Word: malcomson
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...Couzens, with a very small stock ownership which was his own, and not Mr. Malcomson's (except that I believe Mr. Malcomson may have given him a few thousand dollars' worth of stock as a gift) was given an executive position in the Ford Motor Co. simply because he was a splendid business executive, and for no other reason...
...from being ashamed of the venture, Mr. Malcomson was so enthusiastic about it that he pushed it with every ounce of energy he had, personally signed the notes of the company at a time when they had no credit, and almost forced his friends to buy stock at a time when they had no confidence in the new venture. Faith and pride in the organization of the Ford Motor Co.! He was bursting with...
...think Mr. Malcomson might have been living today had he not grieved so over the mistake he made in selling his Ford stock-selling the American stock to Ford and letting him have the Canadian stock, under their agreement, without recompense. He took the money received from his Ford Motor stock and organized another motor company, and it failed, carrying with it not only all the amount received from the Ford stock but making it necessary for Mr. Malcomson to meet, for some years afterward, notes which he had personally signed to save the new organization...
When I was able to make good pie, I was proud of it. When Mr. Malcomson organized the Ford Motor Co., he was proud of it! Were they not both worthwhile achievements...
...ALEXANDER MALCOMSON...