is temporarily
given the powers of the permanent mem
bership committee and board of directors
in the election of MEMBERS and the club
will ratify whatever action it may take in
this line. The committee is given power to
appoint subcommittees and to levy an as
sessment of $3.50 per capita of the mem
bership to cover expenses.
The new club will not be incorporated I'M
til $4,000 of the stock has been subscribed,
and it is hoped the amount will be SUBJ
scribed before Feb. 5. On that date the an
nual meeting of the stockholders of the
Columbia Club will be held, and the new
club expects to oh tain an option on the CO.
lumbia Clubs clubhouse and furnishings.
To do this the club must be Incorporated.
1t is understood that the board of directors
of the Columbia Club is favorable to such a
deal and has made the new club a pro-
visional proposition. The proposition is to
sell the Columbia Club property for $4,000,
including the furnishings which cost about
$4,000, the Columbia Club to occupy the
building until the completion of it's new
clubhouse and the University Club to use
the building as the guest of the Columbia
Club during this time.
If this deal goes through. the Columbia
Club will probably purchase the Christ
Church site and erect new clubhouse. The
membership of the Columbia Club is now
only twenty short of $50, as provided for
under the new law. 1t is expected to be
filled this week, so that by Feb. 5, when
the stockholders meet, there will be in the
neighborhood of 200 members, including
those outside the city.