The BUNDY MANUFACTURING COMPANY was a 19th-century American
manufacturer of timekeeping devices that went through a series of
mergers, eventually becoming part of International Business Machines
then Simplex Time Recorder Company . The company was founded by the
Willard Legrand Bundy was born on 8 December 1845 in Otsego, New
York , and died on 19 January 1907. His family later moved to Auburn,
New York , where he worked as a jeweler and invented a time clock in
1888. He later obtained patents of many mechanical devices.
Harlow E. Bundy was born in 1856 in
Auburn, New York
Auburn, New York . He was a
graduate of Hamilton College . He died in 1916 in Pasadena, California
, after retiring from business in 1915.
* 1 Timeline
* 2 See also
* 3 Notes and references
* 4 Further reading
unknown: founding of Accurate Time Stamp Company.
unknown: founding of Chicago Time Register Company.
unknown: founding of Syracuse Time Recording Company.
1888: Willard L. Bundy invents the key recorder, applies it to time
keeping for his employees.
1888: Dr. Alexander Dey invents the dial time recorder.
1889: Harlow E. Bundy and Willard L. Bundy incorporate the Bundy
Manufacturing Company in
Binghamton, New York
Binghamton, New York , the first time
recording company in the world, to produce time clocks . The Bundy
Manufacturing Company begins with just eight employees and $150,000
1890: The Accurate Time Stamp Company (later renamed the Standard
Time Stamp Company)- A Complete Automatic Time-Dating Stamp.
1893: Alexander Dey and relatives form the Dey Patents Co., later
renamed the Dey Time Register Co of Syracuse, New York.
1894: Daniel M. Cooper patents the first card time recorder. The
Willard and Frick Manufacturing Company is organized to market
Cooper's invention under the trade name "Rochester".
George Winthrop Fairchild joins
Bundy Manufacturing Company as
both an investor and director.
1898: About 9,000 Bundy Time Recorders have been produced; advertised
as solving "vexatious questions of recording employee time".
1898: A New Time Register, manufactured by the Chicago Time Register
Bundy Manufacturing Company acquires the Standard Time Stamp
Company, manufacturers of a timestamp and a card recorder.
International Time Recording Company of New Jersey is
formed, a merger of the time recording business of Bundy Mfg., its
subsidiary the Standard Time Stamp Company, and Willard and Frick Mfg.
Bundy Mfg. continues to manufacture other products, such as the
Bundy Adding Machine (see 1905, 1910).
1901: ITR re-incorporates as a New York company.
1901: ITR acquires the Chicago Time Register Company, the first,
"Merritt", autograph time recorder company in the world, and a
manufacturer of key, card and autograph employee time recorders.
1903: The Bundy brothers have a falling-out, Willard L. Bundy moves
to Syracuse where he and his son form the W.H. Bundy Recording Company
- manufacturing a clock similar to the ITR manufactured clocks.
1905: The Bundy Adding Machine is patented (advertised 1904-06)
Bundy Manufacturing Company and ITR relocate from
Binghamton, New York
Binghamton, New York to side-by-side locations in
Endicott, New York
Endicott, New York .
1907: ITR acquires Dey Time Register Co. Manufacturing of dial time
recorders moved from Syracuse to Endicott. ITR's motto is
Safeguarding the Minute.
1907: Willard L. Bundy dies.
1908: ITR acquires the Syracuse Time Recording Co.
1910: "New York State Men: Biographic Studies and Character
Portraits", Frederick S. Hills (ed), states that Harlow Bundy still
holds the positions of treasurer and general manager of Bundy Mfg "now
being engaged in the manufacture of adding machines, the time
recording business having been merged in the International Time
Recording Co., of Endicott, in 1901".
1910/11: Willard L. Bundy's son forms the W.H. Bundy Time Card
Printing Co and is listed as the vice president of the Monitor Time
Clock Company, Syracuse New York.
Charles Ranlett Flint
Charles Ranlett Flint amalgamates (via stock acquisition)the
Bundy Manufacturing Company, ITR, the Tabulating Machine Company and
the Computing Scale Company into the new
Computing-Tabulating-Recording Company (CTR) holding company.
Fairchild is president of the new company and will later be chairman.
Harlow Bundy is vice-president of the new company. The individual
companies continue to operate using their established names.
1916: W.H. Bundy/Monitor firm sold to Simplex Time Recorder Company.
1924: CTR renamed
International Business Machines
International Business Machines
IBM dispenses with the holding company structure, offices are
consolidated and the subsidiary names, "Bundy", etc. are removed.
1935: Since 1907 or earlier ITR (now the
IBM Time Equipment Division)
had published a magazine, Time, for employees and customers that IBM
now renames THINK .
IBM and its predecessor companies made clocks and other time
recording products for 70 years, culminating in the 1958 sale of the
IBM Time Equipment Division to Simplex Time Recorder Company
George Winthrop Fairchild
NOTES AND REFERENCES
* ^ A B Bundy Museum of History and Art
* ^ Rootsweb
* ^ Annual Report of the Commissioner of Patents: For the Year
1891. U.S. Government Printing Office. 1892. p. 52.
* ^ Engelbourg (1954) p.27
American Machinist LXXXI No.12 (June 16, 1937) 481
* ^ Seward, William Foote (1924) Binghampton and Broome County, New
York: A History, Lewis Historical Publishing, II, 435
* ^ An Accurate Automatic Time Recorder, Scientific American
v.66.25 (June 18, 1892) p.386
* ^ Aswad (2005) p.11
* ^ The Manufacturer and Builder v22.1 March 1890
* ^ The Office, Volumes 10-12, Sept 1892
* ^ Engelbourg (1954) p.35-36
* ^ Kane, Joseph N., Famous First Facts, Wilson, 1950, p.457
* ^ International Dial Time Recorder Clock
* ^ "Machine Methods of Accounting, Section 1, IBM, 1930s
* ^ "The 'Rochester' System of Time Recording", Scientific
American, v.79.26 (December 24, 1898) p.404
* ^ Willard & Frick Manufacturing Company (1898). Rochester Time
Clocks. p. 6.
* ^ "George W. Fairchild".
IBM Archives > Exhibits > IBM's
chairmen. IBM. Retrieved February 14, 2014.
* ^ Aswad (2005) p.12
* ^ The Railway Age, Oct 7, 1898, p.743
* ^ Engelbourg (1954) p.33
* ^ Engineering Magazine v.16 Oct 1898-Mar 1899 p.43 (Google
* ^ Acts of the Legislature of West Virginia: The Accurate Time
Stamp Company change of name to The Standard Time Stamp Company, Feb
* ^ Moody's Manual of Corporation Securities, 1904, p.1439
* ^ Sobel, Robert (1981) IBM: Colossus in Transition, Times Books,
* ^ Commercial and Financial Chronicle, LXXXIV, No. 2171 (February
2, 1907), 274
* ^ Engelbourg (1954) p.35
IBM Archives: 1901.
* ^ A B C Oechsle & Boyce
* ^ Early Office Museum
* ^ Binghamton Press September 14, 1904 New Adding Machine of Bundy
* ^ Binghamton Press November 26, 1904 Description of Great Machine
* ^ Engelbourg (1954) p.40
* ^ This photo, labeled Bundy Adding Machine Co. and International
Time Recording Co., Endicott, N.Y. shows the two companies
side-by-side in Endicott. Bundy Adding Machine Co. is an error, it is
Bundy Manufacturing Company whose product is an adding machine.
* ^ Moody's Manual of Railroads and Corporation Securities, 1921,
* ^ A B Aswad (2005) p.18
* ^ Biography
* ^ Engelbourg (1954) p.36
* ^ Flint, Charles R. (1923). Memories of an Active Life: Men, and
Ships, and Sealing Wax. G.P. Putnam's Sons. p. 312.
* ^ Bennett, Frank P.; Company (17 June 1911). United States
Investor. 22, Part 2. p. 1298 (26).
* ^ Moody's Manual of Railroad and Corporation Securities, 1912,
* ^ For example, the last page of The Inventory Simplified,
published in 1923, identifies the publisher as "The Tabulating Machine
Company - Division of -
International Business Machines
International Business Machines Corporation.
* ^ Rodgers, Williams (1969). THINK. Stein and Day. p. 83.
* ^ New York Times, July 15, 1933 - Units of Business Machines Join
IBM Archives: Text of IBM\'s October 24, 1958 press release
announcing the sale of its time equipment (clocks, et al.) business to
Simplex Time Recorder Company.
* Aswad, Ed; Meredith, Suzanne M. (2005).
IBM in Endicott. Arcadia.
* Engelbourg, Saul (1954). International Business Machines: A
Business History (Ph.D.). Columbia University. p. 385. Reprinted by
Arno Press, 1976, from the best available copy. Some text is
* Oechsle, Russell G.; Boyce, Helen (2003). An Empire in Time,
Clocks and Clockmakers of Upstate New York. NAWCC. p. 185.
* Willard Bundy brief bio
* Harlow Bundy brief bio
* A Wonderful Clock
* The Bundy Museum of History