History

Hopewell Investors was founded in February of 1993 based on an increased desire to learn more about investing through the sharing of ideas among friends. The three driving tenets of HI - Financial learning, Friendship, and to be Successful in our investment decisions - still are the key components of our club today.

Peter Gibson, original President and Founder of HI, Ed Granski, founding Secretary, and Newell Thompson, met for the first time at 29 Honey Brook Drive sometime in February of 1993 to discuss all issues regarding the club and the direction we wanted it to take.

A big influence in the formation of Hopewell Investors is Princeton Investors' Articles of Association which we were able to review through Jack Wallace. Ed Granski's legal background was invaluable in creating our own partnership agreement including:

    # of Members
    nominating members
    types of membership
    meetings, where,when,etc.
    meeting guidelines
    executive positions and responsibilities
    voting privileges
    owning & selling of shares
    withdrawal from membership

The first 2 or 3 meeting were solely devoted to developing the basis for what HI has become. The first several meetings were held at Mignella's, or more aptly "Hillbilly Hall". It was at Hillbilly hall we had our first discussions about investment ideas and purchased Philip Morris. With Clint Eastwood and John Wayne watching over us, Hopewell Investors began meeting regularly in the spring of 1993.

By the end of 1993, Hopewell Investors brought a 4th member into the group and we welcomed Chris Kuenne at our December meeting. It was also at this time the group had realized that perhaps there was an alternative to Hillbilly Hall where we could meet more privately and find a better meal. Thus, we moved to the Rocky Hill Inn beginning in 1994.

The Rocky Hill Inn offered a great private room upstairs with good food, BUT we quickly realized a move was necessary as they prohibited cigar smoking. After 2 or 3 meetings there we adjourned to the Yankee Doodle Tap Room for a couple transitional meetings. New member John Ellis offered to host meetings at his lovely estate on the American Boychoir Campus which was a tremendous success. John's affinity to fine wine, fine smoke, fine pizza, and fine poker proved to be a winning combination. We enjoyed a nice run at John's abode. There were two roadblocks for continuing the meetings on Lambert Drive - The saturation of cigar smoke into the floorboards, ceiling and walls was seriously devaluing his property. Secondly, the membership was growing and there was a feeling we needed a setting that could accommodate. Thirdly, and perhaps most importantly, John began courting his future wife, Karen. The smell of beer and cigar really was not conducive to a flowering relationship.

Our next move to the Nassau Club is home to HI's current meetings. We reside in the highly esteemed "Gun Room".