Prior to 1937 the Sakonnet Fishing Company had fallen on hard financial times and bank foreclosure proceedings made its dock “Shaw’s Wharf”, along with immediate adjoining property, available for $800 to a group with the foresight to form a yacht club. The property was placed in Sakonnet Yacht Club, Inc. (Holding Company), a Rhode Island business corporation, in exchange for stock to the original investor founders. Later in the 1970’s, a founder’s generosity gave the Holding Company the triangle property and the four contiguous parcels where the “shed” stands. The Holding company also acquired the “Flag Pole” Property and the Drennan Property.
Contact Info
Address:
163 Sakonnet Point Rd, Little Compton, RI 02837, United States
Phone: 508-994-2075
Email: andrewmoorwilder@gmnail.com
Website: syc.clubexpress.com
