Word: cashing
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Dates: during 1920-1929
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...Dayton, Ohio, the National Cash Register Co. maintains a private museum. Here appear a vast array of cash registers, each with its neat descriptive sign. John Henry Patterson, developer of the company, who died in 1922, established this uniue museum years back. Into it he put old models of his own concern, and models from firms which it had absorbed or which had otherwise gone out of business. But cash registers made by successful competitors had no place in the display because, so say present N. C. R. salesmen, the National Cash Register never recognized competition, ignored it, sold...
Last week, again, another model (that made by the Remington Cash Register Co.) rights to which have been teetering in New York law courts since 1921, might have toppled into the N. C. R. collection, had the decision in contract law swung otherwise...
...Frederick F. Fuller, an inventor whose brain deals weirdly and intelligently with interlocking cog wheels, made a contract with the National Cash Register Co. For his $5,000 yearly salary he was to give to the company all inventions he developed during that year and during the year thereafter. At the end of the contract year he wanted his agreement renewed. An N. C. R. employing official refused but let him continue on the payroll under an assignment of invention rights annexed to, but not executed with, the 1909 agreement. A cash consideration was not made explicit. This arrangement endured...
This decision leaves the Remington Cash Register Co. relatively free to continue as chief and most aggressive competitor to the National Cash Register Co. Other related suits impend.** But the Remington people are going right ahead with their production and sales. Already $1,500,000 has been invested in developing and pushing the Fuller arrangement, of which some 58,000 have already been manufactured. Also 3,000 workmen of the Remington forces can keep their jobs...
...cash register was invented in 1879 by James Ritty, a Dayton, Ohio, saloonkeeper. He was bothered by his bartenders' sticky fingers lifting undue moneys from the till. On a trip to the old country he nosed around the ship's boiler room, noted the indicator that counted the propeller revolutions, bethought him of a machine full of cog wheels which his barkeeps would operate every time they slid a seidel of Extra Pale across the mahogany. His machine, when a proper key was depressed, clanged a bell and punched a hole in a roll of paper. On good business days...