Death
In 1919, Henry Ford bought out the Dodge brothers' shareholdings in Ford Motor Company for $25 million. In January 1920, Horace's brother, John, died from the Spanish flu. He was interred in the family's Egyptian-style mausoleum in Detroit's Woodlawn Cemetery guarded by two Sphinx statues. Having also contracted the flu that December, Horace also died from complications resulting in pneumonia and cirrhosis of the liver at the age of 52. He was interred with his brother in the same mausoleum. His widow outlived him by fifty years.
In 1925, Horace and John Dodge's widows sold their automobile business to Dillon Read investment bankers for $146 million. Upon her death in 1970, Anna Thompson Dodge left a sum to the City of Detroit for the construction of the Horace E. Dodge and Son Memorial Fountain. The fountain was designed by sculptor Isamu Noguchi and opened in 1978 as part of the city's Hart Plaza. Horace E. Dodge, Jr. died in 1963 at age 63.
Read more about this topic: Horace Elgin Dodge
Famous quotes containing the word death:
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