 The club leased an area around the three Preston Ponds from the Adirondack Iron and Steel Company – a later incorporation of the Adirondack Iron Works.In January 1877, the club was reorganized and incorporated as the "Adirondack Club" and the entire Tahawus Tract was leased from the heirs of the original Adirondack Iron Works.In 1898 the club renamed itself again to the Tahawus Club.