- Clement Studebaker, Jr.
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Clement Studebaker, Jr. (August 11, 1871 – December 3, 1932) was the son of Clement Studebaker (1831–1901) who, with his brother Henry, founded the business which became the Studebaker Corporation— the world's largest horse-drawn wagon manufacturer and the only one to successfully progress to gasoline-powered vehicles.[1] Clement Jr. held executive positions in the family's automobile business and later became the president and chairman of several other important companies.
Biography
Clement Studebaker, Jr. was born in South Bend, Indiana. In 1893 he married Alice Rhawn of Philadelphia. They had two children, Clement III (1894-1975), and Esther (1898-1989).[2]
According to historian Albert Russel Erskine, young Clement served an apprenticeship with Studebaker, working in several departments and rising to a board position.[3] He is elsewhere recorded as having been the E-M-F company's vice-president,[1] presumably after that company's take-over by Studebaker in 1910. By 1916, he had moved on to become president and chairman of the utility, North American Light and Power Company,[1] the precursor of the North American Company.
At various times, he also served as president and chairman of the board of the Illinois Power and Light Company (and of its subsidiary, the Illinois Traction Company), and of the South Bend Watch Company, as well as treasurer of the Chicago and South Bend Railroad.[1]
Clement Studebaker, Jr. died of heart complications in his Chicago home on December 3, 1932.[4] Two wills were found, the first of which left his two-million dollar estate to, among others, several colleges. The second will, which superseded the first, left his fortune to his two children.[5]
References
- ^ a b c d North American Light and Power Company 1916 - signed by Clement Studebaker, Scripophily.com
- ^ According to the genealogy at Conways of Ireland
- ^ Erskine A R History of the Studebaker Corporation (1918) at p 41 (Google Books reproduction)
- ^ Obituary, December ?, 1932 South Bend Tribune, South Bend, Indiana
- ^ The Pantagraph, Bloomington, Illinois
Studebaker (1852–1966) Vehicles • CategoryCars Avanti • Big Six • Champion • Commander • Conestoga • Cruiser • Daytona • Dictator • Electric car • Flight Hawk • Gran Turismo Hawk • Golden Hawk • Hawk • Power Hawk • Silver Hawk • Sky Hawk • Land Cruiser • Lark • Light Four • Light Six • President • Scotsman • Special Six • Speedster • Standard Six • Starlight • WagonaireTrucks History Associated tradenames Affiliated automotive brands People Clement Studebaker• John Studebaker • Frederick Samuel Fish • Walter Flanders • Albert Russel Erskine • Harold Sines Vance • Paul G Hoffman • Gordon Grundy • Raymond Loewy • Helen Dryden • Virgil Exner • Delmar "Barney" Roos • James J. Nance • Sherwood Egbert • Brooks StevensCategories:- American manufacturing businesspeople
- American people of German descent
- Studebaker
- People in the automobile industry
- People from South Bend, Indiana
- 1871 births
- 1932 deaths
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