While there are no written records of the origin of the Christmas Stocking, there are popular legends that attempt to tell the history of this Christmas tradition. One such legend has several variations, but the following is a good example: Very long ago, there lived a poor man and his three very beautiful daughters. He had no money to get his daughters married, and he was worried what would happen to them after his death.
Saint Nicholas was passing through when he heard the villagers talking about the girls. St. Nicholas wanted to help, but knew that the old man wouldn't accept charity. He decided to help in secret. He waited until it was night and crept through the chimney.
He had three bags of gold coins with him, one for each girl. As he was looking for a place to keep those three bags, he noticed stockings of the three girls that were hung over the mantelpiece for drying. He put one bag in each stocking and off he went. When the girls and their father woke up the next morning, they found the bags of gold coins and were of course, overjoyed. The girls were able to get married and live happily ever after.