Bette Nesmith Graham fluid as "Mistake Out" in 1956. The name was later changed to Liquid Paper when she began her own company. Mistake Out started the 1960s operating at a small loss, with Nesmith's home doubling as company headquarters. As the product became an indispensable tool of the secretarial trade, Nesmith relocated production and shipping from her kitchen to a 10 feet-by-26 feet portable metal structure in her backyard, where packaging, shipping, and production were centered. Bette Nesmith married Robert Graham in 1962; he joined her in running the company. They divorced in 1975. She sold Liquid Paper to the Gillette Corporation
John Nesmith and farsighted men of affairs. John Nesmith became interested in the manufacture of blankets, flannels, printing cloths, sheetings and other textile fabrics and that became eventually his principal vocation. He became agent or part owner in mills in Lowell, Dracut, Chelmsford, Hooksct and other places, and managed those enterprises with almost unvarying and uninterrupted success. He was also a large stockholder in the Merrimack Woolen Mills Company. Appreciating more than any other man the natural advantages of the water powers which have made Lowell what she is, he bethought himself of securing the supply of water in Winnepesaukee and Squam