The Ford Motor Company inaugurated some weeks ago a partial payment plan for the small car buyer, whereby, with the initial deposit of $5, funds could be saved to purchase a Ford car.
Now W. C. Durant, head of Durant Motors, Inc., has announced his intention to organize a national bank in New York City, whose officers and directors will serve without compensation, and in which stockholders will be allowed to hold only one share. In all, 300,000 shares will be offered, at $150 apiece. Equally distinctive is the announced policy of the...
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