Errett Lobban Cord
   HOME

TheInfoList



OR:

Errett Lobban "E. L." Cord (July 20, 1894 – January 2, 1974) was an American business executive. He was considered a leader in United States transport during the early and middle 20th century. Cord founded the Cord Corporation in 1929 as a holding company for over 150 companies he controlled, mostly in the field of transportation. The corporation controlled the Auburn Automobile Company, which built the Auburn and
Cord Cord or CORD may refer to: People * Alex Cord (1933–2021), American actor and writer * Chris Cord (born 1940), American racing driver * Errett Lobban Cord (1894–1974) American industrialist * Ronnie Cord (1943–1986), Brazilian singer * Co ...
automobiles; Lycoming Engines; Duesenberg Inc.;
New York Shipbuilding The New York Shipbuilding Corporation (or New York Ship for short) was an American shipbuilding company that operated from 1899 to 1968, ultimately completing more than 500 vessels for the U.S. Navy, the United States Merchant Marine, the United ...
; Checker Cab;
Stinson Aircraft Company The Stinson Aircraft Company was an aircraft manufacturing company in the United States between the 1920s and the 1950s. History The Stinson Aircraft Company was founded in Dayton, Ohio, in 1920 by aviator Edward “Eddie” Stinson, the b ...
; and American Airways (later
American Airlines American Airlines is a major airlines of the United States, major US-based airline headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex. It is the Largest airlines in the world, largest airline in the world when measured ...
), amongst other holdings. The Aircraft Development Division, (Erret L.) Cord Manufacturing Co., was instrumental in the development of the
Vultee V-1 The Vultee V-1 was a 1930s American single-engined airliner built by the Airplane Development Corporation, designed by Gerard Vultee and financed by automobile manufacturer Errett Cord. Design and development The prototype (designated the ...
airliner which spawned a series of airliners and military aircraft from the (Gerard Freebairn)
Vultee Aircraft The Vultee Aircraft Corporation became an independent company in 1939 in Los Angeles County, California. It had limited success before merging with the Consolidated Aircraft Corporation in 1943, to form the Consolidated Vultee Aircraft Corporatio ...
, Aviation Mfg Corp-AVCO. Born in
Warrensburg, Missouri Warrensburg is a city in and the county seat of Johnson County, Missouri, United States. The population was 20,313 at the 2020 census. The Warrensburg Micropolitan Statistical Area consists of Johnson County. The city is a college town as it is ...
, Cord had been a race car driver, mechanic and car salesman before he was offered the opportunity to manage the dying Auburn Automobile Company in 1924. By 1928 he controlled Auburn, which by 1931 was the 13th largest seller of autos in the United States. During 1934, he moved to England, reportedly because of kidnapping threats. He moved back to the United States in 1936, but then came under investigation by the Securities and Exchange Commission for his dealings in Checker Cab stock. In 1937 he sold the Cord Corporation to the
Aviation Corporation Aviation includes the activities surrounding mechanical flight and the aircraft industry. ''Aircraft'' includes airplane, fixed-wing and helicopter, rotary-wing types, morphable wings, wing-less lifting bodies, as well as aerostat, lighter- ...
and retired to
Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the List of municipalities in California, largest city in the U.S. state, state of California and the List of United States cities by population, sec ...
to earn even more millions in real estate. Cord owned several of the first
radio Radio is the technology of signaling and communicating using radio waves. Radio waves are electromagnetic waves of frequency between 30 hertz (Hz) and 300 gigahertz (GHz). They are generated by an electronic device called a transmi ...
and
television station A television station is a set of equipment managed by a business, organisation or other entity, such as an amateur television (ATV) operator, that transmits video content and audio content via radio waves directly from a transmitter on the eart ...
s in
California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the m ...
and later
Nevada Nevada ( ; ) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, ...
, where he moved in the 1940s. In the
call letters In broadcasting and radio communications, a call sign (also known as a call name or call letters—and historically as a call signal—or abbreviated as a call) is a unique identifier for a transmitter station. A call sign can be formally assigne ...
of his Los Angeles radio station, KFAC, the A.C. stands for Auburn Cord. In Reno, Cord established KCRL-TV and radio in the 1950s and operated it for more than 25 years. The 'CRL' in the station's call letters stood for "Circle L"—a ranch Cord owned in the Nevada desert. During the 1940s he filled in for a Nevada state legislator who died in the middle of his term and again rose to fame as a politician in his later life. In 1958 he was asked to run for
governor of Nevada A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political r ...
, but he refused and never explained why. He died in
Reno, Nevada Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada-California border, about north from Lake Tahoe, known as "The Biggest Little City in the World". Known for its casino and tourism industry, Reno is the ...
from
cancer Cancer is a group of diseases involving abnormal cell growth with the potential to invade or spread to other parts of the body. These contrast with benign tumors, which do not spread. Possible signs and symptoms include a lump, abnormal b ...
in 1974, aged 79.


Legacy

Cord established The E.L. Cord Foundation on December 4, 1962. After his passing, a substantial portion of his Estate was dedicated to the foundation to be used for the betterment and well being of mankind. The foundation established the E.L. Cord Museum School and funds several scholarships at the
Nevada Museum of Art The Nevada Museum of Art, is an art museum in Reno, Nevada. Located at 160 West Liberty Street in Reno, it is the only American Alliance of Museums (AAM) accredited art museum in the state of Nevada. The museum has chosen a thematic approach, placi ...
. Other grants in the field of education include the E.L. Cord Student Success Center and The E.L. Cord Foundation Center for Learning and Literacy at the
University of Nevada The University of Nevada, Reno (Nevada, the University of Nevada, or UNR) is a public land-grant research university in Reno, Nevada. It is the state's flagship public university and primary land grant institution. It was founded on October 12 ...
, scholarships at
Truckee Meadows Community College Truckee Meadows Community College (TMCC) is a public community college and technical college in the Truckee Meadows of Reno, Nevada. The college is primarily a commuter campus with 5 locations. TMCC offers students both certificate and associate ...
, and a
fellowship A fellow is a concept whose exact meaning depends on context. In learned or professional societies, it refers to a privileged member who is specially elected in recognition of their work and achievements. Within the context of higher education ...
at
Wichita State University Wichita State University (WSU) is a public research university in Wichita, Kansas, United States. It is governed by the Kansas Board of Regents. The university offers more than 60 undergraduate degree programs in more than 200 areas of study in ...
. A collection of Cord's autos is in
Auburn, Indiana Auburn is a city in DeKalb County, Indiana, United States. The population was 13,820 at the 2020 census. Founded in 1836 by Wesley Park (1811–1868), the city is the county seat of DeKalb County. Auburn is also known as Home of the Classics. Hi ...
, (1600 South Wayne Street) at the
Auburn Cord Duesenberg Automobile Museum The Auburn Cord Duesenberg Automobile Museum is an automobile museum located in Auburn, Indiana in the United States. Opened in 1974, it is dedicated to preserving cars built by Auburn Automobile, Cord Automobile, and Duesenberg Motors Company. ...
.


Popular culture

Gram Parsons Ingram Cecil Connor III (November 5, 1946 – September 19, 1973) who was known professionally as Gram Parsons, was an American singer, songwriter, guitarist, and pianist who recorded as a solo artist and with the International Submarine Band, ...
wrote a song about Cord called "The New Soft Shoe" that appeared on his first solo release, titled '' GP''.


References


External links


Cord Heritage
*
Auburn-Cord-Duesenberg Club Website

CordNet - Cord lore for the enthusiast

E.L. Cord residence in Beverly Hills


* {{DEFAULTSORT:Cord, Errett Lobban 1894 births 1974 deaths American Airlines people American manufacturing businesspeople American automotive pioneers Businesspeople in aviation Deaths from cancer in Nevada Duesenberg Members of the Nevada Assembly People from Auburn, Indiana People in the automobile industry 20th-century American politicians 20th-century American businesspeople Businesspeople from Indiana Businesspeople from Nevada Businesspeople from Missouri People from Warrensburg, Missouri