The Computing-Tabulating-Recording Company (CTR) was a holding company of manufacturers of record-keeping and measuring systems subsequently known as IBM. In 1911, financier and noted trust organizer, "Father of Trusts", Charles R. Flint amalgamated (via stock acquisition) four companies: Bundy Manufacturing Company, International Time Recording Company, the Tabulating Machine Company, and the Computing Scale Company of America; creating a fifth company – the Computing-Tabulating-Recording Company. CTR was renamed as the International Business Machines Corporation (IBM) in 1924.