Common

Jekyll Island Club

United States historic place

Jekyll Island Club

Common card · No. 361603

The Jekyll Island Club was a private club on Jekyll Island, on Georgia's Atlantic coast. It was founded in 1886 when members of an incorporated hunting and recreational club purchased the island for $125,000 from John Eugene du Bignon. The original design of the Jekyll Island Clubhouse, with its signature turret, was completed in January 1888. The club thrived through the early 20th century; its members came from many of the world's wealthiest families, most notably the Morgans, Rockefellers, and Vanderbilts. In November 1910, leading members of the American financial sector, including Paul Warburg and members of J.P. Morgan, met on the island in secret to draft legislation for a central bank which would later influence the Federal Reserve Act. The club closed during World War II, at the end of the 1942 season. In 1947, after five years of funding a staff to keep up the lawn and cottages, the island was purchased from the club's remaining members for $675,000 (about $7.4 million in 2017...

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