The Oklahoma City Boat Club (OCBC) was originally founded on Lake Overholser in 1930 when a group of sailing and boating enthusiasts formed the Oklahoma City Yacht Club, as it was called at that time. Times were hard because of the Great Depression, but with a great deal of creativity and "sweat equity" from the membership a number of improvements were made to the property, including a two-story clubhouse by 1933, housing a membership of 25. The club burgee consisting of Indian arrowhead of red on a white background with a red border was adopted in 1932. With the advent of World War II many of the members were enlisted or inducted into the Armed Forces and club activities had almost ceased when the clubhouse burned down in 1942 with its furnishings and locker room contents. Several boats beached nearby also burned.