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TO DISSOLVE CHEVROLET CO.

American Government Special Collections Reference Desk

Topics:  Chevrolet

TO DISSOLVE CHEVROLET CO.

The New York Times
September 18, 1918


Meeting of Stockholders Called for Oct. 11 in Wilmington.

A meeting of stockholders of the Chevrolet Motor Company has been called for Oct. 11, to be held in Wilmington, Del., to approve a plan calling for the dissolution of the company and the distribution of its assets.  The present assets consist of 732,684 shares of common stock of the General Motors Corporation, and this will be distributed to Chevrolet stockholders on the basis of 1 1-7 shares of General Motors common stock for each share of Chevrolet Motor Company's stock now outstanding.

The plan calls for the dissolution only of the Delaware corporation, the various operating subsidiaries under the name of the Chevrolet Motor Company to be retained as going concerns.  They are the Chevrolet Motor Companies of New York, Michigan, Toledo, Bay City, Texas, St. Louis, Canada, and California.

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