The End
By 1962 Phelon & Moore were in financial trouble and went into receivership. The Model 120 stayed in production for as long as the supply of spare parts lasted, but they finally ran out in 1966 and the company folded. It wasn't quite the end for the big Panther, however, as they were cheap and economical and continued to sell for another year after production ended. Panther Model 120's are still being maintained and used regularly to this day by enthusiasts.
Read more about this topic: Panther Model 120
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