1950s American automobile culture
During the decade, many smaller manufacturers could not compete with the Big Three and either went out of business or merged. In 1954, American Motors was formed when Hudson merged with Nash-Kelvinator Corporation in a deal worth almost $200 million, the largest corporate merger in United States history at that time.
Jonz (automobile)
Promising huge potential profits, the company sold $900,000 worth of stock (over 22 million dollars in 2017 equivalent value) and produced a limited number of cars which were marketed as "The Jonz," named after the patented "Jonz 'Tranquil Motor'" developed by the three Jones brothers in Kansas. The American Automobile Manufacturing Company built the two-stroke engine American from 1911 to 1912 in New Albany.
The American Automobile Manufacturing Company was reincorporated as The American Automobile Corp. in Arizona on March 13, 1912 with a capitalization of $500,000. That corporation went bankrupt, and Kahler purchased its assets in June, 1912. In December, 1912, he reorganized the company with a capitalization of $450,000, changing the name to Ohio Falls Motor Company, largely to protect the assets of his woodworking business.