Pabst Brewing Co. Issued to and signed by Fred Pabst - Stock Certificate
Inv# AG2261 Stock
Stock issued to and signed on back by Fred Pabst, son of Frederick Pabst. Printed by American Bank Note Company, New York.
Frederick Pabst (1836-1904) An American brewer, born at Nicholausreith, in Saxony, Germany. In 1848 he emigrated with his parents to Chicago. There he became, first a hotel waiter, then a cabin-boy on a Lake Michigan steamer, and eventually captain of one of these vessels. In this last capacity he met a German, Philip Best, the owner of a small but prosperous brewery founded in 1844 at Milwaukee, and married his daughter.
In 1862 Pabst was taken into partnership in his father-in-law's brewery, and began to study the details of the business. After obtaining a thorough mastery of the art of brewing, Pabst turned his attention to extending the market for the beer, and before long had raised the output of the Best brewery to 100,000 barrels a year. The brewery was eventually converted into a public company, and its capital repeatedly increased in order to cope with the continually increasing trade.
On March 18, 1889 the company name was changed to Pabst. Its renowned "Blue Ribbon" label was introduced in the 1890s. The beer's name resulted from the blue ribbon that was awarded to it at the 1893 Chicago Columbian Exposition.
The Captain Frederick Pabst Mansion is a well-known Milwaukee tourist attraction.
The Pabst Brewing Company, an American company, has a rich history dating back to 1844 when Jacob Best founded a brewing company. By 1889, the company underwent a name change and was renamed after Frederick Pabst. Today, it operates as a holding company that contracts the brewing of over two dozen beer and malt liquor brands. These include its flagship Pabst Blue Ribbon, as well as brands from defunct breweries such as P. Ballantine and Sons Brewing Company, G. Heileman Brewing Company, Lone Star Brewing Company, Pearl Brewing Company, Piels Bros., Valentin Blatz Brewing Company, National Brewing Company, Olympia Brewing Company, Falstaff Brewing Corporation, Primo Brewing & Malting Company, Rainier Brewing Company, F & M Schaefer Brewing Company, Joseph Schlitz Brewing Company, Jacob Schmidt Brewing Company, and Stroh Brewery Company.
Approximately half of the beer produced under Pabst’s ownership is the Pabst Blue Ribbon brand, while the remaining half comprises its other owned brands.
Pabst is headquartered in San Antonio, Texas. In a significant development, Pabst announced on November 13, 2014, that it had completed its sale to Blue Ribbon Intermediate Holdings, LLC. Blue Ribbon is a partnership between Russian-American beer entrepreneur Eugene Kashper and TSG Consumer Partners, a San Francisco-based private equity firm. Prior reports suggested that the price agreed upon for the sale was approximately $700 million.
In 2017, the company opened the Pabst Milwaukee Brewery, a brewpub nestled in an old chapel on the original Milwaukee Pabst Brewery campus. This brewpub specializes in crafting relatively small batches of craft beers and reviving long-discontinued, historic Pabst brands, including Old Tankard and Andeker.
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.
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