and Corporation Directory listed their capital as $25,000. The same directory listed Lindeman & Sons' capital as $200,000. Henry Lindeman was struck and killed by an automobile April 14, 1920. The obituary in Presto described that at 81 he had still been "active and as interested in the product of his factory as when he was a young man." S. G. Lindeman succeeded him as president. United Piano Corp., Celco Corp.; S. G. Lindeman & Son In 1922 Lindeman & Sons, with a reported capacity 3,000 pianos per year and which still owned H. & S. G. Lindeman, were purchased from Wanamaker's, as was the much larger Emerson Piano Co. of Boston by J. H. Shale, treasurer of A. B. Chase of Chicago, and J. H. Williams, of the Knabe Warerooms, Inc, of Baltimore, who formed a holding company known as United Piano Corporation, of Norwalk Ohio, which was capitalized for $1,000,000 and which operated A. B. Chase, along with the two Lindeman firms and soon introduced the Celco reproducing player piano mechanism. In 1924 all of the divisions were moved to a 110,000 square foot factory in Norwalk, Ohio. J. H. Shale retired from the board in 1926, and sold his stock to father and son J. H. and E. S. Williams, giving them control of the firm. A petition for bankruptcy was filed against the firm soon afterwards by a group of suppliers at which time its liabilities where listed at about $300,000 and assets $100,000. Shale purchased the firm's assets and good will for $110,000 in 1927, and formed the Celco Corporation in New York., with headquarters in Norwalk and with himself as president, Earle D. Button treas, Walter A. Hall secretary. In mid 1928 the firm reorganized as the A. B. Chase-Emerson Corporation under the same management, citing that the Celco Corp. had been "formed hurriedly for temporary use". The same year the firm announced that they were adding a line of motorboats to their products. In early 1929 George G. Foster, formerly of Foster-Armstrong and founder of American Piano Company, became chairman of the board of A. B. Chase-Emerson That June, Lindeman & Sons reduced their capital from 2,000 shares of $100 par value to 100 shares no par. S. G. Lindeman & Son, Inc. were listed in the Presto-Times Directory of American Piano Manufacturers in 1928, still at 5th avenue and 140th street, New