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got this from a web site that was talking about Colt's emblem.....

The Story of the Rampant Colt
Here’s a fascinating story behind the Rampant Colt. Look closely and you see that the colt carries a spear in its mouth. In heraldry, a horse signifies readiness to serve the monarch. The broken spear signifies a warrior slain in battle. By carrying the spear, this warhorse is continuing the fight for his fallen rider. It's a fitting symbol, considering the indomitable spirit of inventor and entrepreneur Samuel Colt!
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