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The Keely Motor Fight

THE KEELY MOTOR FIGHT.


NYT - PHILADELPHIA, Sept. 12, 1888. - George B. Collier, one of the three Philadelphia Directors of the Keely Motor Company, as account of whose resignations was published to-day, said this afternoon that he believed the trouble between Inventor Keely and the New York Directors would be satisfactorily adjusted at the next meeting of the board, which is to be held on Sept. 25. In explaining his statement, Mr. Collier said: "While I have the greatest respect for those New-York gentlemen as men, as business men and members of the Keely Motor Company I do not think they acted properly. They did not treat Mr. Keely, the stockholders, or the Philadelphia Directors fairly. At the next meeting of the board the committee appointed to adjust the difficulty between Mr. Keely and the New-York Directors will have a conference with the antagonistic parties, and I think everything will then be fixed all right, not with standing the fact that the Board of Directors now almost entirely consists of New-Yorkers. I saw several of the Directors after their meeting on Tuesday, and I think they have or will soon come around to our way of thinking. They not only express a desire to be generous to Mr. Keely, but they appear to wish to treat him magnanimously." (The New York Times)

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Chronology

Created by admin. Last Modification: Monday May 31, 2010 03:56:38 MDT by admin.