King Motor Car Co. Solvent Now.
The New York Times
December 15, 1922
DETROIT, Mich., Dec. 14.—The voluntary bankruptcy of the King Motor Car Company, effected in December, 1920, was ended in court today and the receiver was discharged. A dividend of 17 per cent. was declared. The property was purchased by C. A. Finnegan of Buffalo, N. Y., who is said to have paid $500,000 and to have assumed $1,000,000 debts.
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