New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-24
MCALL HOME A CLUB.
SHADOW LAIN BOUGHT.
Bungalozcs To Be Erected-Garage,
Squash and Tennis Courts.

For the purposes Of a country club which. it
,s said viii be the finest of it's kind in the
world. Shadow Lawn. the magnificent estate
=. the late John A Mccall at West End. n. J.,
hss been purhased by interests represented by
the following committee: P. Sanford Ross,
government contractor; Uzal H McCarter. pres
ident OF the Fidelity Trust Company. Of New
ark; AIyron H. Oppenheim; E. F. c. Young,
president OF the First National Bank, and S. r.
Guggenheina. Of the American Smelling and Re
fning Company
It is purposed to organize a social club or an
association and to issue 100000 in $1,000
bonds bearing interest at the rate OF per cent,
which bonds will be a first lien or mortgage
on the entire property. both real and personal.
Z IS moreover, proposed to erect twenty bun
ealoWs upon the premises, at an aggregate cost
Of not less than $4,000 on which the above
bonds viii likewise be first lien or mortgage.
These bungalows VIII rent for from $1,000 to
81 800 annually.
Not more than two bonds of $1,000 each VIII
be issued to each charter member, and each
charter member will pay annual dues Of 500
and the charter bondholding members viii
be limited 10 go.
L IS proposed to issue SJOOOOO Of common
stock 70 be subsidiary second 10 the issue
Of bonds. and 10 each charter or bOndhOlding
member there viii be allotted an issue Of COM
mon stock 10 the extent of $1,000 gratuity.
II IS also proposed TO have membership
class 70 be known ana designated as associate
members. which members viii pay 500 annual
dues and which associate members Will have
no voice in the management control Of the
club no. be entitled 10 any representation in
the board Of governors
one hundred thousand dollars derived from
the sale Of the 500 bonds is TO remain in the
treasury Of the association as q sinking fund
An associate memls-r must be nominated by
one charter member and the nomination must
be seconded by at least two charter members.
and nc associate member shall be admitted by
Jess than a thirds vote Of the board OF gov
ernors which board shall always consist exclu-
sively Of charter or bOudboldlng members
II is stated that the club Will be under the
supervision and direction Of the best and most
representative steward and hotel man in the
country. and viii be conducted in the interests
Of its members and their families.
The estate consists Of hfty-eight acres Of land
with the structures now erected upon the same.
ell Of which are magnihcently furnished. The
original cos. of the estate was il the neighbor-
hood of SSOO,OOO. but with the enhancement in
the value Of the land and the increased cost Of
labor and material the present time, II is said
that the property could not be duplicated to-
day at a cost Of 81 100000
The spacious entrance and the social hall
which IS 75 by IS feet, are the features Of the
main floor.
Among the many subsidiary buildings on tAe
estate is a garage for the accommodation Of
ssventy-five machines.
large force OF men is already at work on
the grounds getting them in shape and con-
structing the bungalows. It is expected to open
the club on June 1. It viii be kept open the
year around. A casino for lawn tennis and
squash in winter is 10 be built Lawn parties will
be e feature Of the summer season. Tanyho
coaches VIII be run to various points in Jersey
There is a fine road running to Lakewood, built
by George Gould about year ago.
The name of the club IS still under considera-
tion Shadow Lawn viii probably not be re-
tsiued. Brooklawn is being considered.