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Elvis Presley — Part 6
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D. BEECHER SMITH, Attorney, 1 Coamerce Square,
Memphis, Tennessee, advised that be bad been in receipt
of a Dun and Bradstreet report relative to Air Cargo Express,
Inc., with a business address of 1750 Northwest 69th Avenue,
Miami. The report reflects the company was started in 1976
with 10 employees and on April 15, 1976, FREDERICK PRO, Presiaent,
deferred financial information. The officers were identified
as FREDERICK PRO, President; CHESTER HORTON, Secretary and
Treasurer; and RAY SMITH, Vice President. ‘The business was -
incorporated in Florida in January, 1976.
; PRO, born in 1926, is divorced. His background,
according to the report, is that be graduated from Temple
University, obtaining a degree in Industrial Engineering
and a Master's degree in Flectronic Engineering. After
military service, he was with RCA antil 1958, was Vice
President and General Manager of Budd Electronics during
1963, and in 1970 he was Vice Presicent for the Railway
Division of Budd Company. He spearheaded the Metroliner
k City, Wasnington, —. C.) Trailing Program. Se
also received the 1964 Paris urget Air Award for Nev
Concepts. He also-served as consultant to a gover mental
agency for Futuristic Electronic Transportation Exploitations.
In 1972, as Investor and Chairman of the Board of Parker Gest
Corporation, Boynton Beach, orida, be set ep this as a
Bolding company owned by local aod foreign investors. in
rapid succession, Parker West Corporation purchased the
assets of Glaessic Industries, Inc., changed the sane to
Glassic Motors, Inc., manufacturing antique replicas, and
be purchased assets ot Electronic Systems Division of Dynanics
Corporation of America, which he changed to Rel-Reeves, Inc.
This organization manufactured record retrieval equipment.
Be eet ap Romulus Motor Car Company, Inc.,
manufacturing automobile replicas. Se set up Interpole
Communications, Inc., Precision Electronics Corporation,
and Glassic Marketing, Ipc., which goon merged into one
er another of the above outlined corporations. On July 32, _
1975, Parker West Corporation and its three subsidiaries, « ~’
Glassic Motors, Inc., Rel-Reeves, Inc., and Romulus Motor .
Car Company, Inc., filed voluntary petition for arrangement
ander Chapter XI, U. 8. District Court, Miami. This is
ao
22
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