Hunter arms lc smith10/2/2023 Baker left the company, and founded Ithaca Gun Company. Baker & Co., and for the next three years, the firm produced Baker designed shotguns. and his older brother Leroy joined forces with an established firearms designer, William H. Instead, Lyman Smith was the namesake of the famous L.C. Although he and members of his family manufactured guns, they are not the 'Smith' from Smith & Wesson. Again on the verge of financial failure, Smith decided to enter into the lucrative business of producing firearms. Undeterred, Smith next attempted to establish a lumber business in Syracuse in 1875. Smith's first business venture occurred in 1873, when he opened a livestock commission in New York City.
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