The Illinois Watch Company was founded on December 23, 1870, in Springfield, Illinois, by John C. Adams, John Whitfield Bunn (1831–1920), and various additional financiers. Twenty years later, Jacob Bunn, Jr., (1864–1926) took over and ran the company until his death in 1926. The Bunn family surname was used in their most famous railroad watch, the Illinois "Bunn Special".
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