John B. Stetson Co. - 1920's dated Stock Certificate - Famous Hat Company

Stock with portrait of John B. Stetson printed by American Bank Note Company. The John B. Stetson Company, founded by John B. Stetson in 1865, was the maker of the Stetson cowboy hats, but ceased manufacturing in 1970. Stetson hats are now being manufactured in Garland, Texas, by Hatco, Inc., who also produce Resistol and Charlie 1 Horse hats. Stetson resumed manufacturing in the 1980s, but the company went bankrupt in 1986. The factory equipment and the license to manufacture Stetson hats was purchased by Hat Brands, a company owned by Irving Joel.

The John B. Stetson Company was established in Philadelphia, Pennsylvania, in 1865 when John B. Stetson decided to mass-produce a hat like one he had fashioned for himself out of necessity during a lengthy Western expedition. Stetson's Boss of the Plains, with its high crown and wide flat brim, became the prototype for all other cowboy hat designs. A factory in St. Joseph, Missouri produced Stetson hats until parent company, Hatco Inc., closed it in 2004. The second factory in Galveston, Texas, continue to turn out the "Boss of the Plains," along with over 100 variations for men and women. The Philadelphia factory, incorporated in 1891, produced dress hats for both women and men. Employing over 5,000 workers in various departments, the company turned out more hats than any other during the early 20th century. Read more at https://en.wikipedia.org/wiki/John_B._Stetson_Company