Skip to main content

Hutzler Brothers Co. - Famous Department Store Stock Certificate

Inv# GS6364   Stock
Hutzler Brothers Co. - Famous Department Store Stock Certificate
State(s): Maryland
Years: 190-

Signed but unissued Stock. Printed by A. Hoen & Co., Baltimore. Hutzler's, or Hutzler Brothers Company, was a department store founded in Baltimore by Abram G. Hutzler (1836–1927) in 1858. From its beginning as a small dry goods store at the corner of Howard and Clay Streets in downtown Baltimore, Hutzler's eventually grew into a chain of 10 department stores, all of which were located in Maryland.

At age 23, Abram Hutzler was not yet old enough to secure credit; his father, Moses Hutzler, signed the official documents Abram needed to open the store in July 1858. Although the store originally traded as M. Hutzler & Son, Moses Hutzler was otherwise not involved in the business.

After Abram brought his two brothers, Charles and David, into the business in 1867, the retail store was left in David's hands while Abram and Charles operated a wholesale business. The retail store expanded into three other storefronts on Howard Street in 1874, 1881 and 1887, gradually transforming into a department store. Abram and Charles discontinued the wholesale business in 1888 to concentrate on the company's retail operations. Read more at https://en.wikipedia.org/wiki/Hutzler%27s

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.
OUT OF STOCK