1923 Memorandum- Trampled Underfoot (Charles H. Schwab & M. Selz) in Chicago, Illinois For Sale

Authentic xxxx memorandum on letterhead of Selz Shoe Manufacturers located at Monroe and Market Sts. in Chicago. (Market Street corresponds to Wacker Drive today.) Document features graphic of the company's facilities nationwide, with the handsome Selz royal blue logo at top-center. The upper corners list the top eight company officers, four in each corner. Bottom center of document displays company catch-phrase: "There'd be but one shoe if everyone knew."
Morris Selz, a native of Germany, arrived in Chicago in xxxx after working in sales for companies in Connecticut and Georgia. Selz started in the clothing business in Chicago with Selz & Cohn, but in xxxx he entered the wholesale shoe trade, founding M. Selz & Co. By the following year, his firm employed 350 employees who made about $1 million worth of hand-pegged boots and shoes each year. Selz's company ranked among the leading shoe manufacturers in the Midwest.
The enterprise became Selz, Schwab & Co. in xxxx, when Charles H. Schwab--another German immigrant who had arrived in Chicago in xxxx--joined the firm. By the beginning of the 20th century, the company employed about 1,500 workers at its northern Illinois factories located in Chicago, Joliet, Genoa, and Elgin. By this time, Selz, Schwab & Co. manufactured about 12,000 pairs of boots and shoes per day, which placed the company among the leading makers of footwear in the U.S. Selz remained a major footwear company throughout the xxxxs, until the Great Depression crippled sales and forced its factories to close in early xxxx's.
Supposedly, Selz made such fine shoes that Queen Elizabeth commissioned them to make a pair of dancing shoes for her when she was young, and the Company later named one of its shoe models "Royal Blues".
Document measures 8 3/8 X 10 7/8 inches and is in Very Good condition. It contains some original pencil notations which add to the character of the document. The right edge contains two tiny horizontal rips, neither longer than 1/4 inch.