A NEW FORD COMPANY.
•POSSIBLE LITIGATION. New York, March 11. Interesting litigation is promised as the r<Milt of the announcement by Mr. Edsel Ford that he and liis father propose to withdraw from the Ford Motor Company and devote themselves to the establishment of a new company, with branches all over the United States, for the production of a motor-car to sell at £SO. The decision of the Fords is due to the action of the Supreme Court in ordering the distribution of $19,000,000 (£3,800,000) accumulated funds among the stockholders. They declare that the ,new company will be financed entirely by themselves, in order that they shall be unhampered in its management. Leading stockholders in the Ford Company declare that Ford's genius belongs to them by contract, and therefore tlicy are seeking an injunction against the formation of any company by him or his son in competition with them.
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Taranaki Daily News, 17 May 1919, Page 12
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149A NEW FORD COMPANY. Taranaki Daily News, 17 May 1919, Page 12
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