The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-01-16
ORGANIZING BIG
MOTOR COMPANY

COVE MOTOR COMPANY AT Po-
cATELLOr BUILD IN NEAR
FUTURE. STOCK BEING OFFER
Erred TO RESIDENTS OF IDAHO
AND THE WEST FOR THE FIRST
TIME IN THE HISTORY OF THE
AUTOMOBILE BUSINESS.
The organization of the Cove Mo-
tor Car company at PocateliO Ia one
of the biggest Industrial steps ever
taken in Idaho. The organization of
this company means to the citizens
of Idaho what q big business venture
always means to those connected
Herewith. opportunity to invest prof
itably.
Twenty years ago. the automobile
industry. then in its infancy. was con-
sidered by far-sighted business men
to be good investment. but be-
cause of the novelty of the venture
and the strangeness OF the product
the great majority Of the people fail.
ed to take advantage OF the golden
opportunity to make money. It IL 4
recognized fact that the automobile
Industry. Is one OF the Industries oil
the country. and that dividends from
"a successful company are far great
Ter in proportion to the amount In
vested than any other line OF bust
ness.
The Cove Motor Car company
which was started by H. E. Cove and
is. being backed by him. was incor
porated some time ago. One assem-
a.. C,,-,
mont, Nebraska, and the other al
iPocatello, Idaho. Mr.. Cove has hat
seventeen years experience as an au
tomobile designer, having assisted IL
desinging the Hupmobile. velie. Sax
on, Moore. Mr.. Beauchamp, also con
nected with the company, has for thu
past twelve years been reputably con
lnected as sales manager for seyera
of the most prominent concerns,
The plant to be installed at Pc
catello viii be an assembling plan
and the cars and trucks will be az
sembled from standard parts. Tn
car itself has been designed by H. Z
Cove and the two cars exactly lik'
the. product planned by this compan,
have been in use under all kinds o
road conditions for two years, ant
have proven success. The ca
ready for production is a four cylir
der, Ave passenger nifty designed
electrically equipped machine, star
dard throughout. This will be tn
only car assembled at present an
the price is $1,000 at Pocatello. Tn
one-ton Cove truck win retail a
$500. The two-ton at $2.250. Part
for 80. to 40 cars or trucks can b
shipped from the east to the Assem-
bling plant at Pocatello for sam
sum that one car load of ready al
sembled cars or trucks could be shil
ped. This makes saving OF froI
800 to $500 on cars and trucks. TIL
saving on freight alone would wa
rant an assembling plant IN the ives
Another feature in the investment
addition to large possible dividends,
that any owner of $3.50 or more stoc
can buy one car or truck at dealer
prices or less Is per cent. This
the first opportunity the people {
Idaho or the west have had to inve.
on the ground floor in the au,omobi1
, industry.
Idaho is at present offered TIL
stock and If IL is not subscribed II
eastern people VINO nave made m
lions of dollars in automobile stool
will reap the benefits. Denver inve
tors have already taken stock in OIL
, local company as well as moneye
residents of this section and thos
who have secured stock arc OF II
, opinion that they have. had an exec
tional opportunity
Bert Stout, representing the Go,
: Car Motor Car company of Pocatell
will offer this stock for sale IN So
mon for one week only. This stoC
, is now selling at $40 per share. ar
, it is almost certain that inside of
! days the stock will be taken off II
market as we have only $4,000 mo-
stock for sale
, Dissolution Notice