In 1866 Elijah Hollingsworth died in a shipyard accident. His death greatly affected Samuel Harlan, so that shortly thereafter the partnership was dissolved and the enterprise incorporated as The Harlan & Hollingsworth Company. Harlan & Hollingsworth thrived despite competition from Jackson & Sharp and other Wilmington yards, in part because of their diversified production of railroad car building and shipbuilding. However, the Panic of 1873 and the death of Charles Morgan (their largest customer) induced the company to undertake government contracts again. These included the construction of the sloop "Ranger" and the long (16 year) construction of the "New Navy" monitor "USS Amphitrite (BM-2)". Despite this experience Harlan & Hollingsworth constructed three more torpedo boat destroyers for the Navy, the "Stringham", "Hull", and "Hopkins".