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Through the first two decades of the twentieth century the company grew and prospered.
During its peak years the company produced 60,000 watches annually and employed nearly 600 employees.
On July 8, 1957, a fire started in the old factory and destroyed the last evidence of a once world famous factory.
South Bend followed a fairly predictable pattern in the designation of their numbered watch grades.
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With the onset of the Depression, the company found itself with many delinquent accounts and the banks were unwilling to cooperate in those unstable times.
This and the fact the company never switched to production of men’s wristwatches was responsible for their eventual demise.
Most ads carried the following line: “Directed by members of the Studebaker family—known for three-quarters of a century for fair dealing.” The Studebaker watches were sold on a credit basis and could be purchased with a down payment of only one dollar.
i will be in touch thanks Nancy Expert's Assistant: Is there anything else the Antiques Appraiser should be aware of?