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Milton S. Hershey, creator of The Hershey Company, was a chocolate industrialist and had founded the town of Hershey, Pennsylvania. [8] On November 15, 1909, [9] he and his wife, Catherine Hershey, signed over a 486-acre (1.97 km 2) piece of farmland, forming the Hershey Industrial School. [10]
The trust was created in 1909 by a deed of trust from Milton and Catherine Hershey, granting 486 acres (197 ha) of land in Hershey for the establishment of the Milton Hershey School. [22] [23] In 1918, Milton Hershey quietly donated to the trust the bulk of his fortune, $60 million of stock in Hershey Chocolate Company (now the Hershey Company ...
In April 1862, Hershey's sister Sarena Hershey was born in Derry Township, Dauphin County, Pennsylvania, and died in 1867 at age 4. [3] Hershey had a very limited education, with no schooling beyond the 4th grade. In 1871, Milton Hershey left school and was apprenticed to a local printer, Sam Ernst, who published a German-English newspaper.
Catherine Sweeney Hershey was a known gardener and designed the gardens at her homes and the Milton Hershey School. Regardless of this, their marriage was seen as a successful and happy one. Especially when Hershey purchased a nearby home for his mother to move into (a tactic he would also employ when they moved to, and settled the town of ...
The Hershey Trust Company's approval is key in any takeover deal, given its voting control of the chocolate maker. Hershey and Mondelez did not immediately respond to Reuters' requests for comment.
The Hershey Company was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, originally established as a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company. [6] Hershey's chocolate is available in 60 countries. [7]
The award-winning theme park, created by chocolate maven Milton S. Hershey, is home to family-friendly attractions and globally-recognized roller coasters, but it's a milkshake served within its ...
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