In 1906, David Parry gained control of the Overland Company, and thus officially got into the auto business. By 1908, he sold the company to John North Willys, since Parry had lost everything, including his house, in the Panic of 1907.Kimes, Beverly Rae. Standard Catalog of American Cars: 1805-1942 (Iola, WI: Krause Publications, 1996), p.1094.
