In 1911, Jay Randolph Monroe first saw the Baldwin Calculator, the invention of Frank Stephen Baldwin. Although Mr. Baldwin's machine had been patented in 1874 and had been judged by the Franklin Institute as the most noteworthy invention of that year winning the John Scott Medal, it had not been developed for commercial use. Mr. Monroe recognized the merits of the Baldwin Calculator, and in April 1912 he organized the Monroe Calculating Machine Company, and in a small rented room near Newark, New Jersey, the manufacture of the first Monroe Adding-Calculator was begun.