In 1902, Binney & Smith developed and introduced the Staonal marking crayon
and in 1903 Edwin Binney, working with his wife, Alice Stead Binney, made his
own product line of wax crayons which sold under the brand name "Crayola." The Crayola name was coined by Mrs.Binney, a former schoolteacher. It comes from
"craie", French for "chalk," and "ola" for "oleaginous", or "oily.
From left: Edwin Binney and C. Harold Smith.