The Detroit times., 1910-05-14
j. S. MOTOR co. TO
GET TWO PLANTS
Gobbles Gray Motor Co. and Deal
For Brush Is Nearly Closed
Builds Big Garage, Too.

Purchase of the Brush Runabout
Co., and. possibly. the Briscoe Manu-
| featuring Co.; the erection OF one ol
the largest garages In Detroit al
Woodward and Charlotte-aves,; the
building OF the worlds largest plant
for the manufacture of light CONNER
cial cars. and the absorption OF the
Gray Motor CO.. these are a few OF
tho deals involving Detroit properties
either closed or about to be closed by
the newly-organized United States
Motor Co.
The purchase of the entire capital
stock of the Gray Motor Co., was an
nounced Friday. Immediately after
wards, Frank Briscoe, president OF
the Brush Runabout Co.. and the Bris-
coe Manufacturing Co., left hurriedly
for New York on the Wolverine with
his grip packed full OF Brush Run
about stock, valued at more than
$1,000,000 The obvious purpose OF
his trip was To close the deal for the
sale OF the Brush to the United States
Motor Co., which has been pending for
weeks Announcement of the details
is expected hourly.
IL is rumored that Mr.. Briscoe also
carried with him the stock OF the
Briscoe Manufacturing Co., but this
has not been confirmed.
Il is understood that the Brush sale
will be made on the basis OF about
2 l-2 to |, holders OF the s250.000 Of
Brush common receiving about $685.
900 Of United States Motor Co. COM
mon, while the holders OF the Brush
preferred, amounting to $3.50, 900, Will
get an even exchange In United
States Motor Co. preferred, which
pays per cent.--
Frank Briscoe is expected to return
to the city. Monday. With him will
come Benjamin Briscoe. president OF
the United States Motor Co., and
other officials Of the latter concern,
for the purpose of effectlng a re-or-
ganization of the Gray Motor Co. and
transacting other important business.
The erection of the garage at Wood
ward and Charlotte-ayes., TO which
reference has been made. is conting-
ent on the closing of a deal for the
purchase of the land at the southwest
corner from the X. Richie estate, OF
Chicago. The negotiations have been
on for several weeks, through Homer
Warren & Co., and IL Is expected that
the final details will be completed dur
ing the afternoon. Alex. Mcleod of
the Maxwell Briscoe-McLeod Co.,
local agents for the United States
Motor Co, represents the latter In the
transaction.
The property in question has a
frontage OF 80 feet on Woodward and
is 1877 feet deep. The deal has been
SO far closed that the house Is being
dismantled. Until recently 1t was oc-
cupied as boarding house. The
United States Motor Co.'S garage
plans are elaborate and in keeping
with the magnitude of its other OPP
erations in Detroit. The garage will
be occupied by the Maxwell.Briscoe
and Columbia agencies and the Fire
stone Tire & Rubber TO-, now located
on Jefferson-ave.
With the purchase of the entire cap
ital stock OF the Gray Motor Co., CT
Detroit, announcement OF which was
made late Friday afternoon. the United
States Motor Co., which now controls
the Columbia and the well-Briscoe
negotiations for the purchase OF the
Brush in this city, enters the marine
motor field. The closing Of the deal
means another big plant for Detroit.
The company will begin building as
soon as negotiations now pending for
a site are completed.
o. ]. Milford, 1t Is announced, will
continue as the active head Of the
Gray Motor Co., the plant of which -
now located at Larned and Leib-sts.
He will also occupy a high place In
the councils OF the United States
Motor Co. Mr.. Milford has been the
directing genius OF the Gray Motor
Co. from the outset. 1t was he who
organized II four years ago and he
has occupied the position Of president
and general manager ever since. The
business has grown rapidly under his
management until the annual output
is now 1000 marine and stationary
gasoline engines. The concern is one
OF the largest manufacturers OF two
cycle marine engines In the world.
There Is a possibility that the COM
pany may later engage In the manu-
facture OF auto engines, but this Is
not probable, at least not for some
time, Mr.. Milford says.
While the terms of the sale are not
announced, It Is known that the stock
holders of the Gray Motor Co. realized
a good rrofit from the sale. The COM
pany is capitalized at $250.000. Those
most heavily interested, besides Mr..
Gray. are William Robins, of Walker,
vile; f. G. Hough, Plymouth, and
David Gray. Detroit.
Mr.. milford says that plans for the
new plant to be erected are nearly
complete and that the negotiations
for a site ure we'll under way. but he
Is not at liberty TO disclose the loca.
ton at this time.