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By 1910, the company was producing all its parts and selling its cars in the range of $4,500 to $5,000. From 1911 Cunningham offered complete automobiles that were illustrated in its first catalogue. They were hand-built and production was slow: one and a half cars per worker per year from a workforce of 450.
Under an order from a federal judge, $273,000, or 44 percent of the debt, was eventually paid to creditors. [26] In 1914, a new entity, named the New Columbus Buggy Co., was incorporated with $500,000 in capital under a new ownership group, including C. A. Finnegan and E. D. Hoefeller of Buffalo, New York . [ 27 ]
His father was James Warren Sears, born circa 1828 in New York, a blacksmith and wagon-maker; his mother was Eliza Burton, born in Ohio circa 1843. The family was living in Spring Valley, Minnesota, by June 1870, where his father served as a city councilman and eventually sold his wagon shop in 1875. Both of his parents were of English descent. [1]
Checker Motors Corporation was a vehicle manufacturer, and later an automotive subcontractor, based in Kalamazoo, Michigan.The company was established by Morris Markin in 1922, created by a merger of the firms Commonwealth Motors and Markin Automobile Body, and was initially named the Checker Cab Manufacturing Company.
In 1925, Sears held a national contest to decide the name of a new brand of car tires. After 2,253,746 name submissions from 937,886 participants, "Allstate" was chosen. Hans Simonson of Bismarck, North Dakota, received a $5,000 cash prize for his winning entry among a list of 31 he submitted.
The car was sold to a museum in 1963, but its owner was unaware of the car's rarity and used it as a donor to other Cadillac models in its collection. The car then spent over 50 years in storage until it was purchased by another museum, where it is currently on display in Caçapava . [ 43 ]
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