This Day in Auto History: 5.8.1899 The Olds Motor Works is incorporated for $500,000, acquiring the assets of the Olds Motor Vehicle Company and the Olds Gasoline Engine Works with Samuel L. Smith as President, Ransom E. Olds as Vice President and General Manager, and Frederick L. Smith as Secretary and Treasurer 5.8.1924 Racer Abram Joseph “A.J.” Watson is born in Mansfield, OH 5.8.1940 William R. Mitchell, Executive Vice President of the National Acme Company and an employee of that firm for 42 years, dies in Cleveland Heights, OH at age 62 5.8.1956 The Curtiss-Wright Corporation offers a “Joint Program” to the directors of the Studebaker-Packard Corporation 5.8.1959 Charles E. Hering of the White Motor Company dies at age 47
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