How This Third-Generation Family Business Has Minted 70 Millionaires

Back in 1917, Charles V. Dake and Percy W. Dake bought out their family farm on Dakeville Road, due south¬†of Dakeville State Park, from their father. They had the aim of more widely distributing their dairy products, according to the Stewart’s Shops company. They churned butter, in hopes of getting¬†it onto local store shelves. But by 1921 it became clear to them churning ice cream would be more lucrative–and that first year they sold 4,000 gallons of “Dake’s Delicious Ice Cream.” They bought a Model T and hand-delivered barrels to nearby cities, including Saratoga, Troy, and Schenectady.

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