In 1905 the entire warehouse was robbed of all its inventory. The company was reorganized as Hopkins & Allen Arms Company but lost its factory and machinery in a fire in 1900. Following the bankruptcy of the Hulbert brothers in 1896, Hopkins & Allen went bankrupt in 1898. The company became the exclusive maker of Merwin Hulbert revolvers as a result of this and assembly of these revolvers was conducted in a separate area of the plant devoted to M&H revolvers. Hopkins.In 1874 Converse sold his interest in the company to brothers William and Milan Hulbert, giving the Hulberts 50% of the company's assets and capital. Hopkins & Allen was founded in 1868 as a firearms manufacturer by Charles W. The Hopkins brothers ran the day-to-day operations of the company until it went bankrupt in 1916 and was subsequently bought by Marlin-Rockwell. Hopkins & Allen Arms Company was an American firearms manufacturing company based in Norwich, Connecticut, that was founded in 1868 by Charles W.
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