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This profile was last updated on 4/14/06  and contains information from public web pages.

Horace H. Rackham

Wrong Horace H. Rackham?
 
Background

Employment History

Board Memberships and Affiliations

67 Total References
Web References
PERMANENT - Quotes
www.permanent.com, 14 April 2006 [cached]
-- Advice of President of Michigan Savings Bank to Horace Rackham, lawyer for
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(Rackham ignored the advice and invested $5000 in Ford stock, selling it later for $12.5 million)
Crain's Detroit Business
www.crainsdetroit.com, 16 Feb 2005 [cached]
It starts with Horace H. Rackham, a Detroit attorney, sitting down with his personal financial adviser (the president of the Michigan Savings Bank) to discuss an idea that Henry Ford, one of Rackham's clients, had for a commercially viable horseless carriage.
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In his notes from the meeting, Rackham recorded him as saying, "The horse is here to stay, but the automobile is only a novelty - a fad."
Horace Rackham invested $5,000 in Henry Ford's fledgling Ford Motor Company.When he finally divested himself of his Ford shares in 1919, Rackham realized a profit of some $12.5 million.
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Rackham used a considerable part of that wealth to benefit local civic groups, local education and local charities.
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By their actions, Mary and Horace Rackham helped to perpetuate a tradition that traces its roots back to the time of Judge Augustus Woodward and his vision for Detroit.
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I cannot stand before you today without thinking of Judge Woodward, and Horace Rackham, and the Hudson family, which has done so much for Detroit and continues to do so much through the good works of Gil and Joe Hudson.
Golf Professionals - Detroit Golf Club
detroitgolfclub.org, 5 Mar 2015 [cached]
Theirs was a life-long friendship, and Rackham was instrumental in Ross' appointment as head professional at the Golf Club and later providing Alex with a trust fund in his will.
Affordable rates available at Donald Ross-designed course
mich.stage.advance.net, 11 April 2001 [cached]
Thanks to Henry Ford's attorney , Horace Rackham , the average golfer can play a Donald Ross course in the Detroit area , and thanks to the City of Detroit and American Golf Corp. , he or she can play it at an affordable price.
Rackham was a member of the Detroit Golf Club when it hired Ross to design two courses.
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Rackham then hired Ross to design a course on 10 Mile Road in Huntington Woods.
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Rackham , where Joe Louis used to play and which hosted U.S. Public Links Championships in 1940 and 1961 , can be played for $ 24 during the week and $ 30 on weekends.
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This is probably one of the only Donald Ross courses that you can play in this area because he didn't do many public golf courses , said Jason Chamberlain , the assistant general manager at Rackham.
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Ross did design Rogell Municipal Golf Course in Detroit , but it does not have the quality of Rackham.
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The greens fees at Rackham for the 2001 season will be the same as they were a year ago.
MBS Books Newsstand
www.mbsbooks.com, 1 July 2001 [cached]
- President of the Michigan Savings Bank advising Henry Ford's lawyer, Horace Rackham, not to invest in the Ford Motor Company, 1903.
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