Edsel Ford succeeds Henry Ford as president of the company.
On the same day, Henry Ford put a plan in place to buy out his investors and make himself, Clara Ford, and Edsel the sole owners of the business. Edsel’s interest in aesthetic automotive design brought a new dimension to Ford Motor Company, pushing the company to begin producing cars that were beautiful as well as practical. Edsel was also an extremely important art benefactor in Detroit, and one of the best-known paintings he commissioned was Diego Rivera’s Detroit Industry mural. His aesthetic legacy lives on in the original Lincoln Continental.