2087

Peoples' Brewing Company Stock [123293]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:35.00 USD Estimated At:70.00 - 200.00 USD
Peoples' Brewing Company Stock [123293]
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Number 726 for 2 shares. Signed by president Frank Sandstedt. Semi-nude female allegorical vignette. Small rips at fold edges. Otherwise very nice! "Peopleís Brewing Company of Duluth was ahead of its time. Founded on socialist principles in 1907 by Martin Smith, F.G. Sandstedt, and Michael J. Gleeson, the brewery stood up to big beer long before it was hip to do so. At that time, Duluth had two other breweries, Fitgerís Brewery and Duluth Brewing and Malting Company, but heavyweights from the Twin Cities and Wisconsinósuch as Pabst and Milleróhad a strong foothold in the Duluth market." The Peopleís Brewing Company was one of a number of breweries around the country in the early 1900s using socialist ideals to try to break the monopoly of big brewery.î [growlermag.com]

Date: 1909
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Provenance: Ken Prag Collection