Eli Toscano co-founded Cobra Records with his partner Howard Bedno in Chicago in 1956. Toscano ran a television and radio business in Chicago and was interested in recording blues music. He quickly assembled quite a roster of blues musicians, including Otis Rush, Harold Burrage, Big Walter “Shakey” Horton, Ike Turner, Sunnyland Slim, Magic Sam and Buddy Guy. In 1958 the Cobra Record Company moved to plusher offices at 3346 Roosevelt, Chicago. Unfortunately Mr Toscano liked to gamble, and things went wrong; Mr Toscano was killed in a gangland murder and his body was found in Lake Michigan in 1959.
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