These magazine repeating razors were produced in three models between 1926 and about 1935, and were the forerunners to the famous Schick Injector Razor, still made today.
The popular Schick Injector Razor has a separate magazine of blades that is inserted into the razor head to inject a new blade, and slide the old one out. While the Schick Injector Razor has undergone many changes in the 60 plus years of its manufacture, the basic mechanism remains the same, a simple, tried and time tested design. It was in fact the first razor I ever shaved "peach fuzz" with, and remains my weapon of choice today.
In 1927, Jacob Schick had succeeded with his electric "dry shaver" and a year later became so convinced that the "wet shave" method would be doomed by the electric razor that he started a separate corporation to manufacture and sell Schick electric shavers. He sold all his interest in the Magazine Repeating Razor Company to the president of the American Chain and Cable Company. You can follow Col. Schick's success with dry shaving at Schick Electric Shavers.
In 1946, Eversharp, Inc. acquired the Magazine Repeating Razor Company and renamed it the Schick Safety Razor Company. American Chain and Cable produced the product for Schick until 1958, when Schick set up its own manufacturing operations in Bridgeport, Connecticut. In 1961, Schick moved its manufacturing facilities into its present home in Milford, Connecticut.
The Schick Safety Razor Company was acquired by Warner-Lambert in 1970 and then later by Energizer Holdings (yes, the same company that makes the batteries) which also, as of this writing, owns Wilkinson Sword shaving company and American Safety Razor (aka GEM, aka Personna, aka PAL).