The Kennewick courier. [volume] (Kennewick, Wash.) 1905-1914, 1907-08-02
. Won a Fortune
in Six Years
uow Mr.. and Mrs. II. A. Hover Go
on a Long Vacation Journey.
81. cnokane Chronicle :

i y,om the Spokane ChfohlcIe'-
By transfer OF all the stock of the
ronnewick Land Co. to Arie Hover
and J. J. Schiffner, III. A. Hover has
severed his connection with that in
stitution, which will hereafter be
conducted by the new owners.
H. A. Hover has retired altogether
I rom the, kennewick Land Co. and
ss,,ith Thos. H. Brewer, and Harry A.
Flood has Incorporated the Hover
investment Co. with a capital stock
/ At s2aO.OOO to carry out Mr.. Hover's
business agreements and to handle
bIs remaining property.
The work connected with this gi-
cantic business transaction, invOlv-
ing over $325,O was completed
only Yesterday in the Offices of the
4 Trustee Co. of Spokane, after expert
i auditors and clerks had been employ
Il ID on the books and legal papers for
4 three weeks.
Only six years ago II. A. Hover
began buying land in this state, with
aeapital of only $500. For two
Years he followed his business as @en-
pral agent for the New York Life In
mrance Co., with the land business
asa sort of side issue. A little later
he purchased the townsite of Kenne-
wick and a large amount OF land I'M
der the kennewick canal, which was
being built at that time byKthe Nor
thern Pacific Railway Company and
/. brmed the Kennewick Land COM
nrany.
This con- pany has been the potent
factor in developing that sage brush
stthment OF only Il inhabitants, to
athriving little city for which are
claimed 2OO0 people with a tributary
population OF 1000 more. in only four
years.
About this time Mr.. Hover took up
agOyernment claim, which was also
under the kennewick canal, where
= Hover, now a town OF about 400 in
habitants, was plotted one year
ago.
In transferring the securities Of the
company in Mr.. Floods offices, con-
hary to the general rule. it was
|, iound that the assets of the com
\ pany not only equaled the paid up
capital stock, but that there is
surplus of $4,000 in addition.
Assoon as the transfer is completed
h Hover and wife will leave for
as&ation frCm the hustle and tur-
mon OF business life that will last
Rarly four years.
The first few months of the vaca-
lion will be taken up in sight seeing
the Canadian Rockies and in Cal
iornia.
Leaving the United States this fall.
" 'uu WIS 1lONcI " III TOUR lklt
MAJOR part OF Europe in an autOmO-
ole. After the tour is over Mr.. HO-
Rrpans to return to the Inland
Umpire to again begin an active bus
mess life here and make this his per-
nanent home.
While Mr.. Hover has paid close at
uatl0n to business interests during
Pslx years that he has been in
us part OF the country, the wonder
Mipossibilities of the Pacific north
west and especially the Inland En-
pre are no better reasserted than in
'ae iact that since organizing the
Atonewick Land company, Mr.. Ho-
'H Las succeeded in earning a for
'aae estimated at 100000 and at
"e same time has been able to take
s!ear from business in 1905 and
udAe MS first extended visit to Eu-
wye On that trip Mr.. Hover visit
%ar'y every country in Europe in
'Oiupany with his wife. The tour
~" being planned, however. will
'aen around the world.