We've been around since '61 and I'm not sure how it started.

I guess you could start with a few people willing to put up a personal
guarantee for a loan until you have enough collateral to get your own club
financing. Then open up to new incoming member to bring in fees and dues
and build from there.

SAC

"John T" wrote in message
...
One thing I wonder about...how do you guys get the capital to buy a plane
for a new club?
I always thought that a club was good for the folks who can't afford to
own, but don't want to depend on renting schedules.

John