October 20th, 1891
John Mercury starts North Carolina Mutual Life Insurance Company.
October 17th, 1888
Capital Savings Bank opened in Washington, DC.
August 27th, 1991
August 27th, 1991
Central Life Insurance Company, the last surviving African American owned insurance company in the State of Florida, is ordered liquidated by a Florida Circuit Court Judge.
February 16th, 1857
Frederick Douglass elected President of Freedman Bank and Trust.
What do Nancy Green (1893), Albert William Johnsin (1967), Jesse Binga (1908), Cirilo A. McSween (1957), Nathan Chapman (1986), and Catherine Davis-Cartey (1994) have in common? They are African Americans/Blacks who captivated the skills need to advance in business. They established there acclaim in the market place by achieving success in advertising, insurance and banking, as well as in the automobile industry.
The writing of African American/Black History would not be complete if homage was not given to those who have plowed through lack and economic disparity and taken great risk to achieve distinction in business and commerce. African Americans/Blacks have utilized their skills, occupations and professions to help bring businesses throughout the United States to the forefront.
Buying and selling, bartering and trading, goods and services, commodities and commerce, stocks and bonds, CEO, and Corporate Executive - these words are not new to African Americans/Blacks. One has to but pick up a copy of Black Enterprise Magazine, founded by Earl G. Graves in 1970, to appreciate the contributions of Africans Americans/Blacks to the economic development contributed to the United States of America.
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