Contrary to what is often reported, there is no evidence that Harry "A" Chesler was ever an owner of this company or in any way a "pre-Quality" publisher. He is not mentioned anywhere in Feature Funnies #1 or #2, and the earliest available statement of ownership (from #16) lists Everett M. Arnold, Frank J. Markey, Henry P. Martin, Jr. and Frank J. Murphy as co-owners.
Above information assembled by Henry Andrews from his collection and information at www.goldenagecomics.co.uk and www.bipcomics.com.