Business & Finance: Ford vs. Leland

The supposedly friendly relations between Henry Ford and Col. Henry M. Leland were shown to be anything but amicable by a recent letter which Col. Leland has sent out to Lincoln Motor stockholders.

About two years ago, the Lincoln Motor Co., headed by Col. Leland, was forced into a receivership. After endeavoring to interest several wealthy interests, the Lelands at length went to Henry Ford. An agreement was arrived at between them, whereby Ford acquired the Lincoln plant, leaving Col. Leland in charge of it and apparently agreeing to indemnify approved creditors and stockholders....

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