Daniel B. Wesson - Smith & Wesson

Smith & Wesson

In 1854, Daniel B. Wesson partnered with Horace Smith and Courtlandt Palmer to develop the Smith & Wesson Lever pistol and the first repeating rifle – the Volcanic. Production was in the shop of Horace Smith in Norwich, CT. Originally using the name "Smith & Wesson Company", the name was changed to "Volcanic Repeating Arms Company" in 1855, with the addition of new investors, one of whom was Oliver Winchester. The Volcanic Repeating Arms Company obtained all rights for the Volcanic designs (both rifle and pistol versions were in production by this time) as well as the ammunition, from the Smith and Wesson Company. Wesson remained as plant manager for 8 months before rejoining Smith to found the "Smith & Wesson Revolver Company" upon obtaining the licensing of the Rollin White "rear loading cylinder patent.

In 1856 Smith & Wesson began to produce a small revolver designed to fire the Rimfire cartridge they had patented in August 1854. This revolver was the first successful fully self-contained cartridge revolver available in the world. Smith & Wesson secured patents for the revolver to prevent other manufacturers from producing a cartridge revolver – giving the young company a very lucrative business.

At the age of 65, Horace Smith retired from the company and sold his share of the business to D. B. Wesson, making him the sole owner of the firm. In the late 1800s the company introduced its line of hammerless revolvers (still represented in Smith & Wesson's handgun line).

In 1899, Smith & Wesson introduced what is arguably the most famous revolver in the world, the .38 Military & Police (Model 10). This revolver has been in continual production since that year and has been used by virtually every police agency and military force around the world.