Walter Perey Chrysler, 65-year-old automobile magnate, died here last night of cerebral haemorrhage.
Mr, Chrysler had been ill over two years. He was unconscious the last 24 hours of his life.
The automobile magnate's four children, Walter, Jr., Jack, Thelma and Bernice, and his sister Irene, were at his bedside when. he died at his estate at King's Point, Great Neck, Long Island, He first became ill of circulatory ailments on August 8, 1938. Funeral arrangements were not disclosed, but it was believed he would be interred in the family plot at the Sleepy Hollow Cemetery at Tarrytown, New York.
At Detroit, the former President of General Motors Company, Mr, William Knudsen, the head of President Roosevelt's defence committee, expressed deep serrer at Mr. Chrysler's death. "He was a great man and a great producer," Mr. Knudsen said.
In 1905, when Chrysler was 90 years old he visited the Chicago automobile show. The most dazzling exhibit was a huge white machine with. red Teather upholstery and brass head-Tamps. Tt cost $5,000 and although Chrysler possessed only $700, he was determined to own the machine, A banker—the only person who didn't thinle young Chrysler was far too ambitious—advanced the $4,300 Chrysler had the automobile shipped to his home th Oelwein, towa. When had satisfied his wife that the car was a good Investment, Chrysler Jocked the doors of his barn and took. the machine apart. Then he rebuilt the machine and incorporated his own Ideas for improving. it, tributed $48,000,000 in profits to. the treasury of the parent organization, General Motors.
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