Nine years ago in Bradford, Pa., an engineer named C. G. ("Center of Gravity") Taylor gave up the corporate ghost trying to manufacture and sell a light, cheap airplane, the Taylor Cub. On the auction block went his two-year-old Taylor Brothers Aircraft Corp. For $522.50 a native Bradford boy, husky, genial William Thomas Piper, ex-oilman, engineer and Harvard hammer thrower, whose flying experience consisted of one short ride, bought the defunct firm. With an additional $2,877.50 he formed Taylor Aircraft Co., took Taylor in as partner.
For five years the two worked at cross purposes, Piper plugging for cheap mass...