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Dodge v. Ford Motor Co., 204 Mich 459; 170 NW 668 (1919), [1] is a case in which the Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than in a manner for the benefit of his employees or customers.
Henry Ford (pictured c. 1919), founded and led the company, presiding over it during two tenures, 1906–1919 and 1943–1945. The Ford Motor Company is an American automaker, the world's fifth largest based on worldwide vehicle sales.
William Clay Ford Jr., great-grandson of Henry Ford (and better known by his nickname "Bill"), was appointed executive chairman in 1998, and also became chief executive officer of the company in 2001, with the departure of Jacques Nasser, becoming the first member of the Ford family to head the company since the retirement of his uncle, Henry ...
The Ford Motor Company of Canada is a wholly owned subsidiary of Ford Motor Company, [3] although it once had its own distinct group of shareholders. [4] At its formation, Ford Motor Company was not a shareholder of Ford Canada, but its twelve founding shareholders directly held 51% of Ford Canada's shares, and Henry Ford himself owned 13% of the new company. [2]
In December 1928 Ford (since 1924 entirely owned by Henry Ford, his wife and their son Edsel) announced in London that it had formed a new company, Ford Motor Company Limited, [11] with three US directors (Henry Ford, Edsel Ford, Charles E. Sorensen) and four British directors (Sir Percy Perry, Roland Kitson, Sir John T Davies and Lord ...
Michigan (/ ˈ m ɪ ʃ ɪ ɡ ən / ⓘ MISH-ig-ən) is a state in the Great Lakes region of the Upper Midwest region of the United States.It borders Wisconsin to the southwest in the Upper Peninsula, and Indiana and Ohio to the south in the Lower Peninsula; it is also connected by Lakes Superior, Michigan, Huron, and Erie to Minnesota and Illinois, and the Canadian province of Ontario.
The promise of cheap hydropower was the chief reason why Henry Ford agreed to build a plant in Saint Paul. The Ford Dam was initially completed in 1917, making it one of the oldest on the river. However, hydroelectric power required a rather large dam, which meant that the first lock and dam built on the Mississippi would have to be demolished.
The Henry Ford Company was an automobile manufacturer active from 1901 to 1902. Named after Henry Ford, it was his second company after the Detroit Automobile Company, which had been founded in 1899. The Henry Ford Company was founded November 1901 from the reorganization of the Detroit Automobile Company. [1]