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New Zealand Illustrated Sporting & Dramatic Review, Issue 1522, 26 June 1919, Page 29

Some weeks back the announcement was made in the Australian press that Henry Ford had announced his intention of later on marketing a motor car to sell at £5O in America. According to word now to hand I’tigation is promised as the result of the announcement by Mr. Edsel Ford that he and his father propose to withdraw from the Ford Motor Company and devote themselves to

the establishment of a new company for the production of a motor car to sell at £5O. Leading stockholders in the Ford Company declare that Ford’s genius belongs to them by contract, and therefore they are seeking an injunction against the formation of any company by him or his son in competition with them.