James Hobart (Hobe) Stanton founded Rich-R-Tone Records in Johnson City. An independent label, it was the first label dedicated to recording bluegrass music. Located at 113 West Main Street from 1946-1952, over half of the 220 songs on the Rich-R-Tone label were recorded here. Rich-R-Tone featured recordings by notable bluegrass acts including Carter and Ralph Stanley, Wilma Lee & Stoney Cooper, and the Sauceman Brothers.