Albert Russel Erskine (January 24, 1871 – July 1, 1933) was an American businessman. Born in Huntsville, Alabama, he worked in a number of manufacturing industries before joining the Studebaker motor car manufacturing firm in 1911. He served as Studebaker's president from 1915 until the firm encountered severe financial problems in 1933, when he committed suicide.
During his long term as Studebaker's president, he encouraged the firm towards the production of small, sporty but economical cars on the European model, in particular the Erskine and Rockne series. He also published a history of the firm, in 1918.
His downfall lay in his failure to cut production and costs quickly in response to the slump of 1929 and 1930, which led to an insurmountable cashflow crisis. In 1930, he had declared a dividend of $7,800,000 which was five times the actual net profits of that year. In 1931, he paid a dividend of $3,500,000—also out of capital—a ruinous procedure which he unsuccessfully sought to correct through a merger with White Motor Company. :p 244 Working capital had fallen from $26 million in 1926 to $3.5 million in 1932 and the banks were owed $6 million, for which they demanded payment. Studebaker defaulted and went into receivership.
Suffering from heart trouble and diabetes, ousted from his position at Studebaker, himself $350,000 in debt and his Studebaker stock now all but worthless, Erskine committed suicide on June 30, 1933, by shooting himself in the heart in his home on the south side of South Bend. He is interred at the Maple Hill Cemetery in Huntsville. Hendry added: "According to one account, the insurance companies duly and promptly paid all his debts and provided for his dependants". p 244:
In addition to his business work, Erskine served on the Board of Trustees of the University of Notre Dame, where his son Albert, Jr. studied. The university awarded him an honorary LL.D. in 1924. He took a strong interest in college football (a later Studebaker brand, the Rockne, was named after Notre Dame's football coach of the time), and initiated the Albert Russel Erskine Award for the best team of the year. The winner was chosen by a panel whose methods are, in essence, still used to select the champion team. He was instrumental in a grant of $10,000 that the Studebaker Corporation made to Harvard University in 1926, to set up the Albert Russel Erskine Bureau for Street Traffic Research, which remained active through much of the 1930s.
Knute Kenneth Rockne was a Norwegian-American football player and coach at the University of Notre Dame.
South Bend is a city in, and the county seat of, St. Joseph County, Indiana, on the St. Joseph River near its southernmost bend, from which it derives its name. As of the 2010 census, the city had a total of 101,168 residents; its metropolitan statistical area had a population of 318,586 and its combined statistical area, 721,296. It is the fourth-largest city in Indiana, and is the economic and cultural hub of northern Indiana.
Studebaker was an American wagon and automobile manufacturer based in South Bend, Indiana. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the firm was originally a producer of wagons, buggies, carriages and harnesses.
Francis William Leahy was an American football player, coach, college athletics administrator, and professional sports executive. He served as the head football coach at Boston College from 1939 to 1940 and at the University of Notre Dame from 1941 to 1943 and again from 1946 to 1953, compiling a career college football record of 107–13–9. His winning percentage of .864 is the second best in NCAA Division I football history, trailing only that of fellow Notre Dame Fighting Irish coach, Knute Rockne, for whom Leahy played from 1928 to 1930. Leahy played on two Notre Dame teams that won national championships, in 1929 and 1930, and coached four more, in 1943, 1946, 1947, and 1949. Leahy was also the athletic director at Notre Dame from 1947 until 1949 when he passed the role to the Fighting Irish basketball coach, Moose Krause, so that he could focus on football coaching. Leahy served as the general manager for the Los Angeles Chargers of the American Football League (AFL) during their inaugural season in 1960. He was inducted into the College Football Hall of Fame as a coach in 1970.
Saint Mary's College is a private Catholic women's liberal arts college in Notre Dame, Indiana. Founded in 1844 by the Sisters of the Holy Cross, the name of the school refers to the Blessed Virgin Mary.
The Rockne was an American automobile brand produced by the Studebaker Corporation of South Bend, Indiana, from 1932 to 1933. The brand was named for University of Notre Dame football coach Knute Rockne.
The Studebaker President was the premier automobile model manufactured by the Studebaker Corporation of South Bend, Indiana (US) from 1926-1942. The nameplate was reintroduced in 1955 and used until the end of the 1958 model when the name was retired.
Notre Dame Stadium is an outdoor football stadium in Notre Dame, Indiana, the home field of the University of Notre Dame Fighting Irish. Located on the university's campus, it also hosts commencement.
Sherwood Harry Egbert, was a former U.S. marine. He served as president of the Studebaker-Packard Corporation and Studebaker Corporation from February 1, 1961 to November 24, 1963.
The Erskine was an American automobile brand produced by the Studebaker Corporation of South Bend, Indiana, United States, from 1926 to 1930. The marque was named after Albert Russel Erskine (1871–1933), Studebaker's president at the time.
Thomas John Lieb was an American Olympic track and field athlete, an All-American college football player and a multi-sport collegiate coach. Lieb was a Minnesota native and an alumnus of the University of Notre Dame, where he played college football. He was best known as the head coach of the Loyola Marymount University and University of Florida football teams.
Francis F. Carideo was an American football player and coach of football and basketball. He played quarterback at the University of Notre Dame from 1928 to 1930, where he was a two-time All-American. Carideo served as the head football coach at the University of Missouri from 1932 to 1934, compiling a record of 2–23–2. He was also the head basketball coach at Mississippi State University from 1935 to 1939, tallying a mark of 43–39. Carideo was inducted into the College Football Hall of Fame as a player in 1954.
Harold Sines Vance was an American automobile company executive and government official, notable for being chairman (1935–54) and president (1948-54) of the Studebaker Corporation and for a four-year term on the Atomic Energy Commission, where he encouraged the industrial use of nuclear energy.
Clement Studebaker Jr. was an American businessman and the son of wagon, carriage and automobile manufacturer Clement Studebaker. He held executive positions in the family's automobile business, Studebaker Corporation, and later became the president and chairman of several other important companies.
Albert J. Gebert was an American football player and coach. He served as the 16th head football coach at the University of Wichita—now known Wichita State University—in Wichita, Kansas and he held that position for 12 seasons, from 1930 until 1941. His record at Wichita was 68–40–6.
Donald Chester Grant was an American football player, coach and sportswriter.
The Piquette Avenue Industrial Historic District is a historic district located along Piquette Street in Detroit, Michigan, from Woodward Avenue on the west to Hastings Street on the east. The district extends approximately one block south of Piquette to Harper, and one block north to the Grand Trunk Western Railroad Line. It was listed on the National Register of Historic Places in 2004.
Frederick Samuel "Fred" Fish, born in Newark, New Jersey, was an American lawyer, politician and automotive manufacturing executive. Originally a successful corporation lawyer, he entered the Studebaker corporation through marriage and became the corporation's president in 1909 and chairman of the board from 1915 to 1935. He is credited with introducing the manufacture of Studebaker cars, first electric, then gasoline-powered.
The University of Notre Dame was founded on November 26, 1842 by Father Edward Sorin, CSC, who was also its first president, as an all-male institution on land donated by the Bishop of Vincennes. Today, many Holy Cross priests continue to work for the university, including as its president. Notre Dame rose to national prominence in the early 1900s for its Fighting Irish football team, especially under the guidance of the legendary coach Knute Rockne. Major improvements to the university occurred during the administration of Rev. Theodore Hesburgh between 1952 and 1987 as Hesburgh's administration greatly increased the university's resources, academic programs, and reputation and first enrolled women undergraduates in 1972.
Thomas Anthony "Kitty" Gorman was an American football player and coach. Gorman starred as a prep at St. Philip's in Chicago, Illinois. Gorman played center at University of Notre Dame on the freshman team in 1929 and on the varsity from 1930 to 1933. He was one of the team's two captains in 1933. During the 1933 season, Gorman's father wrote a letter to Notre Dame Vice President John Francis O'Hara, complaining that "[t]here is something radically wrong" with Hunk Anderson's coaching, blaming the younger Gorman for losses. Anderson was fired after the 1933 season, the school's first losing season since 1888.