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@audubonballroon@mastodon.social

2026-07-30 15:34 UTC

The minority shareholders objected to this strategy, demanding that Ford stop reducing his prices when they could barely fill orders for cars and that he continue paying out special dividends from the capital surplus in lieu of his proposed plant investments. Two brothers, John Francis Dodge and Horace Elgin Dodge, owned 10% of the company, among the largest shareholders next to Ford. Source: https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co. (7/7)

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