Lake Placid Company Ten Year Note - Lake Placid Club, Essex County, New York 1968

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Beautifully engraved unissued certificate from the Lake Placid Co. dated 1968. This historic document was printed by the Security-Columbian Banknote Company and has an ornate border around it. This item is over 38 years old with toning on left margin. Dr. Melvil Dewey, originator of the Dewey Decimal System, founded the social and recreational Club in 1895. In a co-operative spirit, its first members were professors, teachers, clergy, writers, and librarians. High standards and unique natural surroundings soon attracted those of means who shared the same interest in intellect and recreation. In 1906 winterized buildings were open for year-round use. By 1923, through vision and true entrepreneurship, the Club had expanded to 9,600 acres with a staff of over 1,100. At that time there were 356 buildings, 110 of which were residences; 21 tennis courts, and 7 golf courses Melville Dewey, founder of the Lake Placid Club Exhibition golf match, August 1922 With help for many years from the Club, Lake Placid has grown into a strong four season destination resort, world famous for hosting the 1932 and 1980 Olympic Winter Games. Surrounded by the dramatic natural beauty associated with the mountain areas of Europe, Lake Placid now stands on its own in attracting National and International sporting events and competitions. Melvil Dewey imported skis; built toboggan runs; had separate skating rinks for curling, hockey, and figure skating; and built the original ski jump at Intervale. Each year collegiate competitions drew crowds up to two thousand to watch jumpers fly over 160 feet. Melvil's son Godfrey was the President of the 1932 Lake Placid Olympic Winter Games, some giving him single-handed credit for bringing the 1932 Olympics to Lake Placid. History from Wikipedia.