indeed
One of William A. Schaum's schemes
"Schaum produced 16 runabouts, equipped with a one cylinder engines operated with a chain drive. Probably the most interesting feature of Schaum’s runanbout was that the vehicle were not equipped with brakes. More interesting, yet never explained was Schaum’s claim that the runabout would be able to stop without brakes!. By 1903 Schaum would close his business and move out of town leaving behind many angry customer and investors."
