Word: malcomsen
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Career: From his father's small soap factory at Chatham he, aged 18, migrated to Detroit, became car-checker, then bill-clerk for the M. C. R. R. A. Y. Malcomsen, coaldealer, made him his bookkeeper at $75 a month. He married Margaret A. Manning of Detroit in 1898, who bore him one son, three daughters...
...Malcomsen helped Henry Ford start his motor company but, ashamed of the venture, invested under Couzens' name. He too invested-$900 savings, $100 borrowed from an aunt. Later Ford made him general manager. By 1914 he was drawing a $150,000-a-year salary, large dividends. The same year he advised, obtained Ford's $s-a-day minimum wage. In 1915 he quarreled with Ford's pacifism, resigned, sold his original $1,000 investment for a $30,000,000 check which for days he carried in his pocket, unbanked, to show friends. At that time...
| 1 |