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Detroit Auto-Marine Engine Company

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scott_peters
New member
Username: scott_peters

Post Number: 1
Registered: 05-2006
Posted on Wednesday, May 03, 2006 - 02:09 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Moderator/Admin Only)

Detroit Concerns
The Detroit Auto-Marine Company has incorporated with a capital stock of $75,000. The stock is divided as follows: Lou Burt, 2,400 shares common; Edwin M. Stone, 2,400 shares common; Myrtle P. Hurlbut, 100 common; Lou Burt, trustee, 875 common and 1,000 preferred; Edwin M. Stone, 1625 common and 6,500 preferred, and Edwin M. Abbott, 100 shares of common.
Michigan Investor, Vol. 4, No. 1, October 7, 1905. p. 11.
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johnny
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Username: johnny

Post Number: 22
Registered: 03-2006
Posted on Thursday, May 04, 2006 - 10:28 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Moderator/Admin Only)

$75.000 must have been a lot of money for a company back in the 1900's. I guess maybe they were Just getting the business off the ground.

John

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