Business & Finance: Kelvinator to Nash

Last summer the citizens of Kenosha, Wis., gave Charles Williams Nash a public celebration in honor of the 20th anniversary of his removal from Detroit. A farmer until he was 28, a buggy maker in his 40's, the robust, hard-headed motorman stepped down from the presidency of General Motors Corp. at 52 to make his own car under his own name. In the two decades since he moved to Kenosha, his Nash Motors Co. has made more than 1,100,000 cars, paid more than $110,000,000 in dividends.

Four years ago, hoping to spend less time at...

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