Green’s Dictionary of Slang

lean and fat n.

also leaning fat
[rhy. sl.]

a hat.

[UK]‘Ducange Anglicus’ Vulgar Tongue.
[UK]Hotten Sl. Dict.
[UK]Shields Dly News 2 Dec. 2/7: My ‘lean and fat’ (hat) blew off my ‘ball of lead’ (head) and I felt an awful ‘two-foot-rule’ (fool).
[US]M.C. Sharpe Chicago May: Her Story in Hamilton (1952) 132: Leaning fat – hat.
[US]A.J. Pollock Und. Speaks.
[UK]D. Runyon in Star (Marion, OH) 31 July 6/8: The original rhyming slang for hat was ‘lean and fat.’.
[US]Wentworth & Flexner DAS.
[UK]Dodson & Saczek Dict. of Cockney Rhy. Sl.
[UK]B. Kirkpatrick Wicked Cockney Rhy. Sl.