Thursday, April 10, 2014

Casein Co. Buys Bainbridge Creamery Plant, 1901

Sale of the Bainbridge Creamery Plant by
C.C. Hovey to the Casein Company of America
Chenango Semi-Weekly Telegraph, Dec. 4, 1901
 
A large business deal has been in process of consummation for the past few days, whereby C.C. Hovey of Bainbridge [Chenango Co., NY], will dispose of his entire milk interests in this town, South Coventry, and Sidney, to a syndicate of gentlemen who propose the further enlargement of the business in various ways. 
 
The representatives of this syndicate have in view making Bainbridge one of the largest centers for the reception and consumption of dairy products in this country.  The volume of business done by Mr. Hovey in the past year has amounted to $250,000 and if the syndicate carries out the plans laid, the new proprietors will do a business immensely beyond that, benefiting Bainbridge and the surround territory to a degree beyond calculation.
 
Mr. Hovey started in the creamery business sin Bainbridge thirteen years ago, and in that time several factories have opened up and then gone down, leaving a depression that has been unfavorable to the prosperity of the village.  But the creamery plant has been thriving all these years, beginning in a modest way, and enlarging each year, absorbing more milk products, hiring more men who are promptly paid, no adverse conditions externally interrupting its prosperous career.  Its location on East Main street has been, since the inception of the plant, a center of constant activity day and night owning to the ceaseless push and energy of its chief, Mr.  Hovey.
 
When Mr. Hovey closes his connection with the Bainbridge creamery, he has other valuable interests that will demand his attention, among them being the development of an oil property in Pennsylvania.  He will undoubtedly retain his residence in Bainbridge.
 
Mr. Hovey represented his town on the board of supervisors three years, and is well known throughout the county for his great business capacity, honest and upright dealing, and his generous and kindly treatment of those who were in his employ, always paying the highest wages consistent with good management.  It is not stated what the terms of the sale are, but it is understood that the amount paid was in cash and will provide the retiring owner with a handsome fortune.  Hon George W. Ray of this village [Norwich, NY], was attorney for Mr. Hovey in negotiating the transfer. 

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