When landlords Clovelly Estates went into liquidation during the Great Depression of the early 1930s, the members of the Clovelly Country Club tried to buy the course, which was situated alongside the Silvermine River in Fish Hoek Valley, from the executors of the insolvent estate. They were not successful, as the Messrs Ackerman and Pevsner's bid was accepted. They duly formed the Clovelly Country Club. Membership was offered to all members of the original Clovelly Golf Club, but the majority of the members decided to move away and purchase their own golf club.
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