STRIKES IT RICH!

Attorney Schwartz Lands a Fortune by Inventing a Typewriter

Lawyer W. B. Schwartz, 1130 Brookside ave., has invented a typewriter, which he has sold to the typewriter trust for something like $50,000 down and $3,000 a year to remain out of the typewriter inventing business until 1901.

The machine is a type-bar model. The type bars strike forward from the basket in the front of the machine in which they rest. The oscillating pointer directly in front of the platen shows exactly where the type will strike the paper. Mr. Schwartz has been invited to go into the trust and work out other ideas, but thinks he will continue his law practice. The company owning the patents when they were sold was composed of W. B. Schwartz, C. L. Holowel, Dunrieth, Ind., and Theodore Harrison, of Indianapolis.

“Strikes It Rich!,” Indianapolis Sun (Indianapolis, Indiana), 21 July 1899, p. 3, col. 2; digital image, Newspaper Archive (http://www.newspaperarchive.com : accessed 7 March 2014).