Family Plus & Family Rec memberships both require stock. Any first-time stock purchaser receives a $200 discount off the first year’s dues, whether paying all at once, in installments, or via private sale. Stock is purchased through the pool at the same time you register online for your summer membership, whether by making a one-time payment or completing any of three consecutive non-refundable annual installments. Members who had a Special Summer Non-Stock Membership who now want to purchase stock must change their membership level to a First-Year Stock Purchaser Membership when they go to register so the proper options are displayed - just follow the prompts.
Stock purchase options:
1. One-time payment of $550. Make your selection at the same time you register online for your summer membership.
2. Three consecutive non-refundable annual installment payments of $200. Make your selection at the same time you register online for your summer membership. Members are not stockholders until they complete all 3 payments. Payments must be made in consecutive years, and are non-refundable.
3. Private Stock Transfer. Members may purchase stock privately from a current stockholder. Ridgewood Pool does not assist with private transactions, but the transfer does need to be officially completed through the pool. Members can find a seller, negotiate a price, and return the seller’s stock certificate to the Membership Coordinator to transfer ownership. Please see instructions below. The $200 First Year Stock Purchaser’s Discount DOES apply to private stock transfers.
Once someone is a stockholder, they can keep the stock indefinitely and purchase a membership in any summer they choose (or not). It can be sold when it is no longer wanted/needed via private transaction or through the pool. Stock redemptions through the pool are currently suspended until further notice, though stockholders are welcome to find a private buyer. Facebook Marketplace and Craigslist have been successfully used for private sales in the past. Please follow the instructions below.
Instructions for private stock transfers:
RW Membership Coordinator
c/o Becky Jenn
5117 Flad Ave.
Madison, WI 53711
registerridgewoodpool@gmail.com
Once someone is a stockholder, they can keep the stock indefinitely and purchase a membership in any summer they choose (or not). It can be sold when it is no longer wanted/needed via private transaction or through the pool. Stock redemptions through the pool are currently suspended until further notice, though stockholders are welcome to find a private buyer. Facebook Marketplace and Craigslist have been successfully used for private sales in the past. Please follow the instructions below.
Instructions for private stock transfers:
- Sellers must indicate that they are selling their stock to their buyers on the back of the existing stock certificate, then sign and date it.
- Buyers must print their names (as they would like them to appear on their new stock certificate) on the back of the seller’s stock certificate. Buyers’ current address should also be listed legibly on the back.
- Buyers must mail the stock certificate to the Membership Coordinator (below) for official transfer.
- Membership Coordinator will retire the Seller’s stock number and mail a new stock certificate to the Buyers. Proof of all private stock transfers must be submitted before access to the pool will be granted.
RW Membership Coordinator
c/o Becky Jenn
5117 Flad Ave.
Madison, WI 53711
registerridgewoodpool@gmail.com