James T. Roche

Vice President of Albright Locomobile. The 2015 Albright Locomobile Company valuation in 1917 is worth in today’s dollars $300 million. Headquartered in Bridgeport, Connecticut The 1904 five-passenger touring sold at the time for $4,500 ($117,000.00 today).  In 1905 Locomobile entered cars in Auto racing. It was in 1908 they won the Vanderbilt Cup (1).

www.grandprixhistory.org describes how auto experts referred it as “the Mona Lisa of American historic automobiles,” the Locomobile was aptly named as it was built as strong as any locomotive. It had a reputation as one of the finest and most carefully built cars ever manufactured in the United States. It was also one of the most luxurious and most prestigious — and the most expensive. Everything about the Locomobile bespoke elegance. Its massive body gleamed with innumerable layers of paint, each hand-rubbed to a gleaming finish. The owner of a 1918 touring car, when asked if she did not fear that her car might be irreparably damaged in a collision on the highway, said loftily, “Oh, it’s the other car you should be concerned about, not the Locomobile.”

1. http://simple.wikipedia.org/wiki/Locomobile_Company_of_America

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