Huntsville Country Club planning sale, ownership change

HUNTSVILLE, Ala. (WHNT) – Huntsville Country Club has called members to a meeting Wednesday evening to talk about transferring ownership and a name change.

The meeting is at 6:30 p.m. at Huntsville Country Club, but the problem is, the club hasn’t been able to reach all of its shareholders to notify them about it.

The club is more than $2 million in debt, and six shareholders plan to pay off said debt with Dave Tolliver as the majority shareholder.   Tolliver tells WHNT News 19 if the sale goes through, he will take over day-to-day operations for the club.

The land is owned by a group of shareholders known as Mountainview Realty. Huntsville Country Club currently owns a large percentage of those shares, but needs more shareholders to vote in favor and push the sale through. Huntsville Country Club owns 214 of the 426 land shares, totaling 51 %. Roughly 70 more shares’ worth of ownership is needed to vote to reach the required 66 % for a super majority.

The problem lies in the fact that many of the original shareholders died, and the club hasn’t been able to reach others.

Tolliver and his group of investors are hopeful the required percentage of ownership will be present at Wednesday’s meeting, but there is no way to know until that time comes. If you own or know anybody who owns stock in Mountainview Realty, you are encouraged to attend a vote at 6:00 p.m. just prior to the membership meeting.

The Huntsville Country Club is located at 2601 Oakwood Avenue, Huntsville AL 35810.  The phone number is (256) 859-3000.

3 comments

  • Bob

    When it was built, the country club was on the NW side, because NW Huntsville was where the Arsenal folks lived. Then it switched to SW and then SE and spread to Hampton Cove. Now NW Huntsville is the bad part of town where all the bad stuff happens. The Huntsville Country Club is irrelevant and it’s clientele dying off. They might as well close.

    • Nuclear Mike

      You are so correct…even the land now has no real value due to its’ location…perhaps the Hays’ brothers will turn the property into the NEW Jones Valley!!!

    • Miransky

      When it was originally built, in 1925, it was in the country. It wasn’t the northwest side of Huntsville. It was a fair distance from Huntsville.

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