Henry M. Leland was brought in by the investors, which caused Henry Ford to leave in 1902, taking his name and 900 dollars; he went on to start the Ford Motor Company in 1903.
Henry M. Leland was brought in by the investors to appraise the plant and equipment prior to selling them. In a final settlement Henry Ford left in 1902, taking his name and 900 dollars; he went on to start the Ford Motor Company in 1903.