p. 25
During my hospitalization
at the U.S. Navy Hospital at Corona, California,
, haG ample time to let m\ minG ZorN on the
possibilities of the trailer rental industry and,
having an active imagination, I can say that
I fairly well laid the plans for the present
8+aXl 7railer 5ental 6\stem , GiG not ZorN
out the details of the organization, but I cer-
tainly saw the potentials of the one-way trailer
rental industry and formulated a plan of opera-
tion. Before I had been out of the Navy more
than tZo ZeeNs the first 8+aXl &o trailer
Zas a parNeG on a serYice station lot anG
being offered for rent. I was married to a
capable and educated woman, who was willing
to help and who had considerable ability in her
own right. My wife is the former Anna Mary
&art\ of 5iGgefielG, :ashington )or the first
six months things didn’t go well, for I made
nXmEer of mistaNes, EXt , ZoXlG sa\ that in
the first si[ months, in other ZorGs the last si[
months of , Ze GiG la\ the groXnG ZorN for
a trailer rental business, although we did not
maNe an\ mone\
7hose trailers Zere reall\ MXnNers, anG , haG
to pay a price of $100 to $150 each for them and
Zhen the\ Zent oXt to ZorN, the\ soon EleZ
tires and burnt out bearings and generally
gave a lot of grief. This went on while I spent
possibly $2,000 for trailers. While we were able
to rent trailers, and they earned a fair income,
the e[penses necessar\ to Neep them operating
ate up the earnings. This aptly illustrated why
people who had been manufacturing these trail-
ers and selling them had not been interested in
the trailer rental business.
%\ the fall of , Zas so Geep into the
trailer rental deal economically that it was
either maNe it or lose the Zhole thing , haG
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