Perkins Bacon - Origins

Origins

Jacob Perkins was a successful inventor who additionally invented and sold "soft steel" plates for engraving that were hardened after being engraved. The plates were between one and three inches thick, and some weighed fifty pounds. He produced some currency in the USA, and with engraver Gideon Fairman produced the first books to be engraved on steel in the USA. Several eight-page books Perkins and Fairman's Running Hand. They produced currency for Massachusetts, and had won the contract for the new USA National Bank's currency. They were from Boston, Massachusetts.

Jacob Perkins was enticed to come to England by Charles Heath, because of all the world's currency, Perkins' notes were considered the best. He arrived with Gideon Fairman and Asa Spencer and set up shop as Perkins and Fairman in London, and worked exclusively for several months on the attempt to win the Bank of England project. After a few months, Perkins was indebted to the Heaths for a small sum. Perkins and Fairman added Charles Heath as a partner, and moved their shop to 69 Fleet Street. Charles Heath at times owned half the company.

Jacob Perkins, Gideon Fairman, George Heath (financial contribution only), and Charles Heath formed "Perkins, Fairman, and Heath". They produced some books, stamps, one-pound notes for English banks, and currency. The stamps were the first stamps in the world to have adhesive. Jacob Perkins and Charles Heath also had other successful businesses going at the same time.

Perkins and Charles Heath were not as successful with their finances. They did have good accounting of any debts to the company, and shares sold between themselves, and percentage ownership of every project.

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