AR:B4d1.8, P&E 232. "The Parabiographies": Walter S. Milnor, consultation (1914)

Text by William Gray Purcell

for 1914 Project Date (in Parabiography): January 30, 1914

Walter S. Milnor

Here we met the high pressure financing campaign for an automobile service organization. We tried a new but unsuccessful method of securing business, that is, we took a small amount of stock in the enterprise. In the next twenty years that investment more than paid the fee of our competitors who were employed to do to do the building. That company grew from a small shop to a large service business and finally to the largest in town. It blew up completely in 1923, Milnor having been squeezed out by fast working men who were interesting in financing and not in automobiles.