Rensselaer Journal, Volume 11, Number 22, Rensselaer, Jasper County, 7 November 1901 — Schoens Leave Car Company. [ARTICLE]

Schoens Leave Car Company.

Pittsburg dispatch: Chas. T. Schoen, founder of the Schoen Pressed Steel company and organizer of the Pressed Steel Car company, together with his son, E. A. Schoen, second vice president, have resigned from the directorate of the Steel Car company and disposeu of most of their holdings of the company’s securities. W. H. Schoen will remain as first vice president. Charles T. Schoen will devote his time to the new $5,000,000 company, which he is launching with Charles M. Schwab and others to manufacture rolled steel car wheels.