|Name:||Wilcox-Gay Corp.; Charlotte (MI) (USA)|
Wilcox-Gay Corp., Charlotte, Michigan.
Wilcox was just a little company in in Charlotte Michigan making radios and transcription recorders. They started out around 1910 manufacturing amateur radio components and kits at an office on West Lawrence Ave in Charlotte. In the 1926 they branched out into consumer radios. In 1931 Paul Gay joined the company forming Wilcox-Gay Corp. They moved into the old Bennett furniture factory and expanded into tape decks, reel-to-reel, televisions, police radios, and record players. They launched the Recordio in 1939 which was a major coup. It was advertised to the middle class in both Ebony and Life Magazine and it sold well. It recorded 78 rpm transcriptions with decent fidelity. Musicians recorded on these machines including Les Paul and Johnny Cash. In 1939 they sold 25,000 units. But the world was beginning to adopt magnetic tape and the great depression was hurting them.
In 1950 Leonard Ashbach of the Leonard Ashbach Company acquired a controlling interest in Wilcox-Gay. The Ashbach Company already owned Garod and Grundig. Simultaneously Ashbach was privately funding Jack Eigen, a WMGM host turned real estate developer opening social clubs on Manhattan. One of the first things Ashbach did was arrange for Wilcox-Gay to purchase Majestic Radio and television to fully merge the 3 companies he was heading. It was prudent and it consolidated a signifigant portion of American radio manufacturing. Ashbach dropped the Majestic brand and in 1955 modified the Grundig branding to be "Grundig-Majestic."
In 1960 they re-located to 743 LaSalle Street in Chicago. It was probably related to their 6 year saga trying to get out of bankruptcy. In 1961 they got up from under the SEC and promptly Ashbach changed the company's name from Wilcox-Gay Corp to Wilcox-Gay-Majestic Electronics Corp. But only 2 years later they declared bankruptcy again and this time were gone for good. Some sources put their closure as 1958 but magazine ads can easily be found to the 1960s more aligning with the 1961 chapter 7 filing with the SEC. But Ashbach wasn't done. After sinking Wilcox-Gay he moved to Encino California and got a job heading up Monarch Electronics in North Hollywood. There in 1967 he relaunched the Majestic brand to make 8-track cassette tapes. In 1969 their subsidiary Concertone started making those flimsy mini cassettes. But in 1973 the SEC spanked him again for fraud. The trail ends there.
|USA||56||Recordio 5F Series||3,75 & 7,5 ips.|
|USA||38/39||A-43 (A-45 chairside stand)||Portable Wall-Radio. Cabinet available in Walnut or Platinum Mahogany, Wall hanger is i...|
|USA||50||Recordio 9G42||12AT7||AC Operated Combination Phonograph-Recorder-Radio. AM-FM Superheterodyne Receiver. ...|
|USA||50||Recordio 9G40M||12AT7||AC Operated Combination Phonograph-Recorder-Radio AM-FM Superheterodyne Receiver ...|
|USA||50||Recordio 9H40B||12AT7||AC Operated Combination Phono-Radio AM-FM Superheterodyne Receiver. AM: 540-1620 kc&n...|
|USA||50||Recordio 9G10||12AT7||AC operated Combination Phonograph-Recorder-Radio, AM-FM Superheterodyne Receiver with ...|
|USA||36||A-15 [DC]||Wood with metal grille. See also model A-15 AC.|
|USA||39||unknown (wood & black lacquer trim) [black lacquer trim]||Wood with black lacquer trim.|
|USA||38||Wall Radio [painted metal]||Designed to hang on the wall. Painted metal.|
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