William John Howey facts for kids
William John Howey (January 19, 1876 – June 7, 1938) was an American real-estate developer, citrus grower and Republican politician from Florida. He founded and served as mayor for the town of Howey-in-the-Hills, Florida. He developed and sold citrus groves, becoming one of Florida's greatest citrus developers. He opened Florida's first citrus juice plant. He ran twice for governor. A former home near Lake Wales, Florida became the site of Florida's Bok Tower at the Bok Tower Gardens.
Early life
Howey was born in Odin, Illinois on January 19, 1876. His father was United Brethren minister named William Henry Howey. His mother was Mathilda Harris Howey. He attended the public schools. At age 16, he became a life insurance salesman. Sometime around 1900, he developed real estate in Oklahoma. He briefly tried manufacturing automobiles in Kansas City, but returned to real estate in 1905. He sold pineapple plantations near Perez, Mexico until the political situation became unfavorable in 1907.
Florida citrus grower and developer
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He then moved to Florida near Winter Haven, where he sold citrus groves near what are now Dundee, Lake Hamilton and Star Lake. After a time, he moved his operations to Lake County, Florida at the behest of Lake County Sheriff Balton A. Cassidy and Harry Duncan. By 1920, he held 60,000 acres (240 km2). He purchased land for about $10.00 an acre, developed it into citrus groves, and resold it for $800 to $2000 an acre. If the buyer purchased a maintenance contract, Howey guaranteed the investment plus interest within certain time constraints. In 1917, he opened the Bougainvillea Hotel to house potential investors, and in 1924 he replaced it with the Hotel Floridian on Little Lake Harris.
In 1925, Howey-in-the-Hills was incorporated and Howey became its mayor. That same year, he built the Mediterranean Revival mansion known as Howey House in the town. Howey's businesses continued to do well, both selling citrus from his holdings and selling groves to investors. He opened the state's first plant to bottle citrus juice in 1926. He was one of the first to pasteurize fruit juice and experimented with large scale vacuum storage of fruit. Later that year, the Florida land boom collapsed. Although sales plummeted, his companies continued to make a profit. However, the stock market collapse in 1929, the discovery of the Mediterranean fruit fly and hurricanes in the later 1920s heralded the decline of his businesses. His land sales and citrus holdings eventually lost money during the Depression. After his death, the Supreme Court deemed his real estate sales/maintenance contracts illegal as an "unregistered security."
