They don’t make them ’em like this anymore. March 18,1933 – On this day in 1933, American automaker Studebaker, then heavily in debt, goes into receivership. The company’s president, Albert Erskine, resigned and later that year committed suicide. Studebaker eventually rebounded from its financial troubles, only to close its doors for the final time in 1966. Share this:EmailLinkedInTwitterPrintFacebookRedditTumblrPinterestPocketTelegramWhatsAppSkypeLike this:Like Loading... Related Author: Jim Bumgardner Jim's Toy Box features programming that is inspirational, uplifting and motivational all the while offering encouragement to those who wish to make the most of this life in preparation for the next. View all posts by Jim Bumgardner
March 18,1933 – On this day in 1933, American automaker Studebaker, then heavily in debt, goes into receivership. The company’s president, Albert Erskine, resigned and later that year committed suicide. Studebaker eventually rebounded from its financial troubles, only to close its doors for the final time in 1966.
Jim's Toy Box 