The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1908-02-14
NEWLY ORGANIZED COMPANY
PURCHASES DONOVAN. MOOR.
MICK ESTABLISHMENT.
TO OPEN MONDAY
Old Firm VIII Not Be Dissolved but
Will Conduct Implement Depart
ment.-New Management to Re
stock Every Department With High
Grade Goods.
Fro4 Wednesdays Daily.

Frop1 Wednesdays Daily.
One Of the largest business deals
that has been made in Billings for
some time past was consummated yes
terday when a new company, styled
Keil Bros, 81 which prominent bust
8 men Of the city are at the head,
purchased the Donovan-Mc Cormick
company's department store on Mon
tana avenue. The store building Is
included In the deal.
The members Of the new firm are
the Keil brothers, who are prominent
in business circles in this city, and
Christian and Peter Yegen. Of Yegen
Bros, bank and department store.
It has been rumored that such a
deal as was closed yesterday was
pending. since it became known that
. meeting Of the stockholders Of the
Donovan-McC ormick company was to
be held Boon
The Donovan-McCormic company
VIII not be dissolved. but will con-
duct the implement department Of
their store in Billings in the future.
The grocery department. VIII be con-
Quoted by the company until satur-
day, when that department will be
turned over to Keil Bros.
viii Take Inventory.
Besides the grocery department, the
clothing, dry goods. cloak and suit
and ladies, ready to wear garment
departments, as well as the basement
bargain store Ire transferred to Keil
Bros. All of the departments will be
closed the balance of this week while
an inventory is being taken, with the
exception Of the grocery department.
The new company will restock every
department Of the store with new and
up-to-date goods and will handle moth
ing but f1rst-class lines in all depart
ments. Business will be done on a
strictly cash basis. and this will en-
able the new firm to offer to the trade
exceptional bargains and inducements
in all departments.
The policy Of the company in hand
Ting city and country trade, as we'll as
filling mail orders will not be any
different than that followed by the
DonovansMcC ormick company, except
that every thing will be sold for cash.
E. r. keiI, Manager.
Emil R. kel4, for many years man.
ager Of Yegen Bros. wholesale grocery
department, and a business nan of
high standing and great ability, will
manage the store under the new own
\ ership.
The men at the head Of the new
company are not strangers to Billings
people. The Yegen brothers are
pioneer business men Of Billings, and
have extensive commercial interests
in this section Of the state. Yegen
Bros. bank, department store, and
numerous other enterprises are own
ed and controlled by the brothers.
Banks in the western part Of the state
are also owned and controlled by
them.
The Keil brothers have been identi-
fled with Yegen Bros. store and
wholesale departments for several
years, and are connected with other
big enterprises in the city. They are
men Of high standing in the com
munity. unquestionable integrity and
great business ability.
Announced They Would Retire.
The Donovan-McCormick company
was organized in Billings q number Of
years ago. Included in the stock
holders in the firm are Paul McCor-
mick, T. G. Powers and A. @. Johnson
OF Helena. They have operated the
department store which was sold yes
terday, in the same location in which
! It now stands. since the company was
organized.
Last fall It was announced that the
company would 90 out OF business.
and a, sale to dispose Of their large
stock was inaugurated. The sale has
continued since that time, and al the
result the stock Is greatly depleted.
In speaking of the deal yesterday
Fred Kei1, a member OF the new com.
pany, said:N ut is our purpose to Ne.
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