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Charles Clinton Spaulding. Charles Clinton Spaulding (August 1, 1874 – August 1, 1952) was an American business leader. For close to thirty years, he presided over North Carolina Mutual Life Insurance Company, which became America's largest black-owned business, with assets of over 40 million US$ at his death.
Because of this, many investors left North Carolina Mutual, and by the time the company was reorganized in 1900, only Merrick, Moore, and Moore's young nephew Charles Clinton Spaulding remained. Spaulding was appointed General Manager with Merrick serving as President and Moore as his only other principal. Under this leadership, the growth of ...
Charles Clinton Spaulding, a leader of Durham's historic Black Wall Street, is the first African American inducted into the Thinkers50 hall of fame for management thought leaders.
Serving as the president of North Carolina Mutual starting in 1923, Spaulding enjoyed the reputation as America's leading Black businessman. [citation needed] In 1900, when Spaulding became general manager, NC Mutual was on the brink of failure. [8] By 1910 the company was titled as "the world's largest Negro business."
Albon L. Holsey, an executive at Tuskegee, was executive secretary of the League. Other leaders in 1922-23 were John L. Webb, treasurer (succeeding Charles H. Anderson), and Charles Clinton Spaulding, head of the North Carolina Mutual Life Insurance Co. in Durham, North Carolina. [10]
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Together with Dr. Aaron Moore and Charles C. Spaulding, Merrick helped increase the wealth of the “oldest and largest African American life insurance company in the United States”. [3] North Carolina Mutual was hugely successful—the company sold $4,986,344.40 of insurance and conducted business in many southern states across America. [9]
An upcoming book titled “Hillary's America” is sure to ruffle feathers in the Clinton camp as the 2016 election draws closer. New book claims to reveal 'secret history' of Hillary Clinton Skip ...