(a) “Private club” shall mean:
(1) A nonprofit social club which allows in only dues paying members of good standing and guests, collects dues which it does not pay to shareholders, and has a private building with a kitchen suitable for serving guests.
(2) A recognized fraternal or veterans organization which allows in only dues paying members of good standing and guests, collects dues which it does not pay to shareholders, and has a private building with a kitchen suitable for serving guests.
(3) An organization operated for legitimate purpose which has at least one hundred members, allows in only dues paying members of good standing and their guests, collects dues which it does not pay to shareholders, has a private building with a kitchen suitable for serving guests and employs a staff to serve meals for those guests.
(b) All private clubs, as defined in subsection (a), the premises of which are situated within the corporate limits of the Town shall obtain a Town license and shall pay to the Town an annual license fee.