Robert H. Ingersoll Explained
Robert Hawley Ingersoll was an American businessman known for founding the Ingersoll Watch Company with his brother Charles and producing the "Dollar Watch," the first inexpensive, mass-produced pocket watch.[1]
Biography
Robert H. Ingersoll was born on December 26, 1859, in Delta, Michigan, to Orville Boudinot Ingersoll and Mary Elizabeth Beers.
Robert moved to New York City in 1879 and entered the employment of his brother Howard, making and selling rubber stamps. In 1880 Robert opened his own wholesale business, also selling rubber stamps. In 1881 he was joined by his brother Charles Henry Ingersoll (1865–1948).[2]
The first Ingersoll watches, called "Universal" were introduced in 1892, supplied by the Waterbury Clock Company. In 1896 Ingersoll introduced a watch called the Yankee, setting its price at $1. This made it the cheapest watch available at the time, and the first watch to be priced at one dollar: the "dollar watch".
William H. Ingersoll was later a partner in the business.[3]
On June 22, 1904, in Muskegon, Michigan, he married Roberta Maria Bannister.
Ingersoll bought the bankrupt New England Watch Company in 1914 and renamed it the Ingersoll Watch Company.
The company went bankrupt in 1921 after over-expansion during World War I.[4] Its assets were sold to the Waterbury Clock Company, the predecessor of the modern day Timex Group USA.
His wife was involved in an attempted murder-suicide in 1926 when she shot her lover and then took her own life with a gunshot to her breast.[5]
Robert H. Ingersoll died on September 4, 1928, in Denver, Colorado.[6]
Further reading
Notes and References
- Cutmore, M. "Watches 1850 - 1980". David & Charles, Devon, UK. 2002.
- Robert F. Tschudy, "Ingersoll, the watch that made the dollar famous", Bulletin of National Association of Watch and Clock Collectors, Vol. V, No. 3, April 1952.
- News: W. H. Ingersoll, 66, Is Dead In Jersey. Ex-Partner in 'Dollar Watch' Company, Marketing Expert, Succumbs Changing Tire . William H. Ingersoll of 527 Willow Avenue, Garwood, N.J., a former partner in Robert H. Ingersoll Bro., makers of the famous "dollar watch," and later a leading advocate of price maintenance, died here yesterday afternoon of a heart attack while changing a tire on his automobile at the corner of Edison Place and McCarter Highway. He was 66 years old. .... . August 25, 1946 . 2015-04-18 .
- News: Ingersoll Watch Makers Bankrupt. Receiver for Robert H. Ingersoll & Brother Named on Petition by Creditors. Liabilities are $3,000,000. Assets Placed at $2,000,000, Not Including Good-Will. Reorganization Is Planned . Robert H. Ingersoll Brother, manufacturers of the Ingersoll "dollar watch" were placed in the hands of a receiver yesterday by Federal Judge Augustus N. Hand. The liabilities are approximately $3,000,000 and assets about $2,000,000. Edward S.H. Child, attorney, 59 Wall Street, was appointed receiver. ... . . December 28, 1921 . 2015-04-18 .
- News: Mrs. R.H. Ingersoll Shoots Her Admirer And Ends Own Life . Wife of Watch Manufacturer Wounds W.M. Probasco in Quarrel, Turns Gun on Self. Tragedy In Park Av. Home. Shooting Laid to Her Anger at Break Because He Had Become Reconciled With Wife. Families Long Divided. Mrs. Ingersoll Had Been Married 22 Years, Wounded Man 14. He Is In Bellevue Seriously Hurt. Mrs. Robert Hawley Ingersoll, wife of the retired watch manufacturer, was found dead with a bullet through her breast yesterday afternoon in her apartment at 55 Park Avenue. Lying on the floor of an adjoining room was Wallace M. Probasco of 72 Irving Place with two bullet wounds in his breast and with his right arm broken by another bullet. . . December 20, 1926 . 2015-04-18 .
- News: . Robert Ingersoll, Watchmaker, Dies. Originator of Famous $1 Timepiece Succumbs After Long Illness in Denver. He Was 68 Years Old. His Wife a Suicide in This City in 1926. Body to Be Brought Here for Burial . Robert H. Ingersoll, watch manufacturer and originator of the Ingersoll dollar watch, died yesterday at a sanitarium, where he had been a patient ... . . September 6, 1928 . 2015-04-18 .