Business & Finance: Fisher Brothers

Twenty years ago the Fisher brothers organized their motor car body business as a Michigan corporation. It prospered collaterally with the motor industry. Two years ago Fisher Body's net tangible assets were practically $90,000,000. General Motors, their chief customer, had by that time acquired three-fifths of their stock; the Fisher brothers owned most of the rest. Finally they traded all their holdings to General Motors for General Motors stock.

Now Charles T. Fisher is a G. M. vice president and director; so too, Fred J. Fisher. Lawrence P. Fisher is a director and president of the G. M.'s Cadillac division, William A....