Hamm's Brewery opens in St. Paul (1865)

Theodore Hamm's Brewing Company was established in Saint Paul, Minnesota, in 1865. German immigrant Theodore Hamm acquired the business in default of a loan issued to Andrew F. Keller, who had procured funds from Hamm to expand the brewery. Costs exceeded sales, leading to Hamm taking over the operation in 1864 and renaming it Theo.

Episodes

Background and detail

Background. German immigrant Theodore Hamm provided a loan to tavern owner and customer Andrew F. Keller to help expand a brewery. As the brewery grew, costs ran ahead of sales. This financial imbalance led to Hamm taking over the business in default in 1864, setting the stage for the formal establishment of the company in 1865.

Establishment. The Theodore Hamm Brewing Company was established in 1865 in Saint Paul, Minnesota. The company was formed when Theodore Hamm acquired the business in default of a loan issued to Andrew F. Keller. Upon Keller's death in 1865, all of Hamm's savings, homestead, and stake were lost.

Financial Default. The transition from Keller's operation to Hamm's ownership occurred because costs ran ahead of sales. In 1864, Hamm took over the business in default and renamed it Theo. This action resulted from the loan issued to Andrew F. Keller, which ultimately led to the establishment of the brewing company in 1865.

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