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Jay Randolph Monroe

Jay Randolph Monroe III
Jay Randolph Monroe, 1919.jpg
Born (1883-01-06)January 6, 1883
South Haven, Michigan
Died April 29, 1937(1937-04-29) (aged 54)
Orange, New Jersey
Education University of Michigan, 1906 (LL.B.)
Known for Monroe Calculating Machine Company
Spouse(s) Bette Belle Baughman (July 25, 1888 – May 12, 1923)
Edith House Montgomery (– 1931)
Ruby Ethlyn Wheeler (Jun 2 1895 –)
Children Jay Randolph Monroe, IV (September 3, 1911 – 1914)
Marjorie Belle Monroe (March 28, 1913 –)
Malcolm Monroe (April 29, 1917 – November 21, 1988)
Marilyn Monroe (–)
Parents
  • Lyman Sylvester Monroe (father)
  • Carrie Jane Curtis (mother)

Jay Randolph Monroe III (January 6, 1883 – April 29, 1937) was an American who founded the Monroe Calculating Machine Company in 1912.

He was born in South Haven, Michigan, January 6, 1883. His father, of Scotch descent, was a Michigan banker. Jay was named after his grandfather, Judge Jay R. Monroe, the founder of the town of South Haven, Michigan, and for his uncle, Jay R. Monroe, Jr., a banker in Kalamazoo, who died at an early age. Jay grew up on the shores of Lake Michigan where he first took an interest in sailing. The son received a thorough classical education in the John B. Stetson University, Florida from 1893 to 1900, Kalamazoo College Preparatory School, Michigan to 1901, Kalamazoo College, Michigan to 1903, and was graduated, LL.B., at the University of Michigan in 1906. He began his business career in the employ of the Western Electric Company of Chicago in 1906 not as a lawyer, but as a clerk.

In 1907 he was transferred to Pittsburgh where he married Bette Belle Baughman on August 22, 1908, and in 1910 he was transferred to the New York office, as general chief clerk.

In 1912 he founded the Monroe Calculating Machine Company with Frank Stephen Baldwin, having first purchased Mr. Baldwin's patents. Jay's first cousin, Stephen B. Monroe, and a group of his associates in Kalamazoo, provided the original capital.

Mr. Monroe was also the president of two subsidiaries, the Gardner Company, adding machine manufacturers, and the Defiance Manufacturing Company, check writing machine manufacturers. He was also vice president of the Monroe Realty Company founded by his father, a director of the Maplewood Bank of Maplewood, New Jersey, where he long made his home, president of the Calculator Equipment Corporation, and a director of the Saving Investment and Trust Company of the Oranges in New Jersey.

On June 2, 1923, Mr. Monroe incorporated himself as a personal holding corporation in New Jersey. On September 7, 1926, this corporation purchased a house at 6 Halsey Place in South Orange, New Jersey for Mr. Monroe to live in. The house was described as:


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