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In the 1920's Lester Hendershot, in working on a new type of aviation
compass, stumbled across a method of generating energy. The "Hendershot
magnetic motor" made headlines and attracted such big name investors as
Charles Lindberg. Hendershot ran into political difficulties in promoting
his device, attempted to take his business to Mexico, and finally faded
into obscurity having taken a "couldn't refuse" payoff to never work on
his device again.
| 13 years ago. Rating: 3 | |
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