Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1903-01-01
THRIFT OF The. COLORED RACE.
Year Of Success in Financial and Business Circles
Religious, Educational Beneficial and Social lnstltu-
tons Show Striking Development.

andria, norfolk. PETERSBURG, hy HcHouh e,.
Roanoke, Clifton Forge. Portsmouth.
Covington. Manchester. Waynesboro and
Washington, d. c. Il II. johnson 1s
president. J. J. Carter cashier, and John
T. Taylor secretary and general man-.
ager.
The Commonwealth Beneficial Associa-
ton has its Office at $50 Brook avenue
1t operates principally in this city. hav-'
Ing membership Of 5000 Christopher
Smith is secretary and general manager
The Woman's Cornerstone beneficial
Society was incorporated in 1885. its CAPT
tai stock being 5000. It's Office Is a02 TX
west Leigh street Its omcers are all
females The society is in a highly pros
porous condition. It's membership num-
Chiiesburg and Hardensburg Va.
The Woman's Union is another society
differed and managed entirely by women
Its home office Is 800 ST James street :
Tho American Protective Association
and the Virginia State Relief Associa ton
have Offices at S12 east Broad street. Giles
B. jackson is president Of the former. and
John F. Brown president Of the latter.
Benevolent Associations.
In addition to these chartered societies
there are number of other organizat tons
among the colored people. While they
are in the main beneficial, yet they have
social features connected with them,-
Prominent among these may be mention
ed the Independent Beneficial: and So
cial Club. Starlight Club. Lincoln Bene-
fetal. Messiah, Association. Elks. Voting,
Mems Bloom of Youth, Lily-of-the-Valley
Rose of Sharon. Samarftans. Little Dove
Olive Leaf. Young Ladies Benevolent
Odd Fellows, Sisters of Love- Astoria:
Coronella, Pilgrim Daughters, BARRIERS
Union. Cooks Union. Walters Union, and
Coschmen's Union.
Among the literary and musical So
cieties are the Mems Literary Society of
St. Philips Protestant Episcopal church.
Edward Ellis, Jr., president, and George
ST. Julien Stephens. secretary and editor
The Ciceronian Literary. the Friday
Evening Art ard Needle-Work Circle
Violet Art Circle.
Banking Institutions. I
In March. 1885, there was granted by
the Legislature of Virginia charter to
The Savings Eanis Of the Grand Fountain
Order of True Reformers. capital stock.
100000. Tho bank commenced business
April, 1859, and from that time down to-
the present has steadily increased in
volume Of business. It now has paid
up capital stock of 100000. From the
humble sum Of $3.50 deposited the first
Gay the bank opened business In 1852,
the deposits have grown to $350.s5S. and
the volume of business transacted
amounts to Sc, 100 141.47. During the finan-
cial panic Of 1888. the Savings Bank of
the Grand Fountain was the only bank IL
the city of Richmond that did not cease
TO pay cash on all checks presented while
the majority Of other banks were using
script and clearing house checks 1 his
bank had it's origin in the brain Of Will.
liam ". Browne. native of Habershamr
county, Ga. The banking house is located.
CIV Pow
Taylor president: R. Hill, cashier.
The Mechanics Savings Bank, which
began business January 1. 1902 was char
tered under the laws of the State. .,ovenl-
Der. 1901 Its capital stock is $4,000 II
ownF real estate to the value of S16.vvv:
The amount of money on deposit is
$4,000 Its place of business is 511 north
Third street in Pythian Castle.
The officers are John Mitchell. Jr., presi-
dent: Thomas H Wyatt, Cashier: Dir
rectors: J. c. Farley, w. F. Graham, E.
r. jefferson, John R. Chiles, B. P. Vans
deryall D. j. Carver. William H. Hankins
John Mitchell, Jr.,, John Taylor, H. f.
Jonat than. Thomas Smith. r. W. Whiting.
Thomas NJ. Crump (secretary), e. A.
Washington, J. j. Carter, William Gus
talo.
The Nickel Savings Bank is located
at COL north Thirtieth street and has a
branch Office atl11 north Fourth street,
DR.. r. F. TanciI is president and e.
A. Washington. cashier.
Laundries and Barber Shops. =.
One of the leading business enterprises
among the colored people. calling for
skilled labor is the Richmond Steam
Laundry. owned and operated by two
brothers, George w. and Dorsey p
Bragg, s1s AMI 3o6 north Seventh street
They began the business here in 1883
and by close attention to business and the
use the most improved and latest ma
chinery. command the lions share of the
laundry business Of the city. Their plant
is splendidly equipped having machinery
valued at more than $4,000 They have:
two fine delivery wagons, and employ
26 hands,
There are 81 barber shops IN the city
conducted by colored men, who give en-
ployment to more than 200 workn1e en-
Some Of these shops are handsomely fit
Led up and represent an expenditure Of
many thousands of dollars. The boss.
BARRIERS are ell young men. The principal
shops are Murphy's Hotel, John O. Lewis
proprietor; value of furnishing and work
$1,000; c A. Scott. $1,000; Miles Debhress.
$500; John S. Powell. Successor to W. B.
Lyons $500; w. F. Brown, Lexington
Hotel. $4,000: ". S, Peyton, s.. 500; Richard
Sampson. S1.5oo: Ben. Bailey, $1,000: W.
James H Sampson, s1.700; N. v. Bacchus,
$1,000: 3. F. Jackson. $1,000; George W.
Robinson, $780,
Funeral Directors and Lfverymen.l.
Possibly nowhere In hte country are.
there funeral directors and liverymeh
among the colored people who are more.
prosperous than those in Richmond
There are several coored men engaged
In this business. A. D. Prices estab:c
!ishment is worth In the neighborhood OF
$4,000. He has three funeral cars, nine
carriages. several tourists wagons ant:
pleasure vehicles. He gives employment
10 eighteen hands.
William Isaac Johnson owns the moss
valuable business site OF any colored mar
in the city; his place of business being at
Foushee Hall. 2o7 North Foushee street
adjoining Grace-Street Baptist church.
and separated from the Raab building
by ten-foot alley. Mr.. Johnson has.
been funeral director and liverymaI
for some twenty years or more Ht
gives employment to sixteen nands. y
Arthur Hayes is another of the success
fnl co1ored undertakers. He owns his
place of business. Hayes Hall, No. "a.
North Second street He employs ten
hands.
Transfers and Mechanics.
Delaware Bowles is the leading team,
ster of the city among the colored people,;
He owns eight double-team wagons. and
sixteen mules and employs sixtee,t