At the present time (Jan 2009), four shares are available for sale with prices reflecting the costs incurred by each share since inception plus other assets like storage sheds and a private room individually owned.  The selling shareholders and their particular ownership are as follows;

1.  Wilson Burton of Brentwood, TN - Share only - (615) 714-5134, or, huntandfish@comcast.net

2.  Billy Coble of Lewisburg, TN - Share plus one storage shed.  He and Tommy Hawkins together own a private room which will be sold.  (931) 580-8709, or, CobleBilly@bellsouth.net .

3.  Bill Coble (G. William) of Nashville, TN - Share only - (615) 417-2250, or, bcfrtl@aol.com .

4.  Tommy Hawkins of Lewisburg, TN - Share, two storage sheds and the private room owned with Billy Coble above.  (931) 580-1526, or, thawkins@lewisburgprinting.com .

Prices for the shares offered vary, starting at $150,000.  The storage shed prices are in the neighborhood of $5,000 each and the private room is being offered at $40,000.

If you have an interest, please contact them directly or contact any other member you may know.

Shareholders are responsible for their pro-rata portion of the annual expenses, which are expected to remain about $8,000 per year.  This may seem like a large commitment and it is.  A buyer is not only purchasing a share of all the assets in an exclusive hunting club (with other year around activities like fishing, hiking, 4 wheeling, using the lodge for business meetings, family get-togethers, etc.), but also he is insuring that he and his future generations will have a place to hunt and roam the woods. 

In that the book value per share of all assets acquired and improved since 1988 is $79,700 (Nov 30, 2009 Balance Sheet), and that the land alone (3,250 acres) was acquired for an average cost of $375 per acre, this investment represents real value.  The current land prices for similar property in the area are closer to $1,000 - $1,500 per acre.  Do the math.  At the low end, $1,000 per acre, the hypothetical value per share is over $ 133,825 (3,250 ac. x $1,000/ac. less the note balance divided by 24.  Then, add the other assets and improvements.  For the right person, opportunities like this don't come along very often. 

Financing for any additional shares may be available through one of several banks with which we have a good banking relationship (meaning, they have financed other shares).  If this would be attractive, please contact Robert Alexander at (615) 435-8315 or RAlexander@ChappellSmith.com .