Sears Roebuck & Co.

Sears entered the gas engine business during the 1890s, selling the Otto gas engines for a time. Various other makes followed, with the company offering Various extensive line of Kenwood engiens b 1903. Vertical tank cooled designs were available, along with a series of heavy duty tank cooled designs. About 1907 Sears & Roebuck contracted with Charles A. Stickney Company of St. Paul, Minnesota to market the Stickney engines. These were slightly modified and sold by Sears as either the Kenwood or fulton engines. At some earlier point, Sears als marketed Stickney’s vertical engine, selling it as the AHrvard model. The Sears-Stickney honeymoon ended when the latter filled suit against Sears & Roebuck, claiming that Sears was unfairly cutting prices. After parting company with Sears & Roebuck, the Stickney people announced that after January 1, 1909, engine repairs could no longer be purchased from Sears & Roebuck.

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history

In 1886 Richard Warren Dears quit his job with the railroad to set up a mailorder business in Minneapolis, Minnesota. Operating under the title of R. W. Sears Watch Company, sears moved to Chicago the following year. At this point he formed a partnership with Alvan Curtis Roebuck. During the next few years the compant moved from Chicago back to Minneapolis, finally moving once again to chiago in 1895. During this entire period the company prospered. Roebuck left the company in 1895, but Sears took on two new partners. Their new company was initially capitalized at $150,000 with Sears having a one-third interest. Phenomenal success came year after year, and soon the Sears, Roebuck Company was firmly established as one of America’s leading mailorder houses. Their balance sheet for the latter half of 1908 showed a net profit of nearly $2 million for the six month period. Book value of the company assets totalled almost $40 million by that time.

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