On April 18, 1889, a meeting was held for the purpose of organizing a social club for the local businessmen in Saginaw, Michigan. The organization was named the East Saginaw Club, and stock was sold at $100 a share. Bids were then submitted for property on which to build the clubhouse, and a site on Washington Avenue in downtown Saginaw was selected. The three-story building was to be an elegant setting for functions, with beautiful surroundings and walls that displayed wonderful and valuable artwork. In 1919, the original charter expired, the new articles of association were ratified, and a new name was chosen: the Saginaw Club. Today, the Saginaw Club has over 300 members and is known for its many traditions, particularly the club's annual toast to the office of the president of the United States.