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John B. Stetson Co. - Stock Certificate

Inv# FA1002   Stock
John B. Stetson Co. - Stock Certificate
State(s): Pennsylvania
Years: 1913

Stock printed by American Bank Note Co., Phila. Great Portrait of Stetson. 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

Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
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