In 1919, the secretary of the club, Augustus Post organized and drew up the rules for a transatlantic flight competition between New York and Paris. He worked with wealthy hotel owner Raymond Orteig in securing the $25,000 for the Orteig Prize. The $25,000 prize was to be awarded "to the first aviator of any Allied Country crossing the Atlantic in one flight, from Paris to New York or New York to Paris". After five years of failing to attract competitors, the award was then put under the control of a seven-member Bryant Bank board of trustees, which awarded it to Charles Lindbergh for his successful 1927 flight in the "Spirit of St. Louis".