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Phillip Best Brewing Company (Signed by Frederick Pabst)

$275.00

SKU: 2736
Product Details

Intricately engraved antique stock certificate from the Phillip Best Brewing Company dating back to the 1870's. This document, which is signed by the company President and Secretary, was printed by the Milwaukee Litho. & Engr. Company, and measures approximately 10 1/4" (w) by 7" (h).

 

This certificate features scenes of the company's Empire and South Side breweries.

 

This certificate was issued to Frederick Pabst, who has signed the piece on the verso.

You will receive the exact certificate pictured.

Historical Context

In Milwaukee, Jacob Best founded a brewery on Chestnut Street Hill called Empire Brewery, which he ran with his sons, Phillip, Jacob Jr., Charles, and Lorenz. Charles and Lorenz soon withdrew from the company, with Charles establishing the Plank Road Brewery (now called Miller Brewing Company). His daughter Margaretha married Moritz Schoeffler, a prominent newspaper editor who founded The Wisconsin Banner. Empire Brewery produced 300 barrels in its first year of operation. The name was changed to Best and Company and became one of the most successful breweries in Milwaukee.

After Jacob Sr. retired in 1853, Phillip and Jacob Jr. continued operations as a partnership. The Best brewery was renamed to Phillip Best Brewery. Phillip's sons-in-law, Emil Schandein and Captain Frederick Pabst later bought the brewery from Phillip. When Phillip died, his wife Lisette Best became vice-president. By 1874 Phillip Best Brewing Co. was the nation's largest brewer thanks to the constant supplying of Chicago after the Great Chicago Fire.

The brewery was renamed the Pabst Brewing Company and remained at the same location along Chestnut Street (now Juneau Avenue) until closure of the complex in 1997.

Frederick Pabst

Frederick Pabst's Signature

Frederick Pabst's Signature on Verso

 

Frederick Pabst was born on March 28, 1836, in the village of Nikolausrieth, in the Province of Saxony, in the Kingdom of Prussia. Friedrich was the second child of Gottlieb Pabst, a local farmer, and his wife, Johanna Friederike.

In 1848, he emigrated with his parents to the United States, settling first in Milwaukee, and then Chicago. The following year his mother died in a cholera epidemic. In Chicago, Frederick and his father had to eke out a living. For a while they worked as waiters and busboys. Frederick soon gave this up, however. Because he had enjoyed his voyage to America, he decided to become a cabin-boy on a Lake Michigan steamer. By the time he was 21, Pabst had earned his pilot's license, and was captain of one of these vessels. In this capacity, he met Phillip Best, the owner of a small but prosperous brewery founded by his father, Jacob Best, in 1844 in Milwaukee. Pabst married Best's daughter, Maria, on March 25, 1862.

For the next year and a half, Pabst continued to ply the waters of Lake Michigan as a ship's captain, until an accident in December 1863 led to a change in career. While trying to bring his craft into Milwaukee harbor, Pabst's ship ran aground. A short while later, Pabst purchased half of Best's brewing company.

In 1864, when Pabst was taken into partnership in his father-in-law's brewery, he 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. He became president of the corporation in 1873. Later, the brewing company's name was changed to the Pabst Brewing Company.

In 1889, Pabst spent $30,000 to take advantage of prime shoreline along Whitefish Bay, Wisconsin's unique location, just north of the city of Milwaukee, by developing a popular lakeshore resort, which he called the Pabst Whitefish Bay Resort.

As many as 10,000 visitors would come to the resort on a summer day by horse and buggy, railroad, trolley or excursion steamer. They came to enjoy the scenic view, to ride the Ferris wheel, attend daily concerts (double concerts on Sunday), rent row boats, watch outdoor movies, drink Pabst's beer and dine on fine fare, including five types of whitefish netted daily in the adjoining bay. The resort's popularity faded in 1914 at the start of World War I and the park was closed. In 1915 the land was subdivided into residential lots.

The brewing company's renowned "Blue Ribbon" label was introduced in the 1890s. The beer never actually won a blue ribbon. During some festivals (i.e. World's Fair in Chicago), Pabst placed a blue ribbon around his Best beer (named after founder Phillip Best) so it would stand out among the others. People would start identifying the beer as the Pabst Blue Ribbon beer. Instead of correcting the public, Pabst just wisely renamed it. He trademarked the Blue Ribbon in 1900.

Pabst built a fourteen-story Pabst Building in downtown Milwaukee and also helped organize the Wisconsin National Bank, in 1893. Pabst purchased the old Nunnemacher Grand Opera House, located opposite the Milwaukee City Hall, in 1890, and turned it into the Das Neue Deutsche Stadt-Theater (The New German City Theater), but it was destroyed in a fire. Pabst ordered it rebuilt at once and the newly named Pabst Theater opened in 1895. It still is in use today.

The Pabst Mansion along Wisconsin Avenue is a well-known Milwaukee tourist attraction and was the Pabst family home from 1892 to 1908.

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