. The watch factories of America, past and present. A complete history of watchmaking in America, from 1809 to 1888 . - advanced a cash capital of $31,000, con-sisting of seven shares of $3,000 each. These shares were. THK FACTORY OF THE KEYSTONE WATCH COMPANY, LANCASTER, PA. owned by A. Bitner, S. F. Rathfou, John Best, Bitner &Hostetter, Eshelman & Rathfou, J. P. McCasky, and H. Work -was commenced Sept. i, 1877, and a newmovement was designed and modeled. It was a three-quarter plate, full jeweled. In the fall of 1878 the capitalstock was increased $35,000, mainlv throu
. The watch factories of America, past and present. A complete history of watchmaking in America, from 1809 to 1888 . - advanced a cash capital of $31,000, con-sisting of seven shares of $3,000 each. These shares were. THK FACTORY OF THE KEYSTONE WATCH COMPANY, LANCASTER, PA. owned by A. Bitner, S. F. Rathfou, John Best, Bitner &Hostetter, Eshelman & Rathfou, J. P. McCasky, and H. Work -was commenced Sept. i, 1877, and a newmovement was designed and modeled. It was a three-quarter plate, full jeweled. In the fall of 1878 the capitalstock was increased $35,000, mainlv through the efforts ofMr. A. Bitner. 88 THE WATCH FACTORIES OF AMERICA The company was reorganized Oct. 31, 1S78, under thename of the Lancaster, Pa., Watch Company, Limited,with a capital of $160,000. The old model adopted hy thecompany not proving satisfactory, a new one was ordered,but before any of this pattern could be placed upon the mar-ket the company again found itself short of ready attempt was made to borrow money, but owing to amisunderstanding among the stockholders, this proved afailure. A new company was formed May 9, 1879, underthe title of the Lancaster Watch Company. The new com-pany leased th
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