Quilt Stocking

While kids are tucked tightly into their beds, their littlest gifts can be tucked inside a quilt stocking. Use a thick old quilt or plushy bedspread to make it. With a cutout stocking template, you can easily decide which part of the blanket will yield the best-looking stocking. Position the template so that the top of the stocking falls along a hemmed edge to make sewing a snap.

Martha Stewart Kids, Volume 16 2004 http://www.marthastewart.com/271672/quilt-stocking