In 1905, Henry B. and Sadie C. Fowler of Charlotte received a franchise from Caleb Bradham of New Bern to bottle Pepsi Cola. Bradham, a New Bern pharmacist, created the soft drink in 1896 and named it Pepsi Cola in 1898. The Fowler's franchise struggled through the Great Depression and two world wars. When the Fowler's granddaughter Dale Halton became company president in 1981, the company was teetering on bankruptcy. Halton brought the company back and now heads Charlotte's largest woman-owned business. In 2005, the company that produces more than nine million cases and fountain gallons per year marked its hundredth anniversary.