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Jimenez Arms
JA Industries is an American firearms manufacturer based in Henderson, Nevada. The company's origins trace to 1978, with the formation of Jennings Firearms. This company eventually filed bankruptcy and subsequently reorganized as Bryco Arms. Bryco filed bankruptcy in 2003 and was subsequently purchased by Paul Jimenez, who established Jimenez Arms in August 2004. Jimenez Arms filed for Chapter 7 bankruptcy in February 2020, after which its assets were transferred to a new company (also owned by Jimenez), JA Industries, which resumed operations. All firearms manufactured by JA Industries are constructed of injection-molded Zamak, a zinc alloy. History Jennings Firearms Jennings Firearms was founded in 1978 by Bruce Jennings, the son of Raven Arms founder George Jennings. After declaring bankruptcy, the company was renamed Bryco Arms, but the Jennings name was retained for many years even while Bryco Arms used its own brand name for firearms. Bryco Arms Bryco Arms was the succes ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Saturday Night Special
Saturday night special is a colloquial term in the United States and Canada for inexpensive, compact, small-caliber handguns made of poor quality metal. Sometimes known as junk guns, some states define these guns by means of composition or material strength. In the late 19th century and early 20th century, they were commonly referred to as suicide specials. Definition The term "Saturday night special" refers to cheap guns used in poor neighborhoods. They are usually small, of small caliber, and often unreliable or inaccurate. A single definition is not easy to come by; while legislation in the United States has tried to define them as either "unsafe" or "of no legitimate purpose", these attempts to define are problematic. The earliest known use of the term "Saturday night special" in print is in the September 29, 1917, issue of ''The Coffeyville Daily Journal'', referring to a "cheap revolver". In its August 17, 1968, issue, ''The New York Times'' printed a front-page article ...
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Firearm Manufacturers Of The United States
A firearm is any type of gun designed to be readily carried and used by an individual. The term is legally defined further in different countries (see Legal definitions). The first firearms originated in 10th-century China, when bamboo tubes containing gunpowder and pellet projectiles were mounted on spears to make the portable fire lance, operable by a single person, which was later used effectively as a shock weapon in the Siege of De'an in 1132. In the 13th century, fire lance barrels were replaced with metal tubes and transformed into the metal-barreled hand cannon. The technology gradually spread throughout Eurasia during the 14th century. Older firearms typically used black powder as a propellant, but modern firearms use smokeless powder or other propellants. Most modern firearms (with the notable exception of smoothbore shotguns) have rifled barrels to impart spin to the projectile for improved flight stability. Modern firearms can be described by their caliber (i.e ...
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25 ACP
The .25 ACP (Automatic Colt Pistol) (6.35×16mmSR) is a semi-rimmed, straight-walled centerfire pistol cartridge introduced by John Browning in 1905 alongside the Fabrique Nationale M1905 pistol. Design The cartridge is of semi-rimmed design meaning that the rim protrudes slightly beyond the diameter of the base of the cartridge so the cartridge can headspace on the rim.*Wilson, R. K. ''Textbook of Automatic Pistols''. Plantersville, SC: Small Arms Technical Publishing Company, 1943. p. 258. . Though the .25 ACP was designed for semi-automatic pistols, various .25 ACP revolvers were produced in the early twentieth century by Belgian, French, and German gunmakers such as Adolph Frank and Decker. In the late twentieth century, Bowen Classic Arms produced a custom Smith & Wesson revolver in .25 ACP.Bowen, Hamilton. ''The Custom Revolver''. Privately printed, 2001. . Performance The use of the .25 ACP allows for a very compact lightweight gun, usually pocket pistols, but the ca ...
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22 LR
The .22 Long Rifle or simply .22 LR or 22 (metric designation: 5.6×15mmR) is a long-established variety of .22 caliber rimfire ammunition originating from the United States. It is used in a wide range of rifles, pistols, revolvers, smoothbore shotguns, and submachine guns. In terms of units sold it is by far the most common ammunition in the world today. Common uses include hunting and shooting sports. Ammunition produced in .22 Long Rifle is effective at short ranges, has little recoil, and is cheap to purchase, making it ideal for training. History American firearms manufacturer J. Stevens Arms & Tool Company introduced the .22 Long Rifle cartridge in 1887. The round owes its origin to the .22 BB Cap of 1845 and the .22 Short of 1857. It combined the case of the .22 Long of 1871 with a bullet, giving it a longer overall length, a higher muzzle velocity and superior performance as a hunting and target round, rendering the .22 Extra Long cartridges obsolete. The .22 LR ...
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Chapter 7, Title 11, United States Code
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of ''reorganization'' of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. For businesses When a financially troubled business is unable to pay creditors, the business may file (or be compelled by creditors to file) for bankruptcy in a federal court under Chapter 7, which means that the business ceases operations unless those operations are continued by the Chapter 7 trustee. In a Chapter 7 bankruptcy, the trustee is appointed almost immediately, with broad powers to examine the finances of the business in bankruptcy; generally, the trustee sells the assets and distributes the money to the creditors. The investors who took the least amount of risk prior to the bankruptcy are generally paid first. For example, secured creditors w ...
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Arms Trafficking
Arms trafficking or gunrunning is the illicit trade of contraband small arms and ammunition, which constitutes part of a broad range of illegal activities often associated with transnational criminal organizations. The illegal trade of small arms, unlike other organized crime commodities, is more closely associated with exercising power in communities instead of achieving economic gain. Scholars estimate illegal arms transactions amount to over US$1 billion annually. To keep track of imports and exports of several of the most dangerous armament categories, the United Nations, in 1991, created a Register for Conventional Arms. Participation, however, is not compulsory, and lacks comprehensive data in regions outside of Europe. Africa, due to a prevalence of corrupt officials and loosely enforced trade regulations, is a region with extensive illicit arms activity. In a resolution to complement the Register with legally binding obligations, a Firearms Protocol was incorporated in ...
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Kansas City, Missouri
Kansas City (abbreviated KC or KCMO) is the largest city in Missouri by population and area. As of the 2020 census, the city had a population of 508,090 in 2020, making it the 36th most-populous city in the United States. It is the central city of the Kansas City metropolitan area, which straddles the Missouri–Kansas state line and has a population of 2,392,035. Most of the city lies within Jackson County, with portions spilling into Clay, Cass, and Platte counties. Kansas City was founded in the 1830s as a port on the Missouri River at its confluence with the Kansas River coming in from the west. On June 1, 1850, the town of Kansas was incorporated; shortly after came the establishment of the Kansas Territory. Confusion between the two ensued, and the name Kansas City was assigned to distinguish them soon after. Sitting on Missouri's western boundary with Kansas, with Downtown near the confluence of the Kansas and Missouri Rivers, the city encompasses about , making ...
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Oakland, California
Oakland is the largest city and the county seat of Alameda County, California, United States. A major West Coast of the United States, West Coast port, Oakland is the largest city in the East Bay region of the San Francisco Bay Area, the third largest city overall in the Bay Area and the List of largest California cities by population, eighth most populated city in California. With a population of 440,646 in 2020, it serves as the Bay Area's trade center and economic engine: the Port of Oakland is the busiest port in Northern California, and the fifth busiest in the United States of America. An act to municipal corporation, incorporate the city was passed on May 4, 1852, and incorporation was later approved on March 25, 1854. Oakland is a charter city. Oakland's territory covers what was once a mosaic of California coastal prairie, California coastal terrace prairie, oak woodland, and north coastal scrub. In the late 18th century, it became part of a large ''rancho'' grant in t ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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