125:, resulted in an agreement between Segal and Gillette. The former agreed to discontinue the manufacture of razor blades which infringed the Gillette patent. Segal continued to manufacture its own razors and blades which fit their own razors. However they were forced to discontinue making blades which also fit razor handles made by Gillette.
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In August 1926 the business purchased a square block on Ferris Street, Sullivan Street, and
Walcott Street for use as a factory and foundry to make Segal locks. Segal owned two large factory buildings, a foundry, and a machine shop on this property with the addition of this real estate. The combined
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The corporation introduced a single-unit safety razor in late 1930, a low-priced product designed to use only Segal double-edged blades. The following year Segal placed on the market the
Unimatic Segal Razor, a one-piece razor which accepted a double-edged blade. The firm entered a contract with
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lock eliminated a horizontal bolt, concentrating on the hinge principle. Segal had noticed that burglars forced locks but never hinges. The firm's beginning was aided by a few more policemen. The original capital was approximately $ 1,000. Segal and his associates refused $ 1,000,000 in cash for
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The company acquired a controlling interest in the
Norwalk Lock Company and the Universal Razor Blade Corporation in 1929. Stockholders approved an increase in the authorized stock of the company to 400,000 shares, of which 300,000 shares were outstanding.
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In
November 1927 the Segal Lock and Hardware Company announced the sale of 5,000 shares of common stock and 5,000 shares of preferred stock. The stock was placed privately with no public offering made.
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their fifty separate lock patents. Shortly before her death Mrs. May
Stevenson Segal, wife of Samuel Segal, invented a burglar-proof lock, which was marketed to a leading lock manufacturer.
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floor area was 160,000 square feet (15,000 m). Segal planned to add three more large buildings at an approximate cost of $ 500,000. The property fronted the waterfront in the
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section of
Brooklyn. The development enabled Segal to move two plants from Connecticut and its warehouses from Manhattan. Employment was to increase to 1,600 persons.
32:, in the mid-1920s. The Segal Safety Razor Corporation was a subsidiary of the Segal Lock and Hardware Company. The business was at first known as the
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in June 1931. The agreement was for a long term of years and stated that the cigar interest would feature and distribute Segal razors and blades.
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October 1933 the Segal Lock and Hardware Company was awarded a contract to provide the finishing hardware for 1,595 apartments in the
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Segal announced plans to introduce a new type of single-edged razor blade and a new aluminum window in mid-1946.
24:, was a leading manufacturer of hardware merchandise and razor blades in the 1920s and 1930s. Established in
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Strauss
Fasteners Inc. was acquired by the Segal Lock and Hardware Company in February 1947.
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factory buildings to
Macklett Laboratories, manufacturer of X-ray tubes, in March 1934.
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117:, asking $ 2,000,000 in a loss of blade contract. The suit claimed a violation of the
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detective in 1912, through his invention of a nearly burglar-proof lock. The vertical
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306:"Segal Lock to Offer Common at Subscription Price of $ 4 a Share",
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In
October 1931 the Segal Lock and Hardware Company sued
88:. It was made possible by a loan of $ 8,075,000 from the
319:"Segal Lock & Hardware Acquires Strauss Fasteners",
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Defunct manufacturing companies based in New York City
39:Segal was started by Samuel Segal, formerly a
84:. This was a model housing development in the
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254:"Segal Lock Offering A New Unimatic Razor",
158:'"Pay On Bonus Basis Voted Gillette Chief",
345:"Agreement Settles Gillette-Segal Suits",
143:"Lock Company Buys Factory In Brooklyn",
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28:and Manhattan, the firm relocated to
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267:"Segal Lock-United Cigar Stores",
90:Reconstruction Finance Corporation
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52:History, expansion of corporation
18:Segal Lock and Hardware Company
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239:"Segal Lock & Hardware",
323:, February 11, 1947, pg. 14.
293:"Segal Lock Sells Factory",
230:, September 7, 1929, pg. 28.
198:, November 16, 1927, pg. 40.
284:, October 16, 1933, pg. 13.
226:"Stock Increase Approved",
121:. Another suit, decided in
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349:, November 4, 1932, pg. 7.
245:, October 20, 1930, pg. 3.
214:, August 21, 1929, pg. 39.
210:"Segal Lock Plans Issue",
194:"Segal Lock Sells Stock",
176:"Mrs. Samuel Segal Dies",
149:, August 19, 1926, pg. 32.
34:Burglar-Proof Lock Company
336:, October 6, 1931, pg. 8.
332:"Sues Gillette Company",
280:"Segal Lock Gets Order",
310:, June 19, 1946, pg. 16.
297:, March 16, 1934, pg. 4.
258:, August 5, 1931, pg. 3.
162:, June 11, 1931, pg. 45.
391:40.679778°N 74.015806°W
271:, June 26, 1931, pg. 4.
180:, July 5, 1957, pg. 17.
396:40.679778; -74.015806
123:Boston, Massachusetts
119:Clayton Antitrust Act
97:Stamford, Connecticut
95:The company sold its
82:Knickerbocker Village
425:Male grooming brands
415:Personal care brands
368:Samuel Segal Patents
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347:Wall Street Journal
321:Wall Street Journal
308:Wall Street Journal
295:Wall Street Journal
282:Wall Street Journal
269:Wall Street Journal
256:Wall Street Journal
242:Wall Street Journal
75:United Cigar Stores
22:Manhattan, New York
59:Red Hook, Brooklyn
30:Brooklyn, New York
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26:Connecticut
409:Categories
129:References
109:Litigation
45:deadbolt
16:The
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