Peirce Accounting Machine
The Peirce was not a typewriter. It was intended for the bookkeeping and banking because, as its 1907 patent states, the Peirce was a perforating machine, like a check protector. Hence its name, the Peirce Accounting Machine. The inventor of the Peirce was John Royden Peirce of New York. The machine was produced ca.1912 by the Peirce Accounting Machine Company. The company was purchased by the Computing-Tabulating-Recording Company (C-T-R) in 9121 which would then become IBM in 1924.
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