Blood In The Boardroom, Part Three

Blood In The Boardroom, Part Three

Forrest Keeton’s plans for transforming the moribund Keeton Company

imagesinto a taxicab manufacturing enterprise in 1923 were stillborn resultant of an inability to attract investors. However, at the very least Keeton had proven to be tenacious as well as persistent as he had initially founded the Keeton Town Car Works in Detroit, Michigan for the manufacture of taxicabs in 1908.

Resultant of under capitalization, Keeton entered into a limited partnership with Jewel Motor Car Company of Massillion, Ohio for the manufacture of the taxi he had designed. Production of the Jewell-Keeton taxi had barely commenced when Herbert A. Croxton, the primary financial backer for Jewell, reorganized the company as Croxton-Keeton Motor Car Company. (more…)