The Dallas express. [volume] (Dallas, Tex.) 1893-1970, 1922-06-10
Negroes Sailor
GOIdCOast, Africa.
lpreston News servIce.l


New York. June s.-Chas w. Chap
pelle, president of African Union Com
pany, Gold Coast Africa, sailed Sat
urday. May 18th on the Baltic for
the Gold Coast with nine associates
to continue operations of the extern
sive holdings of this company in the
rich Gold Coast
Mr.. Chappelle, native of Pitts
burgh, Pa, made his first trip to Gold
Coast in 1912 and spent four months
In Africa during which time he saw
wonderful business possibilities for the
American Negro. He returned to this
country and organized a company with
such prominent American Negroes as
Mr.. Pettiford. president of the Penny
Savings Bank Of birmingham, Ala,
DIR. Emmett ]. Scott Secretary Treas
urer Howard University; Joseph l..
Jones, founder of Central Regalia
Company. Cincinnati, o.; Major r. r..
Jackson. member of Illinois State Leg
islature, Chicago. ILL.,; Mrs. Blunt. Gin
cinnati. o.; George NJ. Robb. business
man of Pittsburgh, Pa; and DR.. Henry
Allen Boyd, OF the Baptist Publishing
Board. Nashville, Tenn. Mr.. Chappelle
returned to Africa In 1913 and began
shipping mahogany and in seven
months the company had done over
$4,000 worth of bust ness. He return
ed to this country in December, 1913
to secure sufficient capital and orr
ganize and incorporate this company
York.
After returning to Africa in 1914.
the war soon broke out and made i'm
possible the development of export
time he began to strengthen the re-
sources of the company throughout
the Gold Coast The company is now
capitalized at 100000 and has re-
sources in Africa variously estimated
from three to ten million dollars.
Mr.. Chappelle was compelled to re-
main in that country for nearly three
years during this trip because OF the
business depression which maze ~ dir-
ficult for him to secure sufficient
company's operations in Africa.
With the party sailing for Africa
are Mr.. Hicks and wife, graduates of
Tuskegee Institute, going as machin-
pany; william Curtis, wife and baby.
of Sewickley, Pa, Mr.. Curtis is an
electrician and accountant. He was a
lieutenant in the late war. Willis
Adams and Thomas Cole. well known
builders and cabinet makers OF Pitts
burgh. Pa. They will ply their wage
for the company plans to build a
number of factories to house the va
ious Industrial enterprises being cals-
ried on by ii as yell as build homes
for the worlSmen, modelled after the
American building plans. Already
$4,000 of building contracts ere to be
completed within the next IS months
Two white men accompanied the
party. Mr.. Fox, who resigned his po-
sition as head of the whole5 sale de-
partment of foreign imports with the
Montgomery, Ward and Company in
Chicago and Joined the African I'm
ion Company to become It's American
purchasing agent. He Is going to Az
RIGA to stuay the needs of the COM
pany at that end Mr.. j. w. Crow
also Of Chicago, is accompanying the
party to go over the resources of the
company and put the whole PROPOSE
ton in the form of a prospectus.
A meeting of the Board of Directors
of the African Union company was
held a few weeks ago in the II. G.
Fricl5 Building in Pittsburgh, Pa, at
which a bond issue was ordered for
$3.50, 900. These bonds are in the de-
nominations of $500 and $1,000 each.
They are per cent, five year con-
vertible coupons and are in the hands
of DR.. J, II. Banks. member OF the
Society OF Civil Engineers Of America,
51S Wylie Avenue, Pittsburgh. 1t is
said that officials OF several Negro
banks throughout the country are
considering taking over a block Of
these bonds.