Fight to retain the club 073155

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Fight to retain the club 073155 - Members Fight To Retain Country Club Option...
Members Fight To Retain Country Club Option Ends This Fall On Handsome, Rambling Maketewah Fund Committee Is Seeking $455,000 As A Purchase Price To Meet Crisis "Otherwise, We Close Up Shop" BY DAN PINGER MAKETEWAH Country Club is trying to buy itself and if the purchase fails, one of Cincinnati's oldest private country clubs may have to be dissolved. The club now is leasing its grounds and buildings Pt 5401 Reading Rd., from the Armleder Estate. If Maketewah does nbt buy the property by early next fall, the property could be sold to someone else. The club's history shows how this situation came fibout. In the 19th century, the club was the solvent Hamilton County Golf Club and it was located where Xavier University now stands. Its membership included such prominent Cincinnati in dustrialists as B. H. Kroger, Al Streitmann and R. K. EeBlond. In 1911, the club moved to its present 160-acre 160-acre 160-acre location north of Bond Hill. Its name was changed in 1921 to Maketewah, which is Indian for Millcreek Valley. - Immediately before, the 1929 depression, thesocial organization mortgaged its land and began building a lavish clubhouse. Times were good then. The building was to include a main dining room and private dining rooms, a grill, a cocktail lounge, an indoor luncheon luncheon terrace, an outdoor dancing and ice skating terrace, a six-lane six-lane six-lane bowling alley, and the usual kitchens and business offices. The building was under construction construction when the financial world tumbled. IX THE tough years following the crash, many business and professional men had to resign from luxurious Maketewah. As the club lost members, its treas ury declined. So Maketewah was facing a huge clubhouse building deot with a slim pocket-book. pocket-book. pocket-book. A wealthy and eminent member member came to the rescue. Otto Armleder, trucking company owner, bailed the club out of its immediate trouble by underwriting underwriting the completion of the clubhouse and taking up the land mortgage. Before Mr. Armleder died in 1935, he leased the property to the social group with an option to purchase when the club was in better financial shape. The lease terminates terminates in 19B2 and the option ends early this fall. The price tag on the rolling green acres of golf course and the rambling clubhouse is said to bo very reasonable at $455,000. Now the existing Maketewah organization is busy trying to raise the money, Mclvin Robbing, Robbing, 320 Com p ton Hills Dr., Wyoming, is heading the fund-raising fund-raising fund-raising committee. Mr. Robbins, past president of Maketewah, says, "If we do not raise the money, we will have to close shop. We are selling land trust certificates for $1000 apiece with a three per cent, yearly interest rate." This type of financing would create a separate company. company. The new company would bold the real estate in trust and lease it to the existing club. The Robbins group, The Let's Own Maketewah Committee, has set August 31 as the target date for the completion of the fund raising. RICHARD WALLACE, t h ( club manager, believes, "Maketewah "Maketewah physically is the linest country club in the Midwest." This also is the belief of the present, club president, Joe L. Armstrong. It is claimed that the Maketewah real property could not. be duplicated today lor a million dollars. There's a spirit of toil about, the historic club this summer. The 400 members are working long and hard to save their country club. ,' ! ft $ 4 i -2f, -2f, . t J vv i " -T -T . , T 5 , ' t , 'f I ' ' ' , , , J . V 4t . t - . 1 v-, v-, v-, ' 1, -A -A S '?, , u ", S. r 1 - ,' , ' ,'-, ,'-, ,'-, - - . ( ' ' ' ,' Z I ? it The 400 members of the Maketewah Country Club are going to have to buy their luxurious pleasure plant if they want to stay in operation. The rambling club house is shown at left. Above is the swimming pool.

Clipped from The Cincinnati Enquirer31 Jul 1955, SunKENTUCKY EDITIONPage 96

The Cincinnati Enquirer (Cincinnati, Ohio)31 Jul 1955, SunKENTUCKY EDITIONPage 96
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