Record #:

11952

Author(s):

Norris, Jeannie Faris

Abstract:

One of the most imposing results of industry is the North Carolina Mutual Life Insurance Company; the largest Negro owned insurance organization in the world. Founder John Merrick, previously a successful barber and real estate man, received his first financial stake from James B. Duke. Other pioneering firms can be found in Durham, including the Mechanics & Farmers Bank.

Source:

The State (NoCar F 251 S77), Vol. 29 Issue 21, Mar 1962, p15-16, il

Subject(s):

African American business enterprises--Durham