Word: olen
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Dates: during 1938-1938
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Like many another inventor, Otto Zachow had no head for finance. He and his brother-in-law, William Besserdich, unable to get their machine into production, interested a husky young lawyer named Walter Alfred Olen. Walt Olen set out to raise $250,000. In 1910 the present company was incorporated, with him as president, and Otto Zachow received a block of stock. About 1914 Zachow and Besserdich sold out for $25,000. That was a mistake, for General Pershing had found several F.W.D. trucks useful while chasing "Pancho" Villa across Mexico. When War broke in Europe, the Allies began buying...
F.W.D. is now at work on military contracts for the U. S. and foreign buyers. Dominating every detail is Wralt Olen, now 63, but still full of four-wheel-driven energy. When he laughs he still gets red all over. Pompous but kindly, he likes to lecture his men. When he is preparing a lecture, his wife has advance notice-he practices while shaving. Then a problem bothers him, he puts a compass in his pocket, strikes out into the woods until his mind clears. Whenever he passes an F.W.D. truck he tips...