Here's the passages from the Bluebook on this subject
Previous manufacturer located in Syracuse, NY circa 1878-1883.
Originally started by William H. and Ellis L. Baker circa 1878. During this time, Leroy H. and Lyman C. Smith financed the new company, W.H. Baker & Co. Circa 1880, L.C. Smith bought the interest from the two Baker partners and continued production with markings reading "L. C. Smith and Co., Maker of the Baker Gun" on the rib, "Baker Pat." on the locks. Smith decided to drop the Baker name in 1883, but continued to manufacture this gun and a shotgun/rifle combination gun in Syracuse, NY until 1888. At this point, the company was sold to the Hunter Brothers and this new company, Baker Gun & Forging Co., began making both the New Baker shotguns (see separate listing below) in addition to the Ithaca gun. The company was sold to the Hunter Brothers circa 1888, and the Hunter Arms Company made L.C. Smith shotguns for approximately 60 years at which point the Marlin Firearms Company bought the business during the early 1940´s.
Baker guns were originally 10 or 12 ga., and unusual in that the opening mechanism was operated by pressing forward on the front trigger. While relatively rare, most original Baker guns (including the shotgun/rifle) do not have a lot of original finish remaining. Most specimens are priced in the $400-$850 range, assuming finish is less than 10%. If condition is better than 40%, guns have to be evaluated individually for accurate pricing.
it would be nice if one of us could find a couple of pics of these guns....