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Wikipedia: Franklin (automobile)
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History
The following section is an excerpt from Wikipedia's Franklin (automobile) page on 19 September 2019, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
The Franklin Automobile Company was a marketer of automobiles in the United States between 1902 and 1934 in Syracuse, New York. Herbert H. Franklin, the founder, began his career in the metal die casting business (in fact, he invented the term) before establishing his automobile enterprise. Controlled by Herbert H Franklin it had very few other significant shareholders. Franklin bought its vehicles from the H. H. Franklin Manufacturing Company which was only moderately profitable and frequently missed dividends on common stock.
The two major characteristics of their automobiles were their air-cooled engines and in the early years their lightness and responsiveness when compared with other luxury cars.
"In many years" H. H. Franklin Manufacturing Company "earned only a modest profit and frequently failed to pay dividends on common stock".
The Franklin companies suffered financial collapse in April 1934. Aside from his consequent retirement CEO Herbert Franklin's lifestyle was unaffected.
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1910 Seven-Passenger Touring Car The New York Times, December 12, 1909 View photo of 1910 Franklin Seven-Passenger Touring Car - 363KB |
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Franklin Touring Series 9 Hand Book of Automobiles, 1919 Edition View Franklin Touring Series 9 page of Hand Book of Automobiles, 1919 Edition - 437KB |
| Date | Article | Author/Source |
|---|---|---|
| 22 November 1908 | ARE BUILDING FINE GARAGE. | The Indianapolis Star |
| 11 April 1909 | Auto News From Near and Far: Franklin's Big Shipments. | The New York Times |
| 20 February 1910 | FRANKLIN AGENT ORIGINAL | Los Angeles Herald |
