Charles R. Flint arranges the merger of the International Time Recording
Company, Computing Scale Company, and the Tabulating Machine Company to
form the Computing-Tabulating-Recording Company (C-T-R). The new company
is based in New York City and has 1,300 employees. George Fairchild
becomes the first chairman of the board of directors. C-T-R will be
renamed International Business Machines Corporation in 1924.