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 one of the founders uf Hudson Motors. He was the biggest investor in the new enterprise, so they honored him by naming 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 quasi-genetic connection 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 the eponymous department store chain, he was on the boards of some banks in the 1890s. 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.
