Malcomson, Alex Y. (Alexander Y.)
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Malcomson, Alex Y. (Alexander Y.)
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Malcomson, Alex Y. (Alexander Y.)
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Detroit's largest coal dealer, Malcomson became Henry Ford's partner in 1902. With Malcomson's money Ford bought machinery and material to develop a prototype of an automobile. This eventually became Ford Motor Company's first product. In 1906, after a dispute with Henry over the direction of the company, Malcomson sold his stock to Ford for $175,000.
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Coal trade