In 1860, Lucius Pond produced a tip-up revolver in .22 and .32 RF that infringed Rollin's White bored trough cylinder patent.
Learning this, S&W threatened to sue Pond. In order to avoid a trial, Pond was forced to sell the 4,486 revolvers that were in his stocks to S&W for $7.50 each.
After that, S&W immediatly proceeded to sell these revolvers to the public for $14.50 each, with the additional marking 'Manufactured for Smith & Wesson' (these are much sought-after by collectors) !
Wanting to continue producing his own guns, Pond sold two new models from 1863 to 1870 which did not infringe White's patent but were rather unpractical, because the cylinder had removable chambers that one had to take out one by one to load the cartridges before putting them back in place.