In a post last year I showed a mail order form from 1914, when Lefax was basically a subscription service, distributing engineering data on loose leaves for $2 per year. Philofaxy reader Gemma had commented on the unexpected Standard Corporation publisher. This set me wondering further about those early years – what was the Standard Corporation, and how did it relate to Lefax?
The organisation then was a privately owned business, focused on serving engineers and scientists.
This audience also provided the material being published as the data leaves.
My suspicion is that shares in Lefax Inc. may have been offered as stock, while Standard Corporation took on the guise of more of a co-operative enterprise that conducted research, and perhaps served as a regulating corporation for industry.
For example, this first issue of Lefax Pocket Magazine from Sep/Oct 1924 describes the Standard Corporation as offering a service to protect the ideas of inventors who wanted to develop them further before seeking patents (at which point they would have had to make those ideas public).
Thank you Max for your guest post, it would indeed be interesting to know more information on the history of the original company.