Name: Maurice Kenyon TAYLOR
Given Name: Maurice Kenyon
Birth: 26 Jun 1908
Death: 29 Jun 1986
Burial: 1986 Mindemoya Cemetery, Manitoulin Island, Ontario, Canada
Change Date: 20 Jan 2014 at 20:20
Toronto Star, February 15, 1985
Investors around the world look up to this firm's product
Display boards manufactured by Mississauga company help exchanges work
By George Brett Toronto Star
When stock, commodity or currencey exchanges in Chicago, Winnipeg, Minneapolis, Seoul, Kuwait, Kansas City, Sao Paulo or Kuala Lumpur want to show a lot of up-to-the-minute information clearly, they call on Ferranti-Packard Electronics Ltd. of Mississauga.
From the first sale of a display board to the Montreal Stock Exchange (now the Montreal Exchange) in 1966, the electronics company has gone on to capture aobut 90 per cent of the world-wide market for what Ferranti-Packard vice-president Don Smart calls "the big boards."
Late last year, the company announced display-board sales to the Tokyo Stock Exchange (a second system to supplement one Ferranti-Packard had put in in 1973) and to the Rome exchange. It has begun 1985 with an $825,000 sale to the MIlan exchange.
The Toronto Futures, Exchange also has a Ferranti-Packard display system, though the Toronto Stock Exchange, equipped with numerous electronic tickers, operates without big-board displays.
Smart, general manager of the display division, admits that 18 years is a long time for the life of a single product in today's fast-paced electronics world.
"But there isn't anything that has come along int he intervening years that does the job as well. It's about the only product around suitable for very large-character boards, to display information over a wide area to a lot of people."
Smart said all the company's displays are made from standard parts but vary in size and layout.
"They go together in a way customized for each installation, depending ont the size of the trading floor and the number of displays required."
The chief engineer in the development of the long-lived display boards, M.K. Taylor, "was playing around loooking for a low-energy display" not specifically related to stock exchangeds, Smart said.
Taylor, now retired and living on Manitoulin Island, "came up with the idea of rotating electro-magnetic discs."
The discs flip over to show either a black side (which blends with the black background) or a readily visible colored fluorescent side. Maintenance is minimized because there are no lamps to burn out.
The boards can operate under the control of a mainframe computer or a stand-alone system. Ninety-five per cent of production is exported.
Smarat said that as well as the cities named above, Ferranti-Packard's Canadian-developed display boards also carry the latest mraket numbers for the Swiss Bank Corp., Sotheby Parke Bernet, Morgan Guaranty Trust and the New YOrk Commodities Exchange center, all in New York.
That's in addition to the London International Financial Futures Exchange, the Turin stock Exchange, the Connecticut Bank and Trust Co. in Hartford and Stamford, the First National bank of Chicago and the Brazilian Mining Exchange.
Ferranti-Packard Electronics is a subsidiary of NEI Canada Ltd., wholly owned by Northern Engineering Industries Ltd. of the U.K.
Maurice Kenyon Taylor
Maurice Kenyon Taylor, one of Canada's foremost inventors and a long-time resident of Mindemoya, died on Saturday June 29 of lung cancer, three days after his 78th birthday. His end came during a violent but unexpected thunderstorm on an otherwise beautiful sunny day.
Kenyon was well known to Mindemoya residents as a charter member of the Central Manitoulin Lions Club, and as the editor of the Lions Bulletin from 1976 to 1984. With his wife, Maggie, and cousin, Ba, he first bought land for a cottage in 1968 and moved permanently to Mindemoya from Toronto in 1975.
Kenyon was born in Scotland to English parents in 1908. His fahter was a military officer, who rose to the position of commanding general of the Royal Engineers. In the normal course of events, Kenyon would have attended the prestigious Eton Collage, but his father preferred him to have a good grounding in science and technology, and sent him instead to Dundle School. This education served him in good stead during his long career as an inventor, in the course of which he obtained more than 70 patents.
Although Kenyon left both Cambridge and Manchester Universities after a single year, he obtained a position as an inventor with Ferranti, Ltd., a major electronics firm. He was involved with the early development of television in the 1930's, and for awhile his home was the Ferranti television research laboratory. During the war, he turned his talents to radar and to radio-navigation, and experimented with xerographic techniques some years before Xerox produced their first copier.
In 1945, Kenyon was asked to start a research laboratory for Ferranti in Scotland, an enterprise which soon became a major resource for both Ferranti and Scotland.
The success of this venture led to an invitation to start a research laboratory for Ferranti Electric Ltd. In Toronto (a Canadian firm owned by the Ferranti family). In hiring scientists and engineers for this laboratory, he accepted only those with Canadian training, believing that Canadian engineering education was better than in the USA or the UK. He also chose only people who were "a little bit crazy."
His approach was successful and the laboratory became a world leader, producing the world's first computerized traffic-control system (for Toronto), the world's first computerized airline reservation system (for trans-Canada Airlines, now Air Canada), the world's first port-office mailsorting system, and the world's first commercial time-sharing computer, among other projects to which he contributed ideas and technical direction. Unfortunately, as is often the case with canadian innovation, the company was unable to interest Government or financial institutions in supporting the development of many of these projects. The plans for the computer, for example, had to be sold to a UK company, where it became the backbone of the British computer industry under the name ICL-1900 series.
After retiring to the rural charm and friendly people of Manitoulin Island, Kenyon's natural inventiveness took on a less global character. His golf-ball sorter, for example, became well-known among his friends. He became active in the community, most particularly in the Lions. He leaves his wife, Maggie, two sons, Martin and Vincent, and two grandchildren.
Mindemoya Cemetery, Lot 16 Concession 3, Carnarvon Township, #432.
TAYLOR / MAURICE KENYON / JUNE 26 - 1908 / JUNE 29 -1986 / MARGARET LUCY WAY / JANUARY 8-1910 / JUNE 29, 1991
Margaret Lucy WAY b: 8 Jan 1910
- Change Date:
1 Jul 2009