Project Scroll Research Note 2026-52: The death of Albert R. Erskine on 1 July 1933 and the Studebaker reorganization of 28 January 1935

Two dates in the Studebaker Corporation's crisis are settled by the wire reports of the day. Albert R. Erskine, the company's president, who had seen it placed in receivership on 18 March 1933, shot himself at his home in South Bend on the morning of 1 July 1933; the United Press report datelined South Bend, July 1, says he shot himself "today," "sometime between 9 and 10 this morning." Some modern accounts give 30 June. The company's reorganization was approved by Federal Judge Thomas W. Slick at Fort Wayne late on 28 January 1935, by the Associated Press report of the next day, with $5,500,000 of new money from three New York investment houses and one in Chicago, and with Harold S. Vance as chairman and Paul G. Hoffman as president. Project Scroll Research Note 2026-52, version 1. The note sets out the record quoted, where it is held, what it changes, its limits, and what was searched before calling it new. Web version: projectscroll.com/discoveries/notes/2026-52/.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2026-11-05
DOI
https://doi.org/10.5281/zenodo.23968739
Primary Topic
Corporate Insolvency and Governance
Type
article
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Project Scroll Research Note 2026-52: The death of Albert R. Erskine on 1 July 1933 and the Studebaker reorganization of 28 January 1935

Michael Urbanski
Zenodo (CERN European Organization for Nuclear Research)
Corporate Insolvency and Governance
article

Project Scroll Research Note 2026-52: The death of Albert R. Erskine on 1 July 1933 and the Studebaker reorganization of 28 January 1935

Michael Urbanski
article en

Abstract

Two dates in the Studebaker Corporation's crisis are settled by the wire reports of the day. Albert R. Erskine, the company's president, who had seen it placed in receivership on 18 March 1933, shot himself at his home in South Bend on the morning of 1 July 1933; the United Press report datelined South Bend, July 1, says he shot himself "today," "sometime between 9 and 10 this morning." Some modern accounts give 30 June. The company's reorganization was approved by Federal Judge Thomas W. Slick at Fort Wayne late on 28 January 1935, by the Associated Press report of the next day, with $5,500,000 of new money from three New York investment houses and one in Chicago, and with Harold S. Vance as chairman and Paul G. Hoffman as president. Project Scroll Research Note 2026-52, version 1. The note sets out the record quoted, where it is held, what it changes, its limits, and what was searched before calling it new. Web version: projectscroll.com/discoveries/notes/2026-52/.

Zenodo (CERN European Organization for Nuclear Research)
Openalex Percentile: Top 5%
Corporate Insolvency and Governance
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