Early Years
Patterson was born in 1844 on the family farm near Dayton, Ohio. After graduating from Dartmouth College, he worked on his father's farm, collected tolls on the Miami and Erie Canal, and ran a coal yard with his two brothers. As the general manager of the Southern Coal and iron Company at Coalton, Ohio, he ran the company store. The books showed that the store should have made a profit of $12,000 a year, it was actually losing $6,000 per year due to dishonest clerks. After buying two of "Riddy's Incorruptible cashier" machines form the National manufacturing Company, Patterson and his brother bought the company in 1884, renaming it "National Cash Register, Inc."
Read more about this topic: John Henry Patterson (NCR Owner)
Famous quotes related to early years:
“Parents ... are sometimes a bit of a disappointment to their children. They don’t fulfil the promise of their early years.”
—Anthony Powell (b. 1905)