Cashmere Chib wants room, members, money

Press, 26 August 1978, Page 20

Cashmere Chib wants room, members, money

An increase in membership ! has been sought by the Cash-1 [mere Club to help finance! [5380,000 alterations to the! [club’s premises. The Licensing Control [ Commission was told on : Tuesday that an increase of ■ 500 on the present membership of 2061 would allow an early start on the alterations. The changes to the club’s i premises in Colombo Street would include a dining room, : kitchen, games room and toile* facilities. : John Edward Ryan, a barrister and solicitor, told [the commission that the club! could finance the alterations: out of its revenue “in the’ fullness of time.” But an increase of 500 members would [give the club about $20,000!

•in subscriptions, and tradings j could boost this to $45,000-:: $50,000. [t j Preliminary inquiries had[> 'shown that the club could, ! borrow a significant amount [1 from among its own mem-1 < hers by way of debentures, h “presumably at current rates!) of interest,” said Mr Ryan, j The commission was told|< that the club was “one of|( the showplaces of Cashmere.’’:) The licensing trade had not ) been interested when the; I club was established, and theli nearest hotel was still a' mile away. i The last time membership, • was increased was two years.s [ago — from 1800 to ’2000.j ( 'Mr Ryan said it. was “cm-1, barrassing” that the club had 1 in fact more than 2000 mem-.I Übers when making its appli-lf

cation. However, there was :a waiting list of 300 willing! [to pay the membership sub-i scription, he said. ! Objections were heard [from the Hotel Association'! I of New Zealand that the club' [would become a “large co-1 operative trading enterprise” •if the membership were in-1 • creased. Counsel for H.A.NJS.[ (Mr A. C. Thomson) said the! [club would return to the [commission for further mem-1 Ibership increases to finance! • its deficits. The commission reserved: its decision on the case. An application by Wright- • .son N.M.A., Ltd, for removal’ [of a wholesale liquor licence from Dunedin to Christchurch premises was adjourned toj 'September. i