The Archive · 1940

Huge Resources

In the summer of 1928, Chrysler Corporation acquired Dodge Brothers in one of the largest financial deals the history of the industry. The eal_was made one afternoon afler 5 o'clock. The next morning Chrysler men were running the Dodge plant.

'When the Chrysler organization was ten years old, its founder headed an enterprise with total resources. approximating $235,000,000. Capacity of lis factories was' 750,000 cars a year. In employees and dealers engaged the manufacturing and. selling of Claysier, Dodge, Plymouth and De Soto motor cars numbered approxlmately 60,000.

1935, he resigned as president of the Chrysler Corporation, but remained as chairman of the board, On June 2, 1901, Chrysler married Della V. Forker at Ellis, Kas. They had four children, Walter, Jr., Jack, Thelma (Mrs. Byron C. Foy) and Bernice (Mrs. Edgar "W. Garbis), Walter, Jr. entered the Chrysler

Text read from the printed page and cleaned; old type leaves the occasional error.

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