James Aikin and Henry Lambert were New York jewellers that had become partners following the civil war, intent on cashing in on the growing pencil/pen industry. In addition to their pens & pencils, they made gold pen nibs and became a supplier of nibs to Lewis Waterman. A L & Co. was founded in 1864 and was taken over by Waterman in the early 20th century, beginning in 1906, with full control taking place in 1911.