Word: kardex
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...genius who helped create the giant Sperry Rand Corp.; of cancer; in Freeport, Grand Bahama Island. "Go out and make a living!" Rand Sr., founder of the Rand Ledger Co., brusquely told his business-minded son in 1915. Rand proceeded to turn a borrowed $10,000 into the American Kardex Co., which marketed a filing cabinet he had invented, then in 1925 merged with his father's company, and in 1927 with the Remington Typewriter Co. The final merger, with the Sperry Corp. in 1955, resulted in Sperry Rand, a megafirm with annual sales of more than $1 billion...
...simpler. One of the first companies he worked for was his father's Rand Co., Inc., producer of card index systems. In 1915 he and his father disagreed. He left the company, borrowed $10,000 from Uncle George F. Rand of Marine Trust Co. in Buffalo, formed American Kardex Co., a direct competitor of Rand Co. Ten years later Father & Son Rand were reconciled. They agreed that American Kardex should buy Rand...
This deal gave Son Rand an urge to merge further. The same year he bought Index Visible, Inc. from Yale's Professor Irving Fisher. A few months later the new Rand Kardex Co. bought Library Bureau, Inc., maker of office furniture and library supplies. In 1926 the new Rand Kardex Bureau, Inc. sold $23,000,000 worth of office equipment, gathered profits of almost...
...confused with his brother, the late James Henry Rand, founder of the Rand Kardex Co. which was later merged (1927) to form Remington Rand, Inc., manufacturers of office equipment. Board chairman of Remington Rand, Inc. now is James Henry Rand Jr., cooperating cousin of Banker George Franklin Rand...
Directors of the Underwood Typewriter Co. last week asked their stockholders to meet Dec. 15 to approve merger with the Elliott-Fisher Co. (general office equipment) as the Underwood-Elliott-Fisher Co. The new corporation will match Remington Rand Inc. created last spring from Rand-Kardex (visible indexes), Baker-Vawter (filing cabinets) and Dalton Adding Machine (TIME, Feb. 28). It is possible that Underwood-Elliott-Fisher may round out their office equipment business by inducing Burroughs Adding Machines, International Business Machines and Yawman & Erbe (filing cabinets) to join them...