How it started
History
The Lamson Cash Carrier Company, was established in Lowell, Massachusetts and was founded by William Stickney Lamson and Meldon Stephen Giles in January 1882 to manufacture his invention of the Cash Ball system.
In 1884, John Magrath Kelly, an Irish-American from Boston, became an agent for the Lamson Cash Carrier Company in London, and the British Company was founded. By 1888, the Lamson Store Service Company Ltd was established at 1 Charlotte Street, Bedford Square, London, WC. With capital of £85,000 (£9,552,078 as of 2025) the company had rights to the ball system for Europe, Africa, Australia, New Zealand and the Middle East, with UK patent 18566.
In 1889, the company was renamed the Lamson Paragon Supply Company through an amalgamation of the Paragon Check Book Co with the Lamson Store Service Company. Shortly afterwards, they started selling the Rapid Wire systems in Britain.
In 1897, the Bostedo Package and Cash Carrier Company launched its products in Britain. It was bought out two years later when Lamson renamed it the Lamson Pneumatic Tube Company.
Subsidiary companies were established in Australia in 1889 and New Zealand in 1905. In 1911, all manufacturing was consolidated at a single factory on Hythe Road, Willesden Junction, northwest London.
From Wikipedia’s article on Lamson Engineering Company Ltd, shared under CC BY-SA 4.0.2