There Is One For Sale In Stockton
By Bob Walsh
The Stockton Gold and Country
Club is up for sale after defaulting on an $8.2 million debt. When it
opened in 1914 there were only 11 other golf courses in California.
Apparently
operations like this make a lot of money on banquet facilities and
special events. That completely went away during the plague. CA is now
more or less opened for business but it is almost impossible to find
help just now.
The club
officers and management hope that whoever buys the waterfront property
will want to continue to operate it as a golf club. The sale will take
place on October 17. Multiple possible buyers have expressed interest,
including a group of club members. The Bank of Stockton holds the note
on the property. The outstanding debt is $8.2 million.
1 comment:
Obviously that was supposed to be "golf" and not "gold." Not enough Green Death before my morning typing.
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