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In the 1930s, under the Fascist regime, Italy strongly promoted economic self-sufficiency (autarky), encouraging the growth of local enterprises linked to wool processing and textile production. Within this context, the John Waltz hat factory fits perfectly as part of this industrial expansion.
Company Details
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Name: S.A. John Waltz & C.
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Sector: Hat manufacturing / Textile industry
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Headquarters: Andorno Micca (Vercelli, now Biella)
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Legal form: Joint-stock company
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Share capital: 250,000 Lire
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Structure: 500 shares of 500 Lire each
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Date of issue: April 10, 1936 (Year XIV of the Fascist Era)
The company was originally established as a general partnership and was transformed into a joint-stock company in 1936, reflecting its growth and industrial consolidation.
This certificate represents a genuine fragment of Italy’s industrial history of the 1930s, illustrating the development of textile manufacturing in Northern Italy and the evolution of companies toward more structured and capitalized models.
An ideal piece for both Italian scripophily collectors and enthusiasts of the industrial history of the Biella region.
