Evidences of Progress Among Colored PeopleRichings, G. F.
History
Evidences of Progress Among Colored People
Richings, G. F.
African Americans
The business having increased to such an extent during the first three
years, it was decided to increase the capital stock and incorporate
the company. Accordingly the corporation was formed May 1, 1892, under
the name of The Webb-Jameson Co. The capital stock was $3,000, fully
paid. The stockholders consisted of C. A. Webb, Walter Jameson, Samuel
Smith and Mrs. Ida M. Bryant. At the first meeting of the stockholders,
officers were elected as follows: C. A. Webb, President; Walter
Jameson, Vice-President; Samuel Smith, Superintendent, and Mrs. I. M.
Bryant, Secretary and Treasurer, with the same officers as directors.
The business has gone on adjusting itself to the conditions of the
times, but never losing ground, not even in the trying times of 1893-4,
from which the country has not even yet fully recovered.
Notwithstanding the increased competition which each year brings forth,
The Webb-Jameson Company maintains their position in the lead. The
entire business operated under the management of C. A. Webb amounts to
from twenty to twenty-five thousand dollars per year. This volume of
business necessitates the employing of twenty-five to thirty clerks
and workmen, and six teams to prosecute the work, and during the busy
season more are required.
The expenses of the company in wages, the purchase of new and improved
tools, repairs, taxes, advertising and insurance, amount to several
thousand dollars per year--all of which goes to show that they are
doing business according to the methods approved by the best and
most conservative business men of the opposite race. Much more might
be said of the business of The Webb-Jameson Company, but be it said
to their credit that many who seek business relations with them are
surprised to meet colored men. So great is their surprise, they often
make the ludicrous statement, "I thought Mr. Webb was a white man,"
and frequently add, "Well, who is Mr. Jameson?" thereby showing that
the general idea, without positive knowledge, is that The Webb-Jameson
Company is conducted by white instead of colored men.
Besides the business already mentioned, Mr. Webb is president of a
building and loan association, conducted entirely by colored men and
patronized entirely by the colored people. This enterprise thus far has
been very successful.
CHAPTER XX.
WALTER P. HALL.
I met Mr. Walter P. Hall for the first time in 1892, when giving my
first course of Illustrated Lectures on "Race Progress" in Philadelphia.
Public-domain text, read in full here on John Shaqi.
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