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On September 22, 1886, the land was transferred to the Loring Land and Improvement Company, composed of General Dunn, then a retired Army Brigadier General and former Judge Advocate General; George B. Loring, a former Congressman and Commissioner of Agriculture; and George H. LeFetra, a Washington temperance hotel proprietor.
Following initial discussions at a tea room above a baker’s shop in Candleriggs, Glasgow, on the proposal to form a club, the first formal meetings of the club were held at the Waverley Temperance Hotel, on Buchanan Street, Glasgow, with Dennistoun elected the club’s first president.