Lear William Bill (1 results)
Language: English
Published by Santa Ana, California 1967
- Signed
- Manuscript
Seller: Legends In History, Meadow Vista, CA, U.S.A.Legends In History
Contact seller5-star sellerCondition: Used - Fine
US$ 1,894.98
US$ 10.50 shippingShips within U.S.A.Quantity: 1 available
No Binding. Condition: Fine. Typed letter signed "Wm P Lear" in black ink. Letter is dated August 7, 1967, is on company letterhead and measures 8.5" X 11.0" in size. It has normal mailing folds and is in fine condition. Letter states 'Dear Mr. Firca / Congratulations on your / interesting hobby of collecting autographs. I hope…you will be / successful in amassing a large and varied collection that will be ' a source of satisfaction and pleasure for you. / Very truly yours, / (signed) Wm P Lear / Wm. P. Lear, Sr. / President". William P. Lear, (born June 26, 1902, Hannibal, Mo., U.S.—died May 14, 1978, Reno, Nev.), self-taught American electrical engineer and industrialist whose Lear Jet Corporation was the first mass-manufacturer of business jet aircraft in the world. Lear also developed the automobile radio, the eight-track stereo tape player for automobiles, and the miniature automatic pilot for aircraft. The child of immigrant parents and a broken home, Lear said that at the age of 12 he had worked out a blueprint of his life, based upon profiting by inventing what people wanted. He held some 150 patents at his death. After completing eighth grade, Lear quit school to become a mechanic and at the age of 16 joined the navy, lying about his age. During World War I, Lear studied radio and after his discharge designed the first practicable auto radio. Failing to secure the financial backing to produce the radio himself, Lear sold the radio to the Motorola Company in 1924. In 1934 he designed a universal radio amplifier (i.e., one that would work with any radio.) The Radio Corporation of America purchased the plans, giving Lear the capital he needed to expand his operations. He founded the Lear Avia Corporation in 1934 to make radio and navigational devices for aircraft. In 1939 he founded Lear, Inc. By 1939 more than half the private airplanes in the United States were using Lear radio and navigational equipment. In World War II, the company manufactured cowl-flap motors and other precision devices for Allied aircraft. After World War II, Lear, Inc. introduced a new, miniaturized autopilot that could be used on small fighter aircraft. Between 1950 and 1962 the sales of Lear, Inc., rose to $90,000,000. New plants were added in the Midwest and on both coasts, and the company embarked on the manufacture of stereophonic sound systems and miniature communications satellites. Lear himself wanted to expand into low-priced, small jet aircraft for businessmen. When his board of directors would not approve the expenditure, Lear sold his share of the company and formed Lear Jet, Inc., Wichita, Kan., which produced its first compact jet in 1963. The new company's jets became among the world's most popular private jet aircraft. Lear sold his interest in the corporation in 1967 and formed Lear Motors Corporation (1967-69) to produce a steam car. Signed by Author(s).
