^Lot 654 International Business Machines Corporation (IBM)

NY. 1960. Specimen. Another classic certificate from the early computer age. 100 shs, capital stock, blue. "IBM" logo in circle flanked by allegorical man and woman. Archival production copy with notations in red on certificate. Facsimile signature of Thomas Watson, Jr. as president. International Business Machines Corporation (IBM) is the largest computer maker in the world. Computing-Tabulating-Recording Company (C-T-R) was formed in 1910 by Charles Ranlett Flint and is the predecessor company to IBM. In 1912 , along with John Patterson, his former employer at National Cash Register, Thomas Watson, (Sr.) was convicted of violating the Sherman Antitrust Act on behalf of "NCR" to eliminate their competition. Watson never admitted any wrongdoing, and in 1915 the government dropped its case against NCR after the company became famous for its help during a catastrophic flood in its hometown of Dayton, Ohio. In 1914, Flint hired a new general manager for "C-T-R", Thomas Watson, (Sr.), who was already a well-known, if not notorious, figure in U.S. business. In 1915 he was made president of "CTR". In 1924, C-T-R's name was formally changed to International Business Machines Corporation. Historic certificate of one of the computer age pioneers. SBNC. XF with archival notations and light vertical fold.