Hackney Brothers, Inc., Records Inventory (#4941-z)

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Manuscripts Department, Library of the University of North Carolina at Chapel Hill

Collection Information


Contact Information:
Manuscripts Department
CB#3926, Wilson Library
University of North Carolina at Chapel Hill
Chapel Hill, NC 27514-8890
Phone: 919/962-1345
Fax: 919/962-3594
Email: mss@email.unc.edu
URL: http://www.lib.unc.edu/mss/
Processed by:
Jennifer Rawlings
Date Completed:
July 1998
Encoded by:
Jennifer Rawlings

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Descriptive Summary Including Abstract

Title
Hackney Brothers, Inc., Records (#4941-z) 1974-1996
Creator
Hackney Brothers, Inc.
Extent
About 30 items.
Repository
Southern Historical Collection
Abstract
Hackney Brothers, Inc., began manufacturing buggies in Wilson, N.C., in 1854. After the automobile became popular, the company expanded its product line to include ambulances, house trailers, hearses, portable storage rooms, temporary bleachers, car-top sleepers, and school buses. The company patented the first carbon dioxide-based refrigeration system in 1931 and began a profitable specialization in refrigerated cars and carts. Milk trucks became its most important product. After success in the milk-truck industry up until the mid-1980s, the demand for the product sharply declined. TTI, a private company owned mostly by the H.I.G. Investment Group, bought Hackney Brothers, Inc. In 1996, TTI closed the company and moved production to Hackney and Sons Company in Washington, N.C., which was founded by a relative of the Wilson Hackneys. The collection contains financial records, 1974-1996, of Hackney Brothers, Inc., including shareholders reports, 1993-1996, and balance sheets, 1974-1993.
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Administrative Information

Access
No restrictions.
Usage Restrictions
Copyright is retained by the authors of items in these papers, or their descendants, as stipulated by United States copyright law.
Provenance
Received from Charles Clement Hargrave of Lexington, N.C., in February 1997 (Acc. 97014).
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Online Catalog Terms

Carriages and carts--North Carolina--History.
Hackney Brothers, Inc.
Refrigerated trucks--History.
Wilson (N.C.)--Economic conditions.
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Historical Note

In 1854, Willis Napoleon Hackney established Hackney Brothers, Inc., to manufacture buggies and wagons in Wilson, N.C. His company became successful and turned out about 200 buggies and 100 wagons a year by 1885. According to Willis Napoleon Hackney's great-grandson Tom Hackney, Jr., Hackney Brothers, Inc., became the second-largest wagon and buggy maker in the country by the end of the 19th century. After the automobile became popular, the successors of Willis Napoleon Hackney expanded the company's product line to include ambulances, house trailers, hearses, portable storage rooms, temporary bleachers, car-top sleepers, and school buses. The company patented the first carbon dioxide-based refrigeration system in 1931. Milk trucks became their most important product.

After success in the milk-truck industry up until the mid-1980s, however, the demand for the product sharply declined. TTI, a private company owned mostly by H.I.G. Investment Group, bought Hackney Brothers, Inc. In 1996, TTI closed the company and moved production to Hackney and Sons Company in Washington, N.C., which was founded by a relative of the Wilson Hackneys.

Information from Price, Dudley. "End of the Road." Raleigh News and Observer, 10 November 1996.

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Collection Overview

Financial records, 1974-1996, of Hackney Brothers, Inc., including shareholders reports, 1993-1996, and balance sheets, 1974-1993.

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Organization of Collection

1. Balance Sheets
2. Shareholders Reports

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Series Descriptions

1. Balance Sheets, 1974-1993.

About 15 items.
Comparative balance sheets indicating the financial status of the company as compared to the previous year. These sheets break down the company's assets and liabilities and total each subdivision.
   Folder 1
Comparative Balance Sheets

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2. Shareholders' Reports, 1993-1996.

About 15 items.
Official reports on the status of the company for stockholders of Hackney Brothers, Inc.
   Folder 2
Shareholders' Reports

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