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Collection Number: 04941-z

Collection Title: Hackney Brothers, Inc., Records (#4941-z) 1974-1996

This is a finding aid. It is a description of archival material held in the Wilson Library at the University of North Carolina at Chapel Hill. Unless otherwise noted, the materials described below are physically available in our reading room, and not digitally available through the World Wide Web. See the FAQ section for more information.


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Size About 30 items.
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.
Creator Hackney Brothers, Inc.
Language English.
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Access
No restrictions. Open for research.
Copyright Notice
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).
Sensitive Materials Statement
Manuscript collections and archival records may contain materials with sensitive or confidential information that is protected under federal or state right to privacy laws and regulations, the North Carolina Public Records Act (N.C.G.S. § 132 1 et seq.), and Article 7 of the North Carolina State Personnel Act (Privacy of State Employee Personnel Records, N.C.G.S. § 126-22 et seq.). Researchers are advised that the disclosure of certain information pertaining to identifiable living individuals represented in this collection without the consent of those individuals may have legal ramifications (e.g., a cause of action under common law for invasion of privacy may arise if facts concerning an individual's private life are published that would be deemed highly offensive to a reasonable person) for which the University of North Carolina at Chapel Hill assumes no responsibility.
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The following terms from Library of Congress Subject Headings suggest topics, persons, geography, etc. interspersed through the entire collection; the terms do not usually represent discrete and easily identifiable portions of the collection--such as folders or items.

Clicking on a subject heading below will take you into the University Library's online catalog.

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

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Contents list

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expand/collapse Expand/collapse Series 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 #04941-z, Series: "1. Balance Sheets, 1974-1993. " Folder 1

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expand/collapse Expand/collapse 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 #04941-z, Series: " 2. Shareholders' Reports, 1993-1996. " Folder 2

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