Wanganui Savage Club members will vote to fold up the club after 125 years at what will be their final annual meeting this Sunday.
Suffering from a declining and ageing membership the club has decided to finish in October.
"It is a sad affair that we are shifting out, but that's it - we can't run it," trustee Ted Duggan said.
The membership has dropped to about 20 people following a peak of 250 with 50 on the waiting list in the glory years in the middle of last century.
The Savage Club began as a gentlemen's club in London in 1857 and spread to have branches around the colonial world.