I’m too busy with courseware to do a proper tech piece, which wouldn’t get read by humans anyway. This little trivium will have to do.
JL Hudson was not the founder of Hudson Motors. He was the biggest investor in the new enterprise, so the founders named the company after him. He got involved because one of his nieces was married to Roscoe Jackson, the third of the three founders. Another niece married Edsel Ford, forming a cousinish tie between the two companies. There are several pictures of the founders with Henry. Roy Chapin was playing tennis with Edsel in 1936 when he caught cold and later died.
JL’s generosity wasn’t purely toward family. Along with founding his eponymous department store chain, he was on the boards of several banks. One of those banks failed in the Stock Crime of 1893.
JL paid back the depositors from his own money.
Can you imagine a modern billionaire doing that? The question itself is blasphemous.
Polistra's Mill 