James Henry Rand Jr.

James Henry Rand Jr. (1886 - 1968)

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James Henry Rand Jr.
Born in New York, NYmap
Ancestors ancestors
Husband of [private wife (unknown - 1920s)]
Descendants descendants
Father of [private daughter (1910s - unknown)], [private son (1910s - 1970s)] and [private son (1910s - 1970s)]
Died in Freeport, Bahamasmap
Profile manager: Jim Rand private message [send private message]
Rand-1 created 8 Dec 2008 | Last modified
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Categories: Notables | Business Leaders | Philanthropists.

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Biography

James Henry Rand, Jr. was born November 18, 1886 in New York.

James Jr. graduated from Harvard University in 1908. He married in 1910 to Miriam Smith. Together they had three children, one daughter and two twin sons. His wife, Miriam died in 1927.

Before 1918, James Jr. had served three years with the National Guard of NY.

By 1920 with the three children and his wife, Miriam; the children were: Miriam born 1911, James H. the 3rd born Feb. 23, 1913 (died Nov. 1978) and his twin Marcell Nelson born Feb. 23,1913 (died July 1, 1979).

Between 1908 to 1915 James Jr. worked with his father at the family business, Rand Ledger Corp. After a disagreement with his father on running the business, James Jr. created a new company called American Kardex that dealt in filing systems and office supplies, mostly used by medical offices. This was in 1915. His ideas centered on "making business simpler."

It became a huge company by 1920. In 1925, James Jr. purchased the Rand Ledger Corp. with his father serving as chairman of the company. From 1927 to 1929 James Jr. purchased and merged many similar companies, including companies manufacturing carbon paper, binders, adding machines, filing cabinets and office safes.

In 1927 he created the big merger of Rand with Remington Typewriter Company. Remington had the noiseless typewriter in 1909 and electric typewriters in 1925. With the merger of these two giants, the new Remington Rand Co. carried the varied supplies purchased by banks, businesses, libraries, insurance companies and government agencies.

Also during the 1920s James Jr. became involved with racing speed boats.

James remarried, Evelyn Huber in 1929. She was born in 1890 but died in 1934. The Rand family was living on Park Avenue in New York City during the 1930s.

In 1931, James Jr. was the President and Chairman of the Board of Remington Rand Inc. With the Great Depression of the 1930s the Remington Rand Inc. was hurting economically. He worked with many banks and federal agencies to promote the economy. James encouraged the U.S. Government to get off the gold standard. He had a great deal of influence and greatly help set federal economic policy during the 1930s.

Between 1936 and 1937, James Jr. also had major strikes and union disputes involving workers at the Remington Rand plants. He felt he was "at war" to break these strikes however he could.

In 1937, James Jr.'s company developed the Remington electric shaver, a major product for the company.

Rand's interest in speed boats helped save three lives. While Rand was power boating in Long Island Sound in 1939, he encountered a small boat which had capsized. The three women who had occupied the boat were near drowning when Rand's boat came upon the wreck. At age 53, Rand, jumped into the water and helped pull the women to safety. He was greatly praised for personally saving the three women's lives.

With the US in the war during the 1940s, James Rand Jr. transformed the Remington Rand Inc. into a major defense contractor. The company manufactured parts; like propellers, loading equipment, along with weapons for the U.S. military, including bomb fuses, bombsights and the M1911 pistol. Durng this time his father, James Sr., the founder of the originial company died in 1944.

The Eckert-Mauchly Company was one of the early businesses to develop computers in 1947 and the Remington Rand Inc. purchased that company in 1950. In 1952, retired General Douglas MacArthur was appointed Board Chairman for Remington Rand Inc. By July 1955 Remington Rand merged with Sperry Corp. to become Sperry-Rand which would pioneer the manufacturing of computers in the coming years.

By 1958, James Jr. stepped down from complete control of the company, turning it over to Kenneth R. Herman as company president. His son, Marcell N. Rand did go into the family business and served as executive vice president and general manager of Remington Rand Inc.

Over the years, the company went from sales of $5 million a year in 1927 to $500 million in 1954.

In the mid-1950s, James started many private developments in South Florida as a winter resident in Stuart (living on Cardinal Street) in Martin County. In 1956, 15 acres of land was purchased in Stuart on East 7th Avenue. On it was built a private Public Health Research Foundation Laboratory. Its research involved developing cures for cancer, high blood pressure and heart disease. He was the major contributor to its development. He donated alone $200,000 in 1957. Rand became the head of the non-profit foundation of this Public Health Research Lab.

James also contributed to the establishment of the Florida Oceanographic Society in 1964 and its first facilities were at the Foundation Laboratory on East 7th Ave.in Stuart. Its purpose was to support the study of marine sciences and to provide information to the public.

In Martin County, FL, James had a 400-foot ocean pier erected in 1959, at his residential development called Seminole Shores, part of his Tuscbay Properties. That area was later developed after his death into a high end residential development and called Sailfish Point.

The favorite pier of the community was demolished in 1978 by Mobil Land Development, who were the later developers of Sailfish Point.

James and his 3rd wife, Dorothy Louden Steveson moved to Freeport, Bahamas in 1962. He donated a great deal of money for the advancement of medical care by building a hospital. Also a library for the community was donated by Rand in the Bahamas.

Financial problems with the IRS started in 1966 for James Rand Jr. with them suing him for $35 million in back taxes. He fought with the IRS until his death on June 3, 1968 in Freeport, Bahamas Islands. This conflict caused a hindering of any true medical or marine research at the Lab over the last few years. Also financial liens were placed on the Stuart Laboratory property by the IRS.

The Stuart Laboratory property (and buildings) on East 7th Ave. was then closed down by 1969 and the property given to Harvard University (as stated in Rand’s Will as he was an alumni of Harvard). The value of the property and buildings in early 1970 was set at $2 million.

By May of 1970, Harvard had the IRS liens released on the East 7th Ave. property so they could sell the property and then build a public health complex in the NE section of the country, closer to Harvard.

The Remington Rand Inc. became Remington Rand Products Company later and then sold in 2003 to Rayovac. By 2005 Rayovac changed their name to Spectrum Brands.

James Rand Jr. did make a contribution to the business world for decades by making the work easier using the right tools. He then donated a good portion of the family wealth to benefit others.



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DNA
No known carriers of James's Y-chromosome or his mother's mitochondrial DNA have taken yDNA or mtDNA tests and no close relatives have taken a 23andMe, AncestryDNA, or Family Tree DNA "Family Finder" test.

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Images: 2
Remington Rand Typewriter
Remington Rand Typewriter

1949 AD for Remington Rand Typewriter
1949 AD for Remington Rand Typewriter

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