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Detroit Auto Vehicle Company : ウィキペディア英語版 | Detroit Auto Vehicle Company
Detroit Auto Vehicle Company was a short-lived early automobile manufacturer established in the summer of 1904 with a capital stock of US$150,000. Based in Detroit in the old Detroit Novelty Machine Company building, it also had a foundry in Romeo, Michigan.〔The Horseless age: the automobile trade magazine, Volume 19 page 580〕 It ceased operation in October 1907 following bankruptcy. ==Company history==
The company was fighting during the short time of its existence against litigation by stockholders of the predecessor company Detroit Novelty Machine Company, who were decidedly against the production of an automobile. Finally, the company went into bankruptcy in 1907.〔Storied independent automakers: Nash, Hudson, and American Motors By Charles K. Hyde〕 In 1908 bond holders in the bankrupt company were paid 24 percent on each $100.00 and the affairs of the company were closed. Two of the most influential personalities in the early American automobile business were involved with the company. One was John North Willys, who soon after bought the Overland Automotive Division from the Standard Wheel Company which became the ''Willys-Overland Motor Company''. The other gentleman was Josepf L. Hudson, a Detroit business man who earned a fortune with his department store. He backed Roy D. Chapin with the money needed to form an automobile company. Chapin named it in his honor the ''Hudson Motor Car Company''.〔(American Automobiles )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Detroit Auto Vehicle Company」の詳細全文を読む
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