The Kennewick courier. [volume] (Kennewick, Wash.) 1905-1914, 1907-06-14
Large Holding
Company Formed
h. A. Hover and Spokane Capital.
lists Take Over Property Of
kenneWiCk Land Go. and
Hover Land Co.

by a deal closed this week the
largest share OF the property owned
by the Hover brothers has been
transferred to a new corporation,
organized June 9th. and called the
Hover Investment Co., with a paid
up capital of $40 900. Spokane is the
principal place of business. The of
ficers are H. A. Hover, president; Arie
Hover, vice president; Harry A.
Flood. secretary; Thos. II. Brewer,
treasurer Mr. Flood is General
Manager of the Trustee Co., Spokane
MIR. Brewer is vice-president of the
Fidelity National Bank. Spokane.
This company will not engage in
business, but has been incorporated
solely for the purpose OF holding and
improving the property owned by it
and OF carrying out the contracts
heretofore made by the kennewick
Land Co, kennewick Co, Hover Land
Co, Herbert A. Hover and wife. H.
a. Hover is retaining as his personal
property lots to II in block 4, lots
ii, II, blk 5, lots $40, II, II. blk 3; on
which he expects to erect brick or
concrete store buildings as fast as
satisfactory arrangements can be
made. 1t is not Mr.. HOver's intell-
ton to dispose OF his kennewick
holdings but to hold them for perma
nent investments, having great faith
in the future of this city.
| By a transfer of all stock in the
Hover Land Company and the Ken
newick Land Company, from II. A.
Hover to Arie Hover and Jacob J.
Schiffner of Walla Walla, II. A Hover
has entirely severed all connection
with the real estate bushes in this
valley. Arie Hover will become pres
ident of both companies and Mr..
Schiffner will he the secretary of the
same.
Arie Hover, having been vice-presi-
dent OF both companies for a number
OF years, requires no introduction to
the people. Mr.. Schiffner is an old
resident Of Walla Walfa where he has
| been for several years prominently
connected with the Commercial Club
and the business interests OF that
city.
The kennewick Land Co will have
the exclusive handling OF all property
| belonging to the Hover Investment
Co and will in addition conduct a
general buying and selling real es-
tate business, Arie Hover and Mr.. |
Schiffner making their homes and |
headquarters at Walia Walla with |
branch in Spokane and Seattle and
as at present.
The kennewick office for the pres
ent be under the charge Of James
Crowell. who will also look after the |
hotel and other buildings being, or
to be constructed by the Hover In
vestment company or H. A. Hover.
Mr.. II. A. Hover and wife will
leave for California about July 1st, |
where they expect to make an auto
mobile tour for the following 60 or 30 |
days, when Mr.. Hover Will make a
brief visit to Kenne wick to make
final dispositions before sailing for
Europe, where they expect to remain
for four years, spending one year
each touring France and Germany,
and the other two years will be di-
vided between England, Austria and
Italy. They expect to purchase an
| automobile on their arrival in
| Europe and will use it with the eX
p citation OF touring during their EN-
tire stay, their previous visit having
given them a desire to study more
closely the language. habits and GUS
tones OF the people of those co IN
tries. Before returning trip will he
made to Egypt. Turkey. Greece, Pal
estine, India. China and Japan, re-
turning, if conditions are aafe and
satisfactory 10y way OF Vladivostok,
across Siberia and Rus Sia.