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After the war he joined the Aviation Reserves and in January 1923 spent three months at McCook Field, Dayton, Ohio taking a course in engine and plane maintenance. In 1924 he became governor of the National Aeronautic Association for the State of Vermont. He continued his Aviation Reserve status as a Lieutenant until 1932, when he was advanced to Captain. 
Between the two World Wars Holterman engaged in business at Woodstock, establishing the Holterman Warehouse, dealing in farm machinery equipment, and became a director of Woods Aquaduct Company. He was also active in social and civic affairs of the community. 
During World Was II he again entered active service and became a Colonel and Commanding Officer of United States Air Bases at AGRA and KARACHI in the China-India-Burma theaters. 
After the war he returned to Woodstock and resumed his business affiliations. Following a long illness, Holterman passed away at his home on March 28, 1954 at age 68. He was survived by his wife, a stepdaughter, a brother and a sister. Burial was in the Woodstock River Street Cemetery. Holterman held Commercial Pilot License No. 1354 and reportedly had logged 2236 hours of flying time. He was a member of the Early Birds, American Legion, Masonic Order, and several local civic clubs. 
Flying Pioneer, Early Bird Edward H. Holterman served most of his flying career in the service of his country. Active in both world wars his name must be well recorded in Early American Aviation History.