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A title by Chauncey Jerome, who was a Clockmaker in the early 1800s. He made a fortune selling his clocks, and his business became enormous. Deciding to go into business for himself, Jerome began to make cases, trading them to Terry for wooden movements. In 1850 he formed the Jerome Manufacturing Co. as a joint-stock company with Benedict & Burnham, brass manufacturers of Waterbury. His future should have been secure but in 1855 he bought out a failed Bridgeport clock company controlled by P.T. Barnum, which wiped him out financially, leaving the Jerome Manufacturing Co. bankrupt.
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A title by Chauncey Jerome, who was a Clockmaker in the early 1800s. He made a fortune selling his clocks, and his business became enormous. Deciding to go into business for himself, Jerome began to make cases, trading them to Terry for wooden movements. In 1850 he formed the Jerome Manufacturing Co. as a joint-stock company with Benedict & Burnham, brass manufacturers of Waterbury. His future should have been secure but in 1855 he bought out a failed Bridgeport clock company controlled by P.T. Barnum, which wiped him out financially, leaving the Jerome Manufacturing Co. bankrupt.