We think of Winchester and Remington as rivals and different companies, but it wasn’t always so. Remington was undergoing some hard times and in 1886 they were placed in receivership. In 1888, Hartley & Graham partnered with Winchester Repeating Arms to buy E. Remington and Sons. They renamed it Remington Repeating Arms Company.
Now Winchester, Remington’s main rival, owned half of Remington Arms Company, which explains why Remington did not enterer the lucrative lever-action rifle or pump-action shotgun markets dominated by Winchester at the time. That association ended in 1896 and freed Remington to start development of many new firearm designs.
In 1906 Remington introduced the J.M.