Origins of the Waltham Model 57

References and Notes

by Ron Price

Copyright © 1995-2023

originally published 2005 by NAWCC as Supplement No. 7
this updated online version at
http://www.plads.com/m57/monograph/
(most images can be clicked for larger view)

References

  1. Handwritten Copy of Record of Watches Made by The American Watch Company (no date or author). Available on loan from NAWCC Library and Research Center.
  2. Serial Numbers with Descriptions of Waltham Watch Movements, Waltham Watch Co., 1954, with 1963 Addendum by Colonel G. E. Townsend.
  3. George White, "Mr. Edward Howard's Watch No. l," The Time Keeper, No. 3 (January 1945), NAWCC reprint, pp. 34-35.
  4. George White, "The Early American Watch - Waltham," NAWCC Bulletin, No. 19 (August 1947): p. 173.
  5. W. M. Divers & Sons, "For Sale - Mart listing," NAWCC Bulletin, No. 20 (October 1947): p. 328.
  6. E. Tracy, letter to C. N. Thorpe on the American Watch Company, NAWCC Bulletin, No. 28 (April 1949): pp. 273- 276 (reprint 603-606).
  7. Lockwood Barr, "Prices of Clocks," NAWCC Bulletin, No. 55 (October 1954): pp. 268-271.
  8. H.I.A. Journal, "Review of Current Periodicals," NAWCC Bulletin, No. 55 (October 1954): p. 303.
  9. W. Barclay Stephens, ''A Watch Commemorative of the American Revolution," NAWCC Bulletin, No. 69 (June 1957): pp. 558-560.
  10. Wesley R. Hauptman, "Serial Numbers of the First Waltham Watches," NAWCC Bulletin, No. 76 (October 1958): pp. 259-262.
  11. Charles Kalish, "My Favorite Watches," NAWCC Bulletin, No. 89 (December 1960): pp. 473-496.
  12. Alvin A. Kleeb, ''Watch Jewels of the Past," NAWCC Bulletin, No. 97 (April 1962): pp. 191-198.
  13. Notes of Dr. Percy L. Small compiled by F. Earl Hacket, E. Howard: The Man and the Company, Supplement to the Bulletin, Number 1 Whole #901 (Columbia, PA: NAWCC, 1962).
  14. Charles Rosenberg, "PITKIN: Fact and Fiction," NAWCC Bulletin, No. 102 (February 1963): pp. 582-590.
  15. Wesley R. Hauptman, ''Appleton Tracy & Co," NAWCC Bulletin, No. 103 (April 1963): pp. 690-700.
  16. Wesley R. Hauptman, "The Boston Watch Co," NAWCC Bulletin, No. 106 (October 1963): pp. 923-940.
  17. Frank Eyles, Vox Temporis, ''Another Curtis Movement (No. 406)," NAWCC Bulletin, No. 107 (December 1963): p. 54.
  18. Wesley R. Hauptman, "The American Watch Company," NAWCC Bulletin, No. 109 (April 1964): pp. 170-209.
  19. Wesley R. Hauptman, ''An Incredible Reunion!" NAWCC Bulletin, No. 113 (December 1964): pp. 555-563.
  20. Anthony Benis, The Answer Box, ''Watches and Clocks," NAWCC Bulletin, No. 113 (December 1964): p. 600.
  21. J. George Jefferson, Vox Temporis, "Samuel Curtis Watch No. 365 Has Removable Jewels," NAWCC Bulletin, No. 118 (October 1965): p. 992.
  22. George Townsend, ''Warren Watch Number 29 ... What?  Fact, Fiction, and a Plea," NAWCC Bulletin, No. 127 (April 1967): pp. 827-830.
  23. Fraser R. Forgie, "The Boston Watch Company," Waltham Sentinel, 13 March 1856, reprinted in NAWCC Bulletin, No. 132 (February 1968): pp. 143-145. Also available in reference 65 [ref. 65].
  24. Anthony Benis, The Answer Box, ''Very Good Watches," NAWCC Bulletin, No. 145 (April 1970): pp. 344-346.
  25. Anthony Benis, The Answer Box, ''Wm. Ellery," NAWCC Bulletin, No. 147 (August 1970): p. 483.
  26. W. L. Pritchard, "American Watch Sizes," NAWCC Bulletin, No. 177 (August 1975): pp. 298-301.
  27. Thomas L. De Fazio, "The Nashua Venture and the American Watch Company," NAWCC Bulletin, No. 179 (December 1975): pp. 574-589.
  28. Robert M. Wingate, "The Pitkin Brothers Revisited," NAWCC Bulletin, No. 219 (August 1982): pp. 380-391.
  29. Michael C. Harrold, American Watchmaking, A Technical History …, Supplement to the Bulletin Number 14 (Columbia, PA: NAWCC, 1984).
  30. Peyton Autry, "The Collecting of Watches," NAWCC Bulletin, No. 231 (August 1984): pp. 410-425.
  31. Peyton Autry, "The Collecting of Watches, Part 5," NAWCC Bulletin, No. 265 (April 1990): pp. 121-124.
  32. Philip T. Priestley, Timely Voices, "Early History Hallmarks and the Waltham Watch Co," NAWCC Bulletin, No. 281 (December 1992): p. 745.
  33. Norm Withrow, Timely Voices, "Happy Thanksgiving Samuel," NAWCC Bulletin, No. 282 (February 1993): p. 57.
  34. Clint B Geller, "E. Howard & Company Watch Dials," NAWCC Bulletin, No. 285 (August 1993): p. 387-419.
  35. Philip T. Priestley, A History and Register of Gold & Silver Watch Case Makers of England: 1720-1920, Supplement to the Bulletin Number 20 (Columbia, PA: NAWCC, 1994).
  36. E. L. Youmans, ''Watch-Making in America," Appletons' Journal, 1870; reprinted 1971 by Eugene T. Fuller, available from NAWCC Library and Research Center.
  37. Sketch of A. L. Dennison's life written by E. W Dennison in February 1871, in letter to solicitor, Mr. Schilling; donated to NA WCC Library and Research Center by Philip Priestley.
  38. Copy of biographical sketch in Aaron Lufkin Dennison's handwriting; letter from a solicitor, Geo Dunning, in May 1877, to Eliphalet Whorf Dennison regarding his brother Aaron; donated to NAWCC Library and Research Center by Philip Priestley.
  39. Autobiography of Aaron Lufkin Dennison (probably writ­ten in Birmingham, England, around 1880) and letter written by Aaron Lufkin Dennison in December 1876 to his brother Eliphalet Whorf Dennison; donated to NAWCC Library and Research Center by Philip Priestley, June 11, 1993.
  40. Central New Jersey Times, 9 March 1871. Part of W Barclay Stephens' collection of notes and papers, NAWCC Library and Research Center.
  41. George E. Townsend, Almost Everything You Wanted to Know about American Watches and Didn't Know Who to Ask (Townsend, 1971). Available from NAWCC Library and Research Center.
  42. W. Barclay Stephens' collection of notes and papers at NAWCC Library and Research Center.
  43. George V. White, Data and pictures; part of above reference 42.
  44. Wells Fargo Bank History Room, San Francisco; part of above reference 42.
  45. Henry Ford Museum & Greenfield Village.
  46. Charles S. Crossman, The Complete History of Watch Making In America. In Jewelers' Circular and Horological Review (Exeter, NH: Adams Brown, 1885- 1887). Donald L. Dawes, compilation from microfilm, A Complete History of Watch and Clock Making In America by Charles S. Crossman, March 2002.
  47. The American Watch Company, Chapter L, Waltham (continued), pp. 738-749, History of Middlesex County, Massachusetts, J. W. Lewis & Co., 1890. Also published as: E. A. Marsh and approved by R. E. Robbins (AWCo.), "History of Early Watchmaking in America," The Keystone (November 1892) and (December, January, February, March, and April 1893).
  48. Waltham Watch Co. Collection, Historical Collections Department, Baker Library, Harvard Business School, Anonymous manuscript, probably written by E. A. Marsh in 1921 on the history of the Waltham Watch Company, catalog item RC-2.
  49. Henry G. Abbott, History of the American Waltham Watch Company of Waltham, Mass. (Chicago: American Jeweler Print, 1905).
  50. E. W Dennison: A Memorial. The Barta Press, Cambridge, Mass. (no author or date). For a more thorough treatise see: Charlotte Heath, Dennison Beginnings: 1840-1878 (Dennison Manufacturing Co., 1927).
  51. Charles W. Moore, Timing a Century (Harvard University Press, 1945).
  52. Henry B. Fried, Cavalcade of Time: A Visual History of Watches from the Private Collection of the Zale Corporation (Dallas: Zale Corp., 1968). Watch No. 90.
  53. Chris Bailey, Two Hundred Years of American Clocks and Watches (Prentice Hall, 1975).
  54. Vernon Hawkins, Pocket Watch Movement Production of the American Waltham Watch Co., Waltham, Mass. (Kansas City, MO: Heart of America Press, 1982). See further dis­cussion in ''Production of Waltham Movements" by Vern Hawkins in Vox Temporis, NAWCC Bulletin, No. 251 (December 1987): p. 476.
  55. Vernon Hawkins, Waltham Factory Sales Records Nov. 1857 to Dec. 1858. Compiled by Roy Ehrhardt, 1983.
  56. Vernon Hawkins, The American Watch Company, 1859-85 and the American Waltham Watch Company, 1885-1906: Annual Reports to the Stockholders, 1859-1899 (West Boxford, MA: Hawkins, 1984).
  57. Philip T. Priestley, "The History of the Dennison Watch Case Company and Its Founder Aaron Lufkin Dennison," Horological Journal (March 1986): p. 12.
  58. August C. Bolino, The Watchmakers of Massachusetts (Kensington Historical Press, 1987).
  59. Maxwell Cutmore, Watches 1850-1980 (David and Charles Publishers, 1989).
  60. Donald R. Hoke, Ingenious Yankees (Columbia University Press, 1990).
  61. Donald R. Hoke, The Time Museum Historical Catalogue of American Pocket Watches (Rockford, Illinois: The Time Museum, 1991).
  62. Sales Records T. B. & Co. June 1857-December 1858, Waltham Watch Co. Collection, O-1, v. 948, Baker Library, Harvard Business School. (T.B. & Co. stands for Tracy Baker & Company.).
  63. Michael C. Harrold, "Fulfillment of American Industrial Watch Manufacture," NAWCC Bulletin, No. 322 (October 1999): pp. 581-597.
  64. Illustrated Catalogue of the Watches Made by the AWCo. Approx. 1867. Courtesy Charles River Museum of Industry.
  65. Reprints of 1856-1857 Waltham Sentinel news articles provided by Leslie Nesky, researcher and volunteer at the Charles River Museum of Industry.
  66. Reported by Donald Dawes.
  67. Sotheby's auction catalog. New York, Fine Chess Sets, Objects of Vertu, Clocks, Watches, and Continental & English Silver (February 6 and 7, 1980).
  68. Sotheby's auction catalog. New York, Fine Watches, Clocks, Chess Sets, and Objects of Vertu (October 22, 23, and 24, 1980).
  69. Sotheby's auction catalog. New York, Watches and Objects of Vertu, Continental & English Silver, Vol II. (April 8 and 9, 1981).
  70. Sotheby's auction catalog. New York, Watches, Clocks, and Scientific Instruments (June 24, 1981).
  71. Sotheby's auction catalog. New York, The Warner D. Bundens Collection of Watches and Clocks (June 21, 1988) (5739 Warner).
  72. Sotheby's auction catalog. New York, The Thielmann Collection of Watches, Clocks and Scientific Instruments (June 16, 1989).
  73. Christie's auction catalog. New York, Fine Watches, Clocks, Scientific Instruments and Related Books (June 17, 1986).
  74. Christie's auction catalog. New York, Fine Wristwatches, Watches, Clocks, Scientific Instruments, and Related Books (June 20, 1988).
  75. Tom and Joyce Engle, Antique Watch Catalog (February 1987).
  76. David Searles, The Cambridge Catalogue (Number One), June 1992.
  77. 1862 AWCo. factory catalog. Roy Ehrhardt, American Pocket Watch 1977 Price Indicator Identification and Price Guide (Kansas City, MO: Heart of America Press, 1977).
  78. Roy Ehrhardt, Waltham Pocket Watch Identification and Price Guide (Kansas City, MO: Heart of America Press, 1976).
  79. Roy Ehrhardt, American Pocket Watch 1978 Price Indicator Identification and Price Guide (Kansas City, MO: Heart of America Press, 1978).
  80. Roy Ehrhardt, American Pocket Watch 1979 Price Indicator Identification and Price Guide (Kansas City, MO: Heart of America Press, 1979).
  81. Roy Ehrhardt, American Pocket Watch 1980 Price Indicator Identification and Price Guide (Kansas City, MO: Heart of America Press, 1980).
  82. Roy Ehrhardt, American Pocket Watches, Encyclopedia and Price Guide, vol. 1 (Kansas City, MO: Heart of America Press, 1982).
  83. Roy Ehrhardt and William Meggers, American Pocket Watches Identification and Price Guide (Heart of America Press, 1987).
  84. Cooksey Shugart and Tom Engle, The Complete Guide to American Pocket Watches, No. 2 (Cleveland, TN: Overstreet Pub., 1982).
  85. Cooksey Shugart and Tom Engle, The Complete Guide to American Pocket Watches, No. 3 (Cleveland, TN: Overstreet Pub., 1983).
  86. Cooksey Shugart and Tom Engle, The Complete Guide to American Pocket Watches, No. 4 (Cleveland, TN: Overstreet Pub., 1984).
  87. Cooksey Shugart and Tom Engle, The Complete Guide to American Pocket Watches, No. 6 (Cleveland, TN: Overstreet Pub., 1986).
  88. Cooksey Shugart and Richard E. Gilbert, Complete Price Guide To Watches, No. 14 (Cleveland, TN: Cooksey Shugart Publications, 1994).
  89. These serial numbers were recorded from George E. Townsend's "Black Book." April 21, 1983; copy provided by Stephen Helfant; Roy Ehrhardt owner.
  90. These serial numbers were compiled by Fred Selchow, 9/14/1975. Copy provided by Stephen Helfant.
  91. These serial numbers were provided by Michael C. Harrold.
  92. "Pay Rolls 1859." (May 1, 1859 to October 1860), Waltham Watch Co. Collection, KC-1, v. 361. Baker Library, Harvard Business School.
  93. Paul M. Chamberlain, It's About Time (reprint, London: The Holland Press, 1978).
  94. William H. Keith, past-president AWCo. (1861-1866). A Family Tale, 1883. A 270-page handwritten document on the history of American watchmaking that includes a letter from Edward Howard writing about events during 1842 to 1857. Document in private ownership as of this original writing and referenced herein (since transcribed by Richard Watkins; see http://www.watkinsr.id.au/Keith.html).
  95. "The Father of American Watch-Making: Aaron L. Dennison," Waltham Weekly Record, 5 April 1883, Timely Topics. It was this glowing newspaper article on Dennison's contributions to watchmaking that prompted Keith to write his paper (above) to refute the claims made in the newspaper.
  96. Dr. Percy Livingston Small, "The Pitkin Brothers," NAWCC Bulletin, No. 55 (October 1954): pp. 251-260.
  97. Jim West, "Dennison's Eight-Day Watches - The Titanic Connection," NAWCC Bulletin, No. 310 (October 1997): pp. 563-570.
  98. Joseph E. Brown, Extract From "Record of Watches made by the American Watch Company," NAWCC Bulletin, No. 319 (April 1999): pp. 230-231.
  99. Clint B. Geller, "The Origin and Evolution of the E. Howard & Co. Divided-Plate Keywind Movement," NAWCC Bulletin, No. 324 (February 2000): pp. 17-45.

NR New Reference: Philip T. Priestley, 2009 monograph published by NAWCC “Aaron Lufkin Dennison, An Industrial Pioneer and his Legacy”

Reference Notes

100. Serial Number Ledger:

Luckily for us, the American Watch Company (AWCo.) pre­pared a serial number ledger of all watches they made "Record of Watches" [ref. 1]. Although an occasional move­ment shows up that does not match exactly with the entry in the ledger, the ledger is amazingly accurate.

 This ledger was likely derived from production ledgers that contain entries in chronological order by date when groups of identical movements were completed. The serial number ledger is in order by serial number. It has the same organizational structure and handwriting from beginning to end just as though it were a single assigned task, in which case it probably was compiled in the late-1880s after its last entry (S/N 1,500,000). It is the first of two known volumes [ref . 98].

Three production ledgers are in the ''Waltham Watch Co. Collection" of docu­ments at the Historical Collections Department, Baker Library, Harvard Business School, Catalog items: L-1, v. 934 (1867-1868); L-2, v. 935 (1869-1872); L-3, v. 936 (1915-1917). The author was able to correlate several sample entries taken at random from the 67/68 production ledger with the serial number ledger.

At least two master handwritten serial number ledgers exist with identical line­for-line data but written in different handwriting. There is a very good possibility that additional ledgers existed that were used in different departments in the factory. If so, and even if they are copies of the original master (handwritten or photocopied), their owners might have made useful notes on them in the margins or covers. The author would appreciate being notified of any such records.

Page 1 of the serial number ledger [ref. 1] lists DH&D watches with S/Ns 1744, 1747, 1793 (with unclear production date), and 2601-5000 (with production date "March, 1856 to May, 1857"). See the first few entries in the Serial Number Ledger illustrated above. This handwritten record of movements by serial number might be a copy of Hauptman's [ref. 16] reference number one furnished to him in 1958 by Mr. George R. Watts, an executive of the WWCo. since 1903. Mr. Watts refers to this ledger as "two very old handwritten books" in a letter dated June 14, 1957; see reference 105 below.

Also see the note in reference 1 illustrated above that says, "The Dennison, Howard & Davis Co. finished work on this last hundred" which implies that the last 100 DH&D movements were actually made by BWCo., or did the scribe misinterpret a document in the files that was written 30-some years earlier. Perhaps Howard & Rice was intended; there is evidence that some (all?) of these movements were cannibalized for Howard & Rice movements (see reference 103 below).

One has to wonder if there is any significance for the DH&D entry 2601-5000 if AT&Co. did not possess these movements. On the other hand, perhaps the scribe simply dutifully logged an old BWCo. document (and/or made an educated guess based on the date the new company started) and filled in numbers 2201-2600 as “not made” to complete the serial number sequence. Based on other supporting evidence herein, the author gives no significance to this entry.

101. Statistical Analysis:

A list of serial numbers of surviving DH&D movements is summarized below in Table 1. This list is 9.9 percent of the original production, if indeed all 4000 movements between 1001 and 5000 were actually made and sold. One would think the surviving watches would be uniformly distributed over the full range, and they appear to be according to an analysis of the data originally performed by contributor Hans Dahlke. See Hans' histogram chart below based on current data. If the original production were complete over the serial number range, then the cumulative uniformly distributed survival would be a straight line over the range, as it nearly is in the chart. This analysis indicates that DH&D movements were not cannibalized for other signature movements (at least not in large numbers, although the last group of 100 movements is conspicuously small).

NAWCC's past research committee chairman, Snowden Taylor, points out that the recorded DH&D survival rate (as of this writing: 397/4000 = 9.9 percent) is consistent with the Samuel Curtis survival rate (76/900 = 8.4 percent). We would expect the survival rates to be nearly equal because the process of obtaining these serial numbers is the same. Therefore, if a large number of DH&D movements were not made, we would be seeing a much smaller apparent survival rate. In addition, the survival rate of DH&D S/Ns 1001-2600 (160/1600 = 10 percent) is consistent with the range 2601-5000 (237/2400 = 9.9 percent). If the latter range were in possession of Royal Robbins (per reference 100 above), Mr. Robbins did not cannibalize many (if any). As noted in the next reference, Sales Records [ref. 102], sales records of the AWCo. exist that list about 120 DH&D movements starting at S/N 4081. Again, Taylor points out the survival rate of the range 4081-5000 (84/920 = 9.1 percent) is consistent with the prior range (311/3080 = 10.1 percent), so that large numbers of DH&D watches were not cannibalized by the AWCo., although again the last 100 group is suspicious and is affecting this high-range calculation. Indeed, as shown below in reference 103, there is strong evidence that Howard cannibalized a number of movements (at least plates) in the 4901 S/N range (and others); i.e., they survived as H&R movements, not DH&D movements (in which case the high range survival rate would be 237/2300 = 10.3%, and the 4081-5000 range should really be 84/820 = 10.2%).

Table 1.   Surviving Dennison Howard & Davis Movements
 
1002 1003 1006 1007 1009 1011 1014 1016 1021 1034 1035 1038 1043 1053 1065 1072 1073 1079 1089 1105
1107 1109 1131 1136 1148 1184 1185 1187 1188 1190 1204 1205 1208 1235 1245 1263 1267 1276 1282 1294
1306 1312 1316 1320 1322 1351 1357 1358 1359 1369 1373 1375 1379 1385 1445 1466 1478 1483 1517 1525
1532 1534 1540 1543 1546 1547 1551 1557 1559 1571 1585 1591 1598 1633 1646 1657 1662 1690 1701 1718
1719 1724 1751 1757 1768 1786 1813 1832 1850 1855 1876 1881 1924 1936 1970 1975
1st 1,000 total = 96 --> 9.6%
2024 2053 2068 2078 2092 2117 2126 2148 2149 2150 2153 2155 2158 2171 2174 2186 2193 2196 2201 2220
2231 2233 2254 2259 2279 2289 2299 2301 2304 2305 2325 2347 2356 2358 2361 2363 2368 2376 2383 2385
2386 2394 2439 2443 2457 2458 2470 2471 2491 2496 2497 2502 2504 2506 2521 2525 2545 2553 2565 2568
2572 2583 2590 2600 2612 2619 2622 2647 2657 2673 2714 2725 2736 2737 2738 2739 2753 2756 2761 2772
2776 2788 2795 2796 2797 2798 2801 2829 2836 2855 2857 2880 2884 2886 2894 2929 2937 2938 2940 2941
2942 2943 2954 2964 2976 2981 2982 2993
2nd 1,000 total = 108 --> 10.8%
3003 3006 3011 3020 3026 3027 3036 3037 3060 3066 3074 3078 3085 3092 3094 3135 3141 3147 3156 3164
3169 3199 3200 3210 3222 3244 3254 3265 3275 3276 3284 3306 3311 3314 3315 3330 3334 3337 3348 3355
3369 3376 3384 3392 3400 3422 3429 3433 3436 3443 3445 3470 3475 3482 3486 3508 3515 3519 3528 3580
3582 3589 3611 3627 3631 3632 3648 3649 3668 3691 3694 3700 3703 3708 3713 3730 3733 3741 3770 3772
3773 3793 3801 3803 3812 3823 3825 3826 3830 3858 3883 3899 3914 3931 3935 3949 3953 3956 3960 3976
3978 3985 3991
3rd 1,000 total = 103 --> 10.3%
4013 4021 4054 4058 4060 4076 4082 4090 4092 4098 4108 4118 4166 4190 4198 4221 4227 4240 4242 4252
4258 4267 4278 4286 4288 4291 4299 4308 4332 4337 4348 4356 4359 4370 4377 4380 4381 4407 4410 4412
4420 4423 4425 4431 4443 4445 4448 4454 4458 4459 4460 4469 4472 4482 4483 4506 4523 4527 4533 4535
4546 4549 4550 4579 4594 4607 4617 4621 4627 4634 4642 4645 4660 4673 4702 4714 4737 4739 4747 4749
4754 4762 4810 4814 4841 4849 4855 4876 4883 4887 4915 5000
4th 1,000 total = 90 --> 9.0% (90/900 = 10%)
[total = 397 --> 9.9% [not counting Nos. 4915 & 5000] (397/3900 = 10.2%)

Calling Table 1 a "Survival List" is a bit of a misnomer. One entry, for example, is known to have been accidentally destroyed. Entry No. l235 is just the top plate with center wheel & pinion, and the conspicuous entry No. 4915 is just barrel bridge and balance cock only. But for our analysis, we just need to have credible evidence that the watch was actually made. 

Serial number 5000 is a special divided-plate movement and should not be considered part of the DH&D population, although it carries the DH&D signature. It might have been Howard's model for the next series of watches if the Boston Watch Company had survived
[ref. 99, p. 21-23].

Note: This photograph of No. 5000 by Jim Michaels of Bob Ravel's Dennison, Howard & Davis (note comma), courtesy of The Watch and Clock Museum of the NAWCC. Click picture for larger view.

 
 
Data from Watchcases:

Although not a reliable source of information, cases in which Dennison, Howard & Davis movements are mounted might tell us something about their origin. DH&D S/N 2673 is in the range recognized by the AWCo. Serial Number Ledger [ref. 100]. It is interesting in that it is in an Appleton Tracy & Co case. This case does not appear to be the movement's original. Author now believes the insolvency documents show that the AT&Co did not have this range of DH&D movements.

About 70 percent of the DH&D movements listed in Table 3 below of reference 102 (Sales Records) were sold with cases. Although the Sales Ledger does not specifically say the cases were company-made, the inference is that they were. Recorded BWCo cases are listed in Table 2 below. Note the correlation between BWCo case serial numbers with DH&D movement serial numbers. These data imply that the BWCo made nearly 4,000 movements and perhaps as many cases or a little less. Also implied is that Howard had BWCo. cases to sell with his H&R movements.

Table 2.  BWCo. Watches with Factory Cases
 
  Mvt.   Mvt. #   Case #   Comments

SC

418

101

OF W.H.W. w/ eagle & anchor hallmarks (BWCo. ?)

SC

536

525

silver OF case with eagle & anchor hallmarks (BWCo. ?)

SC

924

8xx

OF case with eagle & anchor hallmarks (no mention of initials)

SC

925

8xx

OF case with eagle & anchor hallmarks (no mention of initials)

SC

944

568

OF case with eagle & anchor hallmarks, no initials

DHD

1089

2271

HC with eagle hallmark (no mention of initials & anchor)

DHD

1190

1151

HC with eagle & anchor hallmarks, no initials

DHD

1306

1062

OF case with eagle & anchor hallmarks, no initials

DHD

1478

1356

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

1483

1333

HC w/BWCo. initials and eagle hallmark; no anchor

DHD

1517

1380

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

1559

3270

HC w/BWCo. initials (eagle?) no anchor (note high #)

DHD

1657

1207

OF case with eagle & anchor hallmarks, no initials

DHD

1690

1480

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

1718

1613

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

1832

 

w/BWCo. initials (case data not provided)

DHD

1970

1684

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

2053

2018

OF w/BWCo. initials and eagle hallmark

DHD

2092

2060

OF w/BWCo. initials and eagle hallmark

DHD

2117

1675

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

2149

1715

HC w/BWCo. initials and eagle & anchor hallmarks dated 1856

DHD

2193

1810

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

2233

1751

HC w/BWCo. initials (other markings not provided)

DHD

2394

2092

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

2583

2188

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

2714

2858

HC w/BWCo. initials & eagle (no mention of anchor)

DHD

2739

3183

HC w/BWCo. initials & eagle (no mention of anchor)

DHD

2797

2893

HC w/BWCo. initials & eagle (no mention of anchor)

DHD

2929

1786

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

2942

2123

HC w/BWCo. initials and eagle & anchor hallmarks

DHD

2954

2639

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

2981

2928

HC w/BWCo. initials & eagle hallmark, no anchor hallmark

DHD

2993

3329

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

3011

3254

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

3027

2306

HC w/BWCo. initials & eagle hallmark

DHD

3156

2521

OF w/BWCo. initials, no eagle hallmark

DHD

3164

2587

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

3265

2661

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

3276

2531

OF w/BWCo. initials, no eagle, dated Oct. 22, 1856

DHD

3330

3178

HC w/BWCo. initials, 18K gold

DHD

3334

2966

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

3589

3377

OF w/BWCo. initials, no eagle hallmark

DHD

3627

3071

HC w/BWCo. initials & eagle hallmark

DHD

3708

3268

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

3730

3136

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

3793

2361

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

3883

3479

HC w/BWCo. initials (no mention of hallmarks)

DHD

3978

3601

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

4013

2490

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

4092

4185

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

4190

4551

HC w/TB&Co. initials & eagle hallmark

DHD

4258

4171

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

4299

3541

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

DHD

4308

3895

OF w/BWCo. initials (eagle unclear) (no anchor hallmark)

DHD

4337

3982

HC w/BWCo. initials (eagle unclear) (no anchor hallmark)

DHD

4348

3529

HC w/BWCo. initials & eagle hallmark, dated 1857

DHD

4380

3464

HC w/BWCo. initials & eagle hallmark

DHD

4454

3904

OF w/BWCo. initials, no eagle hallmark

DHD

4549

3734

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

4621

3712

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

4714

3927

OF w/BWCo. initials, no eagle hallmark

DHD

4737

3972

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

DHD

4810

 

HC w/BWCo. initials & eagle hallmark (no mention of anchor) # not given

DHD

4814

3974

HC w/BWCo. initials & eagle hallmark

H&R

6058

4095

HC w/BWCo. initials & eagle hallmark

H&R

6065

2395

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

H&R

6073

3934

HC w/BWCo. initials & eagle hallmark

H&R

6083

4131

HC w/BWCo. initials & eagle hallmark (no anchor hallmark)

H&R

6238

4020

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

H&R

6298

3425

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

H&R

6424

3473

HC w/BWCo. initials & eagle hallmark (no mention of anchor)

Take note of the good number of surviving BWCo cases housing Howard & Rice movements. As of this writing the author has yet to record a single BWCo case on any Waltham movement after the insolvency. Even the DH&D movements sold by Robbins did not have BWCo cases as yet reported. It looks like Howard (& Rice) took all available BWCo cases after the insolvency since he kept the BWCo name on his H&R movements, and Robbins made his cases new. According to Sales Records (see Table 3 below in [ref. 102]), DH&D movement #4092 was originally sold without a case, so the origin of its case is uncertain. Another reported interesting example, DH&D #4190 was sold in a TB&Co case.

The February 2, 1857, inventory document from the BWCo insolvency papers lists 138 cases 9/10 to 1/8 done in the silver department under "workmen's hands" (see Appendix 1 in Richard Watkins' "Cook Rice and Potatoes"). Howard and Rice would have had access to this material. Finished cases would have been stored in an office area (e.g., sales) along with completed movements. Rice might have thought he did not have access to these finished goods, but finished cases stored there would have been very tempting. It is interesting to note some H&R movements are housed in lower numbered cases. It is conceivably possible that Robbins did get some BWCo cases and sold them with his cache of DH&D movements. Perhaps we just have not yet seen enough surviving examples to see a Robbins' DH&D movement in a BWCo case.

We also have surviving DH&D movements with Tracy Baker & Co. and AT&Co. dials (e.g., see S/Ns 3823, 4082, & 4198 in the data table at end of this monograph). Were these movements sold with these dials or are the dials replacements? S/Ns 4082 and 4198 were sold by AT&Co.; see Table 3 (Sales Records [ref. 102]).

 

The BWCo. watchcases illustrated here are especially interesting because they date approximately when the DH&D movements that they encase were made. The first illustrated case holding DH&D S/N 2149 at the left dates the watch by virtue of an amateur inscription "1856" on the inside front cover. This watch was most surely sold by the BWCo.

The second frame, lower left, shows the inside back cover. Quoting Hauptman [ref.16, p. 931-932], "On the inside of the back lid is stamped the typical American Eagle, which though not mandatory was used by many of the early American silversmiths to denote that the article was American made. Under this mark is an anchor mark. This symbol was adopted by a large number of the Rhode Island smiths presumably from the Rhode Island seal Anchor and Hope. It is assumed that the anchor mark appears in the case because Cabel Westcott [...] carried on his trade in Providence before he [was hired by] the Boston Watch Co. [to make pocket watch cases.]"

Photograph of Boston Watch Company silver hunting case S/N 1715 housing DH&D S/N 2149 permission of owner.

Movement S/N 4348 is encased in BWCo. hunting case S/N 3529 which has the presentation date of 1857 (not illustrated but listed above in Table 2). Unfortunately, the month isn't engraved in the presentation and we are unable to conclude much from this case.

 

The next example BWCo. case illustrated at the left holds DH&D S/N 3276. It was awarded to an officer in the British Army during the Crimean war on Oct. 22, 1856.

Double sunk Turkish dial on DH&D S/N 3276.

This movement and case were very likely made seven months or more before the May 9, 1857, insolvency. If the watches were made and sold in order by serial number, and at the rate of 250 per month (see [ref. 23]), 3276 + (250 watches/month X 7) = 5026; this calculation, even at a little lower production rate, does not leave many finished or nearly finished DH&D watches for Royal Robbins.

This Boston Watch Company silver open-face case S/N 2531 housing DH&D S/N 3276, which saw duty during the Crimean War, was immortalized by poet Lord Alfred Tennyson's Charge of the Light Brigade. Photos courtesy of owner.

 

Inscription reads:

1st Prize
Awarded to
E.C. Johnson
by the
Honorary Members
of the
Watson Light Guard
at Target Practice
Oct. 22, 1856.

 

102. Sales Records:

The Historical Collections Department in the Baker Library at the Harvard Business School has a collection of documents on the Waltham Watch Company. One such document is the ledger, "Sales Records T.B. & Co., June 1857 - December 1858" [ref. 62]. This ledger lists the sales of about 120 DH&D movements beginning with S/Ns 1282, 2329, and 4081 and ending with S/Ns 4199 and 4223 (see Table 3, below). These data are also listed in [ref. 55] with some errors. The Sales Ledger (according to [ref. 55]) accounts for nearly all of the new production through December 1858 (last serial number 14065); at least there are no large blocks of missing numbers. Although not compiled in [ref. 55] nor herein, the sales records do show a number of silver cases with serial numbers below 5,000 that might have been BWCo. cases sold without movements.

Although other sales ledgers are in the Library, records for the period between December 1858 and August 1865 are missing. This is unfortunate because, as documented during the depression of 1857/58, "Many a time, Mr. Robbins deposited with his own hands in Boston Banks large boxes of watches as collateral security for his notes discounted at eighteen percent" [ref. 47, p. 741]. These notes were cleared and the watches sold in about 1859 [ref. 48, p. 24] and [ref. 49, p. 20], for when the sales records are missing.

Table 3.  Dennison Howard & Davis movements from Sales Ledgera [ref. 62]

1282-15 2329-15 4081-07 4082-07 4083H07 4084-07 4085H07 4086H07 4087-07 4088H07
4089-07 4090-07 4091-15 4092-15 4093-15 4094-15 4095-15 4096-15 4097-15 4098-15
4099-15 4100-15 4101-07 4102-07 4103-07 4104-07 4105-07 4106-07 4107H07 4108-07
4109-07 4110-07 4111H07 4112H07 4113H07 4114H07 4115H07 4116H07 ------- 4118H07
4119H07 4120H15 4121-15 4122H15 4123H15 4124H15 4125H15 4126H15 4127H15 4128H15
4129H15 4130H07 4131H07 4132H07 ------- 4134O07 4135H07 4136H07 4137O07 4138H07
4139H07 4140H07 4141-15 4142H15 4143H15 4144H15 4145H15 4146H15 4147H15 4148H15
4149H15 4150H15 4151H15 4152H15 ------- 4154H15 4155H15 4156H?? 4157H15 4158H15
4159-16 4160H15 4161H16 4162H16 4163H16 ------- 4165-16 4166-16 4167-16 4168-16
4169-16 4170-16 4171H07 4172H07 4173O07 4174H07 4175H07 4176H07 4177O07 4178H07
4179O07 4180H07 4181H07 4182H07 4183H07 4184007 4185H07 4186H07 ------- -------
4189H07 4190H07 4191H07 4192H07 4193H07 4194H16 4195H07 4196H07 4197H07 4198H07
4199H07 ------- 4223H16              

Hawkins in [r55 page 117] also lists 7J DH&D #4037 and 15J DH&D #1954 in a 12/31/1858 inventory report.

  1. H = Silver Hunting case   O = Silver Open Face case    - = w/o case; underlined movements have been reported and are in data table
    Jewel count follows case type using [ref. 55] data; however, author believes jewel count entries of 16 are suspect because DH&D movements are typically listed in the actual records with group of AT&Co. movements which were 16J ("4 1/2 pairs"), but the 4 1/2 pairs designation probably didn't apply to the DH&D movements.

Robbins' deal with the Waltham Improvement Company in the merger to form the American Watch Company included keeping his "stock" of watches for himself. Robbins made a personal profit from the "pawned" watches [ref. 48, p. 24], and considering the dollars involved, the number of watches in question could have been substantial.

Moore documents the appraisal of the AT&Co. property and the terms of its sale by Royal Robbins to the Waltham Improvement Company [ref. 51, p. 38]. Robbins was to receive $125,000, of which $100,000 was payable in stock of the new company and $25,000 in notes. This amounted to a $20,000 bonus over the appraised value of the AT&Co. Robbins' "stock" of watches was in addition. Moore further documents that on September 1, 1858, when the new company took over operations of the plant, the inventory of finished watches was worth $83,770; Robbins sold $52,714 worth of this inventory through the rest of the year (four months) and the remaining inventory to the new company on December 30, 1858; the new company took over sales on January 1, 1859 [ref. 51, pp. 316-318].

One could conclude from this scenario that the September 1, 1858, inventory of watches was Robbins' "stock." Moore makes this connection and claims Robbins profited from it [ref. 51, p. 32]. On the other hand, perhaps Robbins was just carrying out the duties of a sales agent until the new company took over on January 1, 1859, as agreed. This author does not believe the directors of the Waltham Improvement Company would give Robbins the output of the factory after paying him for his entire investment in the factory which produced the output (plus a bonus). However, this author can believe that the directors allowed Robbins to keep the watches he pawned and invested the money so derived into the company.

When Moore conducted his research in the late-1930s [ref. 51 p. xxii], he did not have the wealth of information now readily available. Perhaps a different conclusion would be reached if we reviewed Moore's references today, which include records of stockholder meetings of the Boston Watch Company and records of director meetings of the Waltham Improvement Company. The whereabouts of these historical documents are currently unknown to this author.

103. Serial Number Under Top Plate:

All Dennison, Howard & Davis movements appear to have their full serial number stamped horizontally on the underside of their top plates. This is a serialization of matched parts. The last two significant digits are stamped on the pillar plate and on the underside of the balance cock. The minute and hour wheels have the last significant digit.

How convenient of the BWCo. to do this. So, if we find movements with non-matching numbers, we can conclude that some salvage work had taken place. Aside from the possibility of modern day reconstructions, we do see Howard & Rice movements and early AT&Co. movements with differing numbers. A listing is given in Table 4 below.

Except for very early AT&Co. movements (e.g., up to 6377) and possibly the first C. T. Parker movements, all Model 57 movements have only a portion of the serial number stamped on the underside of the top plate and on other subassemblies (e.g., AT&Co. S/Ns 6534, 6590, and 6669 have only "34," "90" and "69," respectively, stamped under their top plates). The number of significant digits stamped on the subassemblies was probably based on the size of the batch.

A large amount of BWCo. material was left at the factory at the time of the insolvency and the May 9, 1857 auction, in particular movements and plates. The insolvency papers [ref. 106] list inventory including 100 movements 1/2 to 7/8 done, a long list of parts in various stages of completion, and 1170 pairs of plates! Rice (and Howard) was specifically accused in the insolvency papers of removing "movements numbered 4891 - 4910 inclusive and other movements." This inventory was incorporated in H&R movements and in early TB/AT movements. It would make sense that H&R would take off with low numbered parts and Robbins was left the high numbered parts. So what we see are matched part numbers inside the movements but different from the visible number on the barrel bridge on H&R and early AT&Co. movements. The DH&D S/N is stamped in the same general location on all movements this author has seen. An example can be seen on the top plate for DH&D 4535.

The underside of early Howard & Rice top plates have five digits. Because there are so many examples in Table 4, and they are all consistent, this author believes Howard added the digit '1' in front of the original BWCo. serial number. It is interesting to note that all of the H&R "4-digit" numbers are lower than the AT&Co. numbers. This author believes Howard added the digit "1" to the BWCo number to distinguish his movements from BWCo movements but still kept the BWCo subassembly numbers.

number on the underside of three example early movements after the BWCo. insolvency
   
AT&Co. 5026
H&R 6011
H&R 6252

The 5-digit number, 14983, under H&R 6011's top plate appears to have an alignment scribe mark under the full set of digits. This would indicate that all of the five digits were stamped at one time to make a single number. However, this mark might be a coincidental scratch. Other H&R movements this author has seen do not have such a mark.

Table 4. Serial Number under Top Plate

name of
movement
# on barrel
bridge
# under
top plate
name of
movement
# on barrel
bridge
# under
top plate
Howard & Rice 6003 14930 TB&Co 5012 5812*
Howard & Rice 6006 14927 AT&Co 5026 5826
Howard & Rice 6011 14983 AT&Co 5042 5842
Howard & Rice 6019 14985 AT&Co 5084 5884
Howard & Rice 6037 15022 AT&Co 5158 5958
Howard & Rice 6047 16** AT&Co 5190 5990
Howard & Rice 6060 15048 AT&Co 5221 5921
Howard & Rice 6065 15043 AT&Co 5332*** 5332
Howard & Rice 6112 14865 AT&Co 5341 5341
Howard & Rice 6128 15217 AT&Co 5404 5404
Howard & Rice 6149 14948 AT&Co 5461 5461
Howard & Rice 6161 14977 AT&Co 5715 5715
Howard & Rice 6214 15115 AT&Co 5760 5760
Howard & Rice 6217 15116 AT&Co 5823 5823
Howard & Rice 6238 15137 AT&Co 5826 5826****
Howard & Rice 6252 15157 AT&Co 5901 5901
Howard & Rice 6264 15163 AT&Co 6085 6085
Howard & Rice 6282 15182 AT&Co 6377 6377
Howard & Rice 6300 23****** AT&Co 6534 34*****
Howard & Rice 6343 17 AT&Co 6590 90
Howard & Rice 6424 94 AT&Co 6669 69
E. Howard & Co 6447 27 AT&Co 16447 47
E. Howard & Co 6482 40 AT&Co  21792  92
* Author originally recorded this number as 5012 by observation at Sotheby's on 10/09/04 under poor light conditions, but now having experience in observing 5026 (5826) and 5042 (5842) just by looking between the plates with better lighting where the '8' was difficult to distinguish different from '0', this under-top-plate-number should be 5812. This is also consistent with the other movements.
** This is not author's observation. Wish this number could be confirmed.
*** Looks like around #5300 Robbins' S/Ns match the BWCo S/Ns. [researching new theory where Robbins started with BWCo plates #5301]
**** Just drawing attention to the visible S/N 5826 which is the inside number for 5026, but by now this was Robbins' actual new S/Ns. The pillar plate is numbered '26'.
***** Looks like around #6500 Robbins started putting only the subassembly number under the top plate.
****** Looks like around #6300 Howard started using his own assembly numbers.

104. Payrolls:

In 1859 and 1860 P. S. Bartlett was paid over $300 per month, whereas A. Dennison received only $125 per month [ref. 92]. Bartlett's entries in the payroll ledger are listed as "job rate" (as are several other peoples). Although Bartlett's entries are not the highest, at these high rates, he was probably being paid to run a crew or something like that, perhaps at piece rate (the figure was different each month); this might have been something like a modern day contractor. In any case, this information does not fit well with the image of a young, bright, popular employee upon whom the honor of a trademark was bestowed. There must be a story here waiting to be told.

The May 1, 1859, payroll shows 135 entries (individuals and others at "job rate"). Individual entries calculate out to six-day weeks, 10 hours per day [ref. 92].

It is also interesting to note that Charles Parker had a larger labor rate than other employees in the insolvency records [ref. 106, Case 116, Sheet 51].

105. Franklin Dennison's Collection:

There is a strange note of possible historical significance in the catalog describing Franklin Dennison's collection of antique pocket watches. This collection was displayed by the Waltham Watch Company in the 1940s. It was bequeathed to the Waltham Watch Company in 1934 by Franklin Dennison, son of Aaron Dennison, and president of the Dennison Watch Case Company in England [ref. 51, page 261]. The catalog is titled: "Historic Horology Being a Catalogue of a Collection of Antique Watches belonging to the Franklin Dennison Collection and exhibited by the Dennison Watch Case Company at the Jewellers' Exhibition, 1913." The note in question is in item No. 504, which actually was part of "Supplement 1914 Containing recent additions to the Franklin Dennison Collection of Antique Watches," Dennison's Exhibit, Jewellers' Exhibition, 1914. (Copy of catalogue provided by NAWCC Library and Research Center.)

Item No. 504 reads: "This is the ninth Waltham watch that was numbered, the first thousand having been sold without numbers. Manufactured about 1854."

Unfortunately, the "ninth Waltham watch" is not described so we are unable to date precisely when the statement applies, assuming the statement has any authenticity. Indeed, it is hard to believe there could have been any period between the spring of 1853 to late 1857, when an additional 1,000 movements could have been produced that have not already been accounted for. That is, could there really have been 1,000 Warren movements made? Or 2,000 Samuel Curtis movements? Or 5,000 DH&D movements? If so, presumably they would have also been un-named because there is of yet no highly published record of such a movement without a serial number.

Perhaps an unmarked early pre-M57 movement could have gone unnoticed all these years because it would look of English origin, but 1,000 of them do not seem plausible. DH&D S/N 1009 (which might have been Aaron Dennison's personal watch - see listing) could be the "ninth Waltham watch" in question because it was the ninth watch made at the Waltham factory; the previous 1,000 movements being made in Roxbury. The cataloger might not have known the history of the company and recorded an incorrect conclusion. Similarly, if the watch in question was C. T. Parker 1009, the cataloger might not have known that the numbers started at 1001.

(Maybe someday details on No. 504 will surface that will clear up this mystery. The NAWCC Library and Research Center searched for articles on the Jewellers' 1914 Exhibition in the British Horological Journal; also Jewelers Circular might be worth trying.)

Nevertheless, there was some confusion/misunderstanding at the factory on this matter even as late as 1957. Contributor Leslie Nesky found copies of letters in the ''Waltham Watch Company" collection at the Charles River Museum Of Industry from George R. Watts, manager, Material Sales Department, dated in 1957. These letters were responses to inquiries about early ''Waltham" watches that people had written to the factory. In these letters Mr. Watts writes, "The first thousand watches were not numbered and were made in Roxbury. When the manufacture was started in Waltham in 1854, #1000 was used."

106. Relevant Documents:

Boston Newspapers at the Boston Public Library, Microtext Department:

  • Boston Post, Tuesday, April 14, 1857, Page 1: ad for "The American Watch" on sale by principal dealers throughout the country; manufactures Dennison, Howard & Davis.
     
  • Boston Daily Advertiser, Thursday, April 16, 1857, Page 2: four ads announcing the insolvency of Howard, Davis, Curtis and Dennison, and a meeting of their creditors to be held at the Court of Insolvency in the Boston Court House at 10 a.m. on April 29, 1857. (Same ad was run in the Boston Daily Courier.)
     
  • Boston Daily Advertiser, Tuesday, May 5, 1857, Page 3: ad by assignee Nathan W.C. Jameson announcing the auction sale of the Boston Watch Company estate (about· two acres), large buildings, machinery, tools and stocks in the process of manufacture at 10 a.m. on Saturday, May 9, 1857, on the premises. (Same ad was run through Saturday, May 9; ditto in the Boston Daily Courier.)
     
  • Boston Herald, Tuesday, May 12, 1857: small article on the sale of "The American Watch Company" in Waltham on Saturday last by Boston auctioneer N. A. Thompson. Purchaser, Royal S. Robbins on behalf of a New York com­pany, for $37,500. The company is said "will carry on the watch making business on an extensive scale as soon as the present lease expires."
     
  • Boston Evening Transcript, Wednesday, May 13, 1857, Page 1: a little larger article than the Herald's on the sale of "the property of the American Watch Company," upon the lands of the Waltham Improvement Company. Charles Rice is mentioned as having the lease.
     
  • Boston Daily Advertiser, Tuesday, May 19, 1857, Page 2: assignee Jameson advertises (four ads) second meeting of creditors of Curtis, Howard, Davis and Dennison at 1 p.m. on May 28, 1857. (Same ads were run in the Boston Daily Courier.) 

Insolvency Records at the Massachusetts Archives in Boston:

Case No. 116 of Samuel Curtis containing 205 so-called "sheets" (often many pieces of paper).

  • Sheet 1: April 15, 1857, Debtor's Petition of Insolvency.
  • Sheet 2: missing (probably order for Sheriff to take possession and call first meeting of creditors).
  • Sheet 3: schedule of creditors (including WICo for $6,000).
  • Sheet 4: list of creditors of Curtis personally
  • Sheet 5: oaths Rice owed $26,870.19.
  • Sheet 30: April 29, assignee Nathan W. C. Jameson accepted (merchant in Antrim, NH) at first meeting of creditors.
  • Sheet 34: May 8, order for second meeting of creditors on May 28.
  • Sheets 29, 96, 120, 147, 158, 162, 178, 188: Lists of debts proved at creditors meetings totaling $41,617.74 as individual, $101,309.75 as BWCo., $30,577.95 as member BWCo., all total $173,505.44.
  • Sheet 51: May 26, oath Charles Parker owed $127.23 for labor (oaths No. 43-95 all similar labor debts, typically much less).
  • Sheet 98: June 16, petition by William B. Fessenden owed $14,913.16 in 18 short-term notes (6-14 months), plus mortgages on the two H&D Roxbury properties; Insolvency Judge made Fessenden assignee of the Roxbury properties.
  • Sheet 110: June 23, oath Fellows & Schell owed $1,636.84.
  • Sheet 121: June 27, order for third meeting of creditors on July 16.
  • Sheet 139: July 16, Jameson recorded received from sale of real estate and personal property of the Waltham Watch Factory $37,500; also $491.90 from "collections." Author cannot explain the $4,000 difference that Robbins recorded paying for the" factory, $41,500 ($8,500 real estate and $33,000 for contents) [ref. 51, p. 314] although Jameson transferred the deed to Robbins for $8,500 [see Reg. of Deeds, Middlesex, Book 768, p. 176]. Also see Sheet 202 below.
  • Sheets 141 and 142: August 1, more oaths Rice owed $4,835.50.
  • Sheet 150: Court orders Howard and Rice to appear Aug. 14 to answer Tracy & Baker complaint.
  • Sheet 153: filed Aug. 25, Interrogatories (23 questions) to Rice regarding removing property from factory; e.g., did Rice have contract with company about Feb. 1, 1857, in writing, where is it, what was lease with WICo in March (item 13), did Rice remove stock, tools, and fixtures from the factory and what right did he have to do it, was the attached listing of inventory "A" the inventory of the factory on Feb. 2, did Rice remove part of this inventory, at the night before the sale, or before, did Rice remove movements numbered 4891-4910 inclusive and other movements (item 20), and so on. Of interest of the inventory in Attachment A (account of stock in workmen's hands Feb. 2, 1857) is 100 movements 1/2 to 7/8 done, 1,170 frames (pairs of plates), long list of parts in various stages of completion, with total value including case room $7,510.49.
  • Sheet 164: Sept. 15, order for first distribution of dividends $14,935.50 at 20 cents on the dollar.
  • Sheet 175: Sept. 15, another oath Rice owed $26,556.60.
  • Sheet 176: Sept. 21, another oath Rice owed $7,607.23.
  • Sheet 179: Oct. 15, creditors assent to discharge (including Rice and Fessenden).
  • Sheet 180: Oct. 15, Curtis' affidavit: "Until sale of some of my property ... pledge security within three weeks of filing petition [insolvency] ... had reasonable cause to believe I should be able to continue to do business and that I could pay all my liabilities."
  • Sheet 183: Oct. 15, order for second distribution of divi­dends $7,261.94 at 20 cents on the dollar.
  • Sheet 185: Nov. 11, 1857, oath Jameson said Curtis as individual owed him $15,353.83 in notes.
  • Sheet 193: Dec. 4, 1858, order for fourth meeting of credi­tors on Dec. 13.
  • Sheet 202: Dec. 13, 1858, Assignee's Account, recorded receiving $275 for sale of Curtis lot in Charlestown (not home) and $800 for sale of debtor's furniture; list of expenses including advertising and legal fees; $900 for services of Jameson and $109.75 for services of auctioneer N. A. Thompson.
  • Sheet 203: Dec. 13, 1858, order for third distribution of dividends $12,413.32 at 20 cents on the dollar. Total of the three distributions is $34,610.76, divide by 20 percent is $173,053.80, which is close to total proved debts, difference in part to small privileged payments not recorded here; see sheet 29, etc., above.
  • Sheet 205: May 25, 1859, Assignee's Account, balance $8.00 after expenses.

Case No. 117 of David P. Davis containing 16 "sheets."

  • Sheet 1: April 15, 1857, Debtor's Petition.
  • Sheet 2: April 15, Sheriff to take possession and call first meeting of creditors.
  • Sheet 3: April 29, list of creditors as known to Davis (10 names, including Jameson).
  • Sheets 6 & 13: Lists of three debts proved at creditors meetings totaling $1,005.76 as member of firm H&D and $791.27 as member BWCo., all total $1,797.03.
  • Sheet 15: July 16, Assignee's account; nothing received.
  • Sheet 16: Oct. 6, creditors assent to discharge (three signatures).
  • Sheet 17: Oct. 15, Davis affidavit:" ... I left the [BWCo.] and firm of [H&D] three years before the filing of ... [insolvency and therefore not liable] "for subsequent transactions of [BWCo.] ."

Case No. 118 of Edward Howard containing 62 "sheets" (no oaths by Rice nor Fessenden).

  • Sheet 1: April 15, 1857, Debtor's Petition.
  • Sheet 2: April 15, Sheriff to take possession and call first meeting of creditors.
  • Sheet 3: April 29, list of creditors as known to Howard (including Rice $650 cash, Curtis $16,549.25) totals over $90,000.
  • Sheets 22, 31, 41, 53, 62: Lists of debts proved at creditors meetings totaling $52,937.18 as individual, $2,497.46 as Howard & Davis, $8,515.02 as member BWCo.; all total $63,949.66.
  • Sheet 35: Petition of American Sewing Machine Co. owed $736.32 for tariff on sold machines and $342.60 in notes.  
  • Sheet 52: July 16, Assignee's account; nothing received except $7.13 from "collections."
  • Sheet 56: Filed Aug. 27, Interrogatories (19 questions) to Howard regarding contract with Rice, Rice's lease of factory, and removing "stock, materials, tools & fixtures" from factory (similar to Rice's in Curtis Sheet 153 above).
  • Sheet 57: Missing; only one in this case 118 [could it have contained the answers to the interrogatories?].
  • Sheet 58: Oct. 15, creditors assent to discharge.
  • Sheet 59: Oct. 15, Howard's affidavit: in essence Howard's property would have covered his own debts if Curtis hadn't failed with notes endorsed by Howard.

Case No. 119 of Aaron L. Dennison containing 29 "sheets."

  • Sheet 1: April 15, 1857, Debtor's Petition.
  • Sheet 2: April 15, Sheriff to take possession and call first meeting of creditors.
  • Sheet 3: April 29, list of creditors as known to Dennison (11 names including the Waltham Improvement Co.).
  • Sheets 10, 25, 22: Lists of debts proved at creditors meetings totaling $14,821.03 as member BWCo.
  • Sheet 23: July 16, Assignee's account; nothing received.
  • Sheet 27: Oct. 15, 15 creditors assent to discharge.
  • Sheet 28: Oct. 29, Dennison's affidavit: in essence sold his interest in company to Curtis more than six months prior to insolvency and therefore not liable.

Registry of Deeds, Norfolk County, MA (below is subset of 58 examined records).

  • Book 169, pp. 211 and 222: June 1, 1846, Howard, Davis & Stephenson purchase property (23,225 sq. ft.) between East & Yeoman streets from Sumner & Williams for the Clock & Balance factory with $4,243 mortgage from Sumner & Williams (East is now Hampden; Yeoman is now Norfolk at location of property).
  • Book 175, p. 154: Apr. 1, 184 7, Luther Stephenson backs out.
  • Book 182, p. 66: Jul. 15, 1848, Howard purchases property on Eustis Street for home (about 7,000 sq. ft.) from David Simpson for $1,500 and assumes Simpson's mort­gage of $978.77 with A. D. Williams.
  • Book 188, p. 211: July 15, 1848, Howard sells about half (4/7ths) of Eustis property to Davis for $10 + 1/2 mortgage.
  • Book 198, pp. 119 and 120: Nov. 1, 1850, Howard & Davis purchase property (6,250 sq. ft.) on corner of East & Prescott Streets from Sumner for the Boston Watch Company factory with $1,845 mortgage from Sumner.
  • Book 203, p. 248: Oct. 16, 1848 (not recorded until 1951), Howard adds lot (about 1,138 sq. ft.) to his Eustis home for $300.
  • Book 231, p. 177: Oct. 11, 1854, Howard & Davis re-mortgage the East & Prescott property with William B. Fessenden (a jeweler in Lowell, MA) for $6,000.
  • Book 232, p. 99: Nov. 24, 1854, Howard mortgages his Eustis St. property for $5,100.45 with Nathan W.C. Jameson, merchant in Cambridge, MA.
  • Book 241, p. 117: Dec. 4, 1855, Howard mortgages Eustis St. property with Curtis for $2,500 in addition to the mortgages with Williams (split with Davis) and Jameson.
  • Book 241, p. 118: Sept. 15, 1855, Howard & Davis mortgage the East & Yeoman property with Horace Barnes for $6,000 in addition to mortgage with Sumner & Williams.
  • Book 245, p. 42: May 1, 1856, Howard & Davis sell the East & Yeoman property to John T. Ellis (lumber dealer) for $1,000 plus mortgages to Sumner & Williams and Barnes.
  • Book 245, p. 54: May 1, 1856, Howard sells his Eustis Street property to Ellis for $1,000 plus mortgages.
  • Book 246, p. 28: May 29, 1856, Barnes sells East & Yeoman mortgage to William B. Fessenden for $6,000.
  • Book 253, p. 220: Mar. 14, 1857, Ellis sells the East & Yeoman property to William B. Fessenden for $1,000.
  • Book 257, p. 173: July 1, 1857, Fessenden sells Rice the East & Prescott property with its mortgages for $5,000 with provision that Rice can return it with 30 days notice.
  • Book 257, pp. 173-175: Jul. 16, 1857, Fessenden agrees to sell Rice the East & Yeoman property plus shares in the Waltham Improvement Co. and East Boston Iron Co. with three payments, last one due Nov. 16, 1958, totaling $11,626.43.
  • Book 274, p. 211: Apr. 16, 1857 (recorded Mar 26, 1859), insolvency of Howard & Davis (clockmakers).
  • Book 274, p. 212: Mar. 9, 1859, the East & Yeoman property with mortgages transferred to Rice.
  • Book 274, p. 258: Mar. 9, 1859, Fessenden releases the East & Prescott property to Rice.
  • Book 276, p. 101: Feb. 14, 1859 (recorded May 10), Jameson, Howard & Davis release rights to East & Prescott to Rice.
  • Book 276, p. 102: Mar. 31, 1859, Fessenden and Davis for­mally transfer rights to the East & Yeoman property to Rice.
  • Book 296, p. 142: Oct. 1, 1860, Howard purchases additional property (9,337 sq. ft.) from William H. Sumner adjacent and south of the East & Prescott property for $11,750 mortgage from Sumner.
  • Book 298, pp. 92 and 93: Apr. 30, 1861, Howard purchases the original East & Prescott property from Rice with $6,200 mortgage plus the Sumner & Williams mortgage.
  • Book 298, p. 94: May 1, 1861, Howard sells the East & Prescott addition to the Howard Clock & Watch Company.
  • Book 299, p. 95: June 14, 1861, Rice sells the East & Yeoman property to Merchants Bank of Boston.
  • Book 299, p. 187: June 19, 1861, Rice sells Howard's East & Prescott mortgage to Freeman's Bank of Boston.
  • Book 311, p. 204: Sept. 16, 1862, Davis sells his Eustis Street property for S500.

Registry of Deeds, Middlesex County, MA (below is subset of 20 examined records).

  • Book 678, p. 44: Mar. 31, 1854, George Lawton sells five acres of land to the WI Co.; Lawton holds mortgage.
  • Book 698, p. 465: Nov. 20, 1854, the WICo. sells 61,000 sq. ft. of property on Charles River (lot No. 1) to Curtis, Howard & Dennison (BWCo.) for $1,400.36.
  • Book 698, p. 468: WICo. holds $7,380.57 mortgage on above; recorded WICo. took possession of property on Mar. 3, 1857.
  • Book 718, p. 489: Nov. 20, 1854, Curtis, Dennison & Howard (BWCo.) takes second mortgage, $15,000 from William B. Fessenden; recorded Fessenden discharges mortgage on May 22, 1857, having received full payment.
  • Book 729, p. 9 and Book 736, p. 371: Nov. 1, 1855, WICo. sells BWCo. second parcel of land (9,000 sq. ft.) and holds mortgage; foreclosed Mar. 3, 1857.
  • Book 749, pp. 52 and 54: July 15, 1856, WICo. sells BWCo. third parcel of land (12,000 Sq. ft.) and holds meeting; foreclosed Mar. 3, 1857.
  • Book 768, pp. 7, 8, and 9: Apr. 16, 1857, Dennison, Howard & Curtis assign their property to assignee Jameson.
  • Book 768, p. 176: May 9, 1857, Jameson transfers the BWCo. property (but only the first 61,000 sq. ft. parcel), to Royal Robbins for $8,500 plus its incumbencies.
  • Book 799, p. 15: Aug. 13, 1858, Robbins sells watch factory to WICo. for $8,500 and outstanding BWCo. mortgages.
  • Book 817, p. 69: Jameson transfers the above second and third parcels of land to the American Watch Company for $32 "in pursuance of a sale at public auction of said premises May 24, 1859."