Word: fording
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...well doubt Henry Ford's supreme ability to earn dividends, or to pay them to himself as a stockholder. But security holders in the Detroit, Toledo & Ironton railroad are not so certain whether the automobile manufacturer is equally enthusiastic about earning interest and dividends for others...
...York stockholders hold about $100,000 par value of the stocks and bonds of Mr. Ford's private railroad; Henry himself holds 95% of the road's bonds and stocks. His diversion of automobile traffic to the D. T. & I. enabled that carrier to roll up net income of $1,786,924 last year, and proportionately heavier profits so far this year...
...over the same period. The New York investors have announced their intention to hold on to their D. T. & I. securities, to press immediately for payment of back bond interest and presently for dividends on the stock. Said they: "We are well satisfied to remain a partner of Mr. Ford...
...supposedly friendly relations between Henry Ford and Col. Henry M. Leland were shown to be anything but amicable by a recent letter which Col. Leland has sent out to Lincoln Motor stockholders...
About two years ago, the Lincoln Motor Co., headed by Col. Leland, was forced into a receivership. After endeavoring to interest several wealthy interests, the Lelands at length went to Henry Ford. An agreement was arrived at between them, whereby Ford acquired the Lincoln plant, leaving Col. Leland in charge of it and apparently agreeing to indemnify approved creditors and stockholders...