|Office Appliances, Dec 1921, p. 122|
There are still many pieces missing from the puzzle, but the reason for the collapse now seems clear. While B. B. Stylo was making pens, the real action was in flogging its overpriced stock to naive investors. It seems the prime culprit was Arthur A. Smallwood, an operator best known for his machinations in the early film industry ("greedy" and "scheming", in a modern historian's assessment, along with his brother Raymond C.). Smallwood's connection to the company becomes visible only relatively late in the game, when he joins Albert S. Zimmerman and his son Albert I. (replacing his mother, Cora D.) as a B. B. Stylo director in the 1922 Brooklyn and Queens, New York, Copartnership and Corporation Directory (p. 390). Yet the shenanigans had already begun years before, as the following ad from the New York Herald (Nov 2, 1919, p. 20, col. 2) demonstrates.