The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1908-07-31
Have Greatly Developed In the Last
Few Years. r.
MANY new INDUSTRIES OPENED UP
A Whole Block Of New Stores on
Parrish Street COlOred Bank,
With slO,OOOCapital New
49,
Drugstore.

growth and development of our
city in all lines of industry,
education and politics; there has
been a constant force at work
among the colored inhabitants of
our town that has worked mar
velous wonders in the develop
ment of that race. For many
years these people have perform
ed their work.in quiet, conserva-
tive way, unnoticed by many of
our citizens, but now they are
beginning to bud forth in great
pomp and splendor. All over
Durham they have established
large enterprises of every kind,
and are gradually growing and
becoming stronger.
With the opening up of a whole
block of stores, including the
Merchants and Farmers bank,
on Parrish street, Durham leads
all other Carolina towns in its
, colored industries. The bank,
, which is altogether owned by
our colored friends, makes the
third one run in this State by
members of the African race. 1t
is true that many of the other
: States in the Union possess more,
but the colored population of
q North Carolina are steadily GO
t ing up the hill, and it will not be
3 long before they equal, if not
S surpass many of their "colored
brethren" in this enterprise.
i The Merchants and Farmers
= bank is an institution capitalized
, at $4,000, and its doors will be
opened for business on Saturday.
= In the same building in which
the bank is, there are two Other
store rooms fronting Parrish
street, besides the many Office:
n that are above on the second
IT floor. In these there is an up
5. to-date drugstore with an auth
d orized capital of $4,000, o
re- which about $500 has been pait
j. in, and a colored barber shop
at which is managed by W. Nj
Allen.
In order to better understan,
ne the wonderful success Of thes
s people, we will endeavor to Civ
he a short history leading up to tn
c. development of these many nev
rs industries. 1t is possibly to tn
Mt influence of John Merrick that
er great part of the building up o
these enterprises is due. He
known by nearly all of our pee
- pie, and started out severs
" years ago without anything what
- ever. He first began by SHAW
- Buck Duke" so it isssaid, but a
e to whether he got his start in thi
=. way is a disputed fact. Mer
~ rick was a barber for a numbe
- of years, but he is now a grea
owner of industries, and has &C
- cumulated a neat sum of none
by his own honest toll and ef
to forts. He is a capital organizer
at and this is shown in the numbe
m of establishments he has just as
id sisted in organizing on ParrisI
err street. With him there ar
- coupled several others who ar
IN also excellent organizers. Anon.
IN these are to be mentioned DR.. A
at NJ. Moore, W. G. Pearson and {
id c. Spaulding.
90 MERCHANTS AND FARM
nv Frs BANK.
III A charter was secured for thi
bank some time ago, and it ha
been nicely fitted up. It contain
X, a vault of enormous size, an
on safes in which money will be q
n safe and secure as anywhere els
ue on earth. 1t Is an up-to-date an
by first-class bank in all respectl
is and something which all tn
at members Of the dark race shoul
IN be proud of. The officers of til
90 bank are as follows: r. B. Fit,
an gerald, president; John Merricl
ne yiee-president, and w. G. Pea
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