Receiver Appointed for L. W. F.
The L. W. F. Engineering Co., College Point, Long Island, N. Y., the largest aircraft manufacturing plant in the United States, went into the hands of a receiver on December 3. The receivership, according to a statement authorized by Ernest Whitbeck, the receiver, is the result of the failure of the government to recognize its responsibility to the aircraft industry by permitting the dumping of foreign surplus equipment, by delaying enactment of an aerial code which would have accelerated commercial aeronautics, and by its inability to place orders for new equipment for the national defense which the Air Service needs.