(Adams P69)ġ908 GSRCo shareholder dividend payout $130,000 (Adams P76)ġ908 GSRCo year end cash reserves and surplus $900,000 (Adams P76)ġ909 Fourth foreign manufacturing facility established in Leicester England. Third foreign manufacturing facility established in Berlin Germany. (Adams P74)ġ907 GSRCo shareholder dividend payout $130,000 (Adams P76)ġ908 Newark New Jersey manufacturing factory up and running. (Adams P65)ġ907-04 KCGillette is president of Gillette Securities Company renamed from Inventions Security Co. GSRCo retains CEDunn as their patent attorney and causes Gem to agree to not disclose reasons for dismissal of the suit. (Adams P65)ġ907-01 KCGillette made president of GSRCo. (McKibben P16)ġ907-01 GSRCo drops suit against S&RHardware and pays Gem's attorney's fees. (Adams P64)ġ906 GSRCo shareholder dividend payout $130,000 (Adams P76)ġ906 Frank J Fahey joins GSRCo. Patent attorney Cliford E Dunn ably defends S&RHardware causing GSRCo to mightily fear for their patent's annulment. (Adams P69, McKibben P15)ġ906-03 GSRCo sues Sanborn & Robinson Hardware for patent infringement for selling products of the Gem Cutlery Co. Gillette Safety Razor Co of Canada, Limited. (Adams P62)ġ906 Second foreign manufacturing facility established in Montreal Canada. (Adams P73)ġ906 EverReady, Gem and Enders are competing at $1.00 per razor set via mostly patent infringement. (Adams P60)ġ906 Inventions Securities Company founded as a holding company for KCGillette and his allies 32,668 shares of 65,000 outstanding in GSRCo. GSRCo fights to keep discounted product off the market coming from Sam Farbstein. (Adams P68, McKibben P15)ġ905 First foreign manufacturing facility established in Nogent-en-Bassigny France as a contract manufacturer. (Adams P55)ġ905-04 Advertising budget increased from $0.25 per razor set sale to $0.50 (Adams P56)ġ905 GSRCo sets up European sales office in London under Jacob Heilborn. KCGillette awarded patent (US775134A) for the razor handle and disposable blade. (Adams P50)ġ904-08 KCG leaves England to convince JJoyce and company directors not to sell foreign rights for $100,000. Not even the 1275 sets per week needed to breakeven. Ward B Holloway elected President of GSRCo in his stead. Number of blades per packages reduced from 20 to 12. Fifty one (51) Double Ring razor sets were sold by year's end. (Adams P45)ġ903-10 First advertisement runs in business journal System. (Adams P44, TGB 01-1919 P9)ġ903 Townsend & Hunt starts doing business as Gillette Sales Company. Townsend & Hunt, a Chicago Sales firm, agrees to buy 50,000 sets. Pricing is established at $5.00 per set - razor and 20 blades - 1/3rd of a worker's weekly wage. (Adams P43, McKibben P3)ġ903-04 WNickerson completes first manufacturing machines and commercial production capability. John Joyce pledges to provide funding ($60,000) to GSRCo with approval of company directors. ![]() ![]() (McKibben P12)ġ902-05 ASRCo name changed to Gillette Safety Razor Company. Solves steel hardening and tempering problems. (Wait P568, McKibben P6)ġ902-03 WNickerson determines size and shape for blade. KCGillette again files for double edge razor patent (US775134A). WNickerson approves of KCGillette's razor idea after month long evaluation. KCGillette initial patent application approved, but final fee is unpaid. Engineering expert William Nickerson is courted. (Adams P30)ġ900 KCGillette is unable to conceive of a suitable manufacturing design. KCGillette files his first patent on his razor. (Adams P22)ġ899-06 First 3 metal prototype razors are made by Boston machinist Steven Porter. (Adams P18)ġ895-04 KCGillette has the idea for a disposable razor blade. 1891 William Painter president of Crown Cork & Seal Co encourages King C Gillette to invent a disposable good.
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