Who made the first toy bear called teddy bear?

Well there are several stories, below is the most popular one:

Morris Michtom made the first official toy bear called the teddy bear. Michtom owned a small novelty and candy store in Brooklyn, New York. His wife Rose was making toy bears for sale in their store. Michtom sent Roosevelt a bear and asked permission to use the teddy bear name. Roosevelt said yes. Michtom and a company called Butler Brothers, began to mass-produce the teddy bear. Within a year Michtom started his own company called the Ideal Novelty and Toy Company.

However, the truth is that no one is sure who made the first teddy bear, please read the resto the right and below for more information on other origins