At the age of 65, Horace Smith retired from the company and sold his share of the business to D. B. Wesson, making him the sole owner of the firm. In the late 1800’s the company introduced its line of hammerless revolvers. These are still represented in today’s handgun line. Smith & Wesson next introduced what is probably the most famous revolver in the world, the .38 Military & Police or, as it is called today, the Model 10. This revolver has been in continual production since that year and has been used by virtually every police agency and military force around the world.