Industrial Bank

Language: English

Published by Arcadia Publishing Library Editions, 2012

1531662854 / 9781531662851

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - Pres. Franklin D. Roosevelt declared a bank holiday on March 5, 1933, closing banks across the country until they proved financial soundness. Meanwhile, as the United States crawled out of the Great Depression, Jesse H. Mitchell and a group of black businessmen accomplished the extraordinary--they started a black-owned bank on a street known as 'Black Broadway' in the nation's capital. Mitchell, a Howard University-educated lawyer and realtor, and his friends sold $65,000 in stock, and in the sweltering heat on August 20, 1934, Industrial Bank of Washington opened for business. A range of black investors rallied around the effort, from individuals, churches, and service-oriented organizations to savvy business owners. The bank has carried on for three generations: Mitchell's son B. Doyle Mitchell Sr. succeeded him as president in 1953, who was then succeeded in 1993 by his grandson B. Doyle Mitchell Jr. as president and CEO and his granddaughter Patricia A. Mitchell as executive vice president.…

Seller Inventory # 9781531662851

Title
Industrial Bank
Author
Patricia A. Mitchell
Publisher
Arcadia Publishing Library Editions
Publication year
2012
Condition
Neu
Binding
Buch
Language
English
ISBN 10
1531662854
ISBN 13
9781531662851
Item weight
417 grams
Dimensions
250x175x12 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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