I. R. Davies
I. R. Davies is treasurer and manager of The Ideal Tire and Rubber Company, the first large branch of the rubber industry to be located at Cleveland. It is an Ohio corporation, capitalized at $2,000,000. The company was organized and the campaign for sale of securities started in August, 1917, and by the end of that year the company had over 1,500 shareholders, had raised over $500,000. The company have a model factory in course of construction, so far carried out toward realization as to present every reasonable assurance that manufacturing operations will begin early in the year 1918.
The organization of The Ideal Tire and Rubber Company is an important step in a movement to give Cleveland, with its immensely superior natural advantages, its proper share of the great rubber industry. Fortunately for the company men of seasoned experience and expert ability have been attracted to its executive offices and directors. The superintendent of the factory is B. E. Frantz, formerly superintendent of another large rubber company in Ohio, and with an experience of twelve years in executive positions with some of the largest tire companies in the United States. The president of the company is Eli W. Cannell, who is a man of wide experience and president of The Provident Building & Loan Company.
Mr. I. R. Davies, who has head of the finance department, has already achieved a remarkable record in getting the financial organization of the company thoroughly and broadly founded, has had an extended experience of many years with the rubber and other manufacturing industries. He was born at Doylestown, Ohio, December 6, 1881, a son of I. Davies and Miriam (Thomas) Davies. His father died at Cleveland in September, 1917, and his mother still lives in this city. I. Davies was for twenty-fire years a steel worker, and had lived retired about four years before his death. He was a resident of Cleveland nearly thirty years.
I. R. Davies attended the common grammar school and the high school at Cleveland, also a commercial college, and began business as an accountant. For ten years he was in the employ of the United States Steel Corporation, and also had two years of banking experience. For four years he was employed in executive capacities with some of the large rubber industries and is a stockholder in both steel and rubber corporations, and an officer an director in two large rubber companies. Mr. Davies is affiliated with the Masonic Order, Knights of Pythias and a number of social and business organizations. He belongs to Rockton Lodge, Free and Accepted Masons, at Kent, Ohio, and Kent Chapter No. 192, Royal Arch Masons. He is a member of the Baptist Church.
At Cleveland, April 21, 1913, Mr. Davies married Mabel Reese, daughter of John Reese of Cleveland.
From Cleveland - Special Limited Edition, The Lewis Publishing Company, Chicago & New York, 1918 v.1