Automobiles -- Starting devices; Carillon Historical Park (Dayton, Ohio); Deeds, E. A. (Edward Andrew), 1874-1960
When an ignition set was sent to Detroit, Leland shared Sweet’s
favorable impression. Negotiations for a contract now began by
correspondence. The great day came when Mr. and Mrs. Deeds and Kettering
went to Detroit for the signing of the contract. Leland was immensely
taken with the two eager, earnest young men who walked into his office
that autumn day in 1909. The deal was threshed out in a discussion that
lasted for some hours. Then a contract was signed for 5,000 ignition
sets.
Now developed something of a dilemma. Deeds and Kettering had no firm
name, in fact no formal business association at all. The contract
therefore was made out in Deeds’ name. Deeds and Kettering started off
from the Cadillac plant in a borrowed car. Soon after they got under way
it was discovered that the precious contract was in Kettering’s pocket.
Taking it out he said, “I don’t want the danged thing. You keep it.”
With this he handed it over to Deeds. Soon he left the car and Deeds
proceeded to the home of an old friend where Mrs. Deeds was anxiously
awaiting the outcome of the negotiations. In his full and fruitful life
Deeds was to know many precious hours. But no moment was sweeter than
when he handed the contract to his devoted companion of the years with
the words, “It’s signed.”
The Cadillac contract presented another problem for Deeds and Kettering
because they had no plant. Their original idea in uniting for the barn
project was to develop what Kettering called an “idea hatchery.”
Production had never been considered. The problem was soon solved. While
working during vacations for the Star Telephone Company of Ashland,
Ohio, Kettering had had some dealings with the Kellogg Switch-Board and
Supply Company of Chicago. He got in touch with them and they agreed to
manufacture the sets.
Deeds and Kettering now had a contract, a commercial product, and a firm
to make it. The next step was to organize a corporation with a striking
name. Deeds suggested The Dayton Laboratories and Engineering Company.
When Kettering asked Chryst what he thought of it, he got this reply:
“Not so good. Why don’t you change the words around and call it The
Dayton Engineering Laboratories Company?” This time Kettering was
unimpressed. But Chryst’s suggestion prevailed and the company was
incorporated July 22, 1909. Remembering the experience of the two small
Providence manufacturers, Deeds projected the company on a fifty-fifty
basis with a capital stock of $150,000, two-thirds of which was common
stock. The shares were equally divided between the two men. Each was a
joint owner with the other in all contracts and patents. Deeds became
President and Kettering Vice President. With incorporation, a modest
office was opened in the United Brethren Building on Main Street with a
staff consisting of one man who was clerk, bookkeeper, secretary, and
general factotum.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account