Favorite Stove
Encyclopedia
The Favorite Stove & Range Company was an American
manufacturer from the late 19th to the mid-20th centuries.
In 1887 the Favorite Stove & Range Company moved to Piqua, Ohio
from Cincinnati, Ohio
. The firm became Piqua's largest manufacturer. The company was also the first new business to be brought to Piqua by the Piqua Board of Trade, a predecessor of the present Chamber of Commerce
. Piqua became known as the "Favorite City". When many of the employees of the firm settled on the top of South Street Hill it became known as "Favorite Hill".
The factory was built on the south end of the Hydraulic Canal on what is now South College Street at South Street. The eight acre (3.2 hectare) facory site was bounded by College, Young, Weber and South Streets. By 1896, the firm had over three hundred employees and was producing over fifty thousand stoves a year. The death of owner Stanhope Boal in 1933 and the devastation of the Great Depression
led to the company's liquidation
in 1935. A portion of the firm remained in business under the name The Favorite Stove Company, producing furnaces and stove parts. The firm suspended operations for the final time in 1958.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
manufacturer from the late 19th to the mid-20th centuries.
In 1887 the Favorite Stove & Range Company moved to Piqua, Ohio
Piqua, Ohio
Piqua is a city in Miami County, Ohio, United States. The population was 20,738 at the 2000 census. It is part of the Dayton Metropolitan Statistical Area.Piqua was one of the cities that experienced severe flooding during the Great Dayton Flood of 1913....
from Cincinnati, Ohio
Cincinnati, Ohio
Cincinnati is a city in the U.S. state of Ohio. Cincinnati is the county seat of Hamilton County. Settled in 1788, the city is located to north of the Ohio River at the Ohio-Kentucky border, near Indiana. The population within city limits is 296,943 according to the 2010 census, making it Ohio's...
. The firm became Piqua's largest manufacturer. The company was also the first new business to be brought to Piqua by the Piqua Board of Trade, a predecessor of the present Chamber of Commerce
Chamber of commerce
A chamber of commerce is a form of business network, e.g., a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community...
. Piqua became known as the "Favorite City". When many of the employees of the firm settled on the top of South Street Hill it became known as "Favorite Hill".
The factory was built on the south end of the Hydraulic Canal on what is now South College Street at South Street. The eight acre (3.2 hectare) facory site was bounded by College, Young, Weber and South Streets. By 1896, the firm had over three hundred employees and was producing over fifty thousand stoves a year. The death of owner Stanhope Boal in 1933 and the devastation of the Great Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...
led to the company's liquidation
Liquidation
In law, liquidation is the process by which a company is brought to an end, and the assets and property of the company redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation...
in 1935. A portion of the firm remained in business under the name The Favorite Stove Company, producing furnaces and stove parts. The firm suspended operations for the final time in 1958.