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Monarch Brewing was founded in 1890 as the Josef Hladovec Brewing Company in Chicago. In 1898 Monarch became part of the United Breweries Company along with twelve other local breweries. The new United Brewery managed to hold off failure for a few years but consolidating and cutting expenses, but the parent company was still losing money and in 1903 it filed for bankruptcy and reorganization. The reorganized company survived until 1920, when Chicago finally went officially dry with the coming of national prohibition. In 1922 it was sold to a new ownership group from Chicago.
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