Smith & Wesson NRA and NSSF over the issue of smart guns, thousands of retailers and tens of thousands of firearms consumers boycotted Smith & Wesson. CEO Ed Shultz, who negotiated the deal, was forced out in September of that year. By December 2000, the company's stock price was 19 cents per share. Smith & Wesson dropped its smart gun plans after nearly being driven out of business. On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins plc for US$15 million, a fraction of the US$112 million originally paid by Tomkins. Saf-T-Hammer assumed US$30 million in debt, bringing the
Smith & Wesson Model 1913 Smith & Wesson Model 1913 The Smith & Wesson Model 1913 is a center fire semi-automatic pistol introduced by Smith & Wesson in 1913. This pistol was also known as the "Model 35". The Model 1913 was produced from 1913 to 1921, and approximately 8,350 were built. The Model 1913 was chambered in the now obsolete .35 S&W Auto cartridge. It featured smooth wooden grip panels, a fully grooved slide with crossbolt lock stud, and an ambidextrous safety that was operated with the middle finger of the shooting hand. The Model 1913 was the first semi-automatic produced by Smith &