Pearl Brewing Company
The Pearl Brewing Company (also known as the Pearl Brewery or just Pearl) was an American brewery, established in 1883 in Downtown San Antonio, Texas, USA. In 1985, Pearl's parent company purchased the Pabst Brewing Company and assumed the Pabst name. In 1999, the Pabst Brewing Company began transferring its production to Miller Brewing, on a contract basis, and closing all of its breweries. Pearl beer is still in production at Miller's Ft. Worth, Texas facility, but the Pearl Brewery in San Antonio was closed in 2001. Since then, the former brewery was purchased by Silver Ventures, Inc., which has made the property the crown jewel in revitalization efforts of southern Midtown and northern Downtown San Antonio.
Caleb Bradham
At the peak of success, Bradham had authorized Pepsi-Cola franchises in over 24 states; however, on May 31, 1923, Bradham and his Pepsi-Cola Company declared bankruptcy. The major factor for Bradham's business failure was the price of sugar immediately following World War I, when prices went up to 28 cents per pound (it was three cents per pound pre-war), and Bradham had purchased a large amount of sugar at that price but the price of sugar nosedived soon after he purchased it. The assets of his company were sold to the Craven Holding Company for $35,000. After declaring bankruptcy, Bradham returned to operating his drug store.