Alexander Malcomson along with Henry Ford were the two primary stockholders in Ford Motor Company. Malcomson was responsible for helping Henry Ford start his third attempt at a car company, Ford Motor Company, with an initial investment of $7,000. Malcomson was also responsible for bringing most of the other initial investors to provide capital for the fledgling company.
He is also credited (or discredited) with forcing Henry Ford to build large cars (Model B and K). In late 1905 he started a competing car company, Aerocar, and in July 1906 Henry Ford bought his shares in Ford Motor Company for $175,000. Malcomson is also mentioned as the reason Ford and other investors began Ford Manufacturing Company as a way to force him (Malcomson) out of Ford Motor Company by siphoning off profits.
By the summer of 1908 Aerocar failed, and Malcomson returned to operating his coal business.
Alexander Malcomson passed away in August, 1923, at the age of 59:
The following surprised me:
I would never have thought the Malcomson family would ask Henry Ford to be an honorary paulbearer, and even more surprised that Henry Ford would accept.
Pall bearer, not paulbearer. More coffee please......
Polar bear, paul bearer, pall bearer.... get 6 intellegent people, instruct them to face the hearse and to take hold of the casket handle as the casket is withdrawn, and you'll have people in various positions, none of which is correct.... ok, maybe one will listen. LOL
Pall bearer originally referred to the persons placing the church cloth on the casket, a symbol of equality in death.
Need more coffee too !