![]() ![]() The Model 1 had three issues or major variants, with each subsequent issue introducing significant technical changes. ![]() It would become White's responsibility to defend his patent in any court cases which eventually led to his financial ruin, but was very advantageous for the new Smith & Wesson Company. Rather than make White a partner in their company, Smith and Wesson paid him a royalty of $0.25 on every "Model 1" revolver that they made. When they discovered that a former Colt employee named Rollin White held the patent for a "Bored-through" cylinder, a component needed for this new invention, the two partners approached White to manufacture a newly designed revolver-and-cartridge combination. ![]() Wesson were researching a prototype for a metallic cartridge revolver. As Samuel Colt's patent on the revolver was set to expire in 1856, Horace Smith and Daniel B. ![]()
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