Saturday 15th July 1893
Born on this day, Morris Markin, Russian-born American businessman who founded the Checker Cab Manufacturing Company (which would later become the Checker Motors Corporation). In 1921, Markin entered the automobile business when he collected an auto body manufacturing company from an engineer named Lomberg. Markin had loaned fifteen-thousand-dollars to Lomberg earlier in an effort to keep the company afloat. When it failed, Lomberg returned to Markin to ask for more money. Markin refused and took over the company for his debt. He then picked up a failed automobile manufacturer, Commonwealth Motors, and with it the accountant, Ralph E. Oakland. Then, in a bold move, Markin purchased the defunct Handley-Knight chassis plant and the Dort body plant in Kalamazoo, Michigan. He moved his entire operation to Kalamazoo and on February 2, 1922 formed the Checker Cab Manufacturing Company.
In 1929, he purchased the Yellow Cab Company from John Hertz.