Black Wall Street has been used to name three different locations: Parrish Street, Durham, North Carolina; Greenwood, Tulsa, Oklahoma; and Jackson Ward, Richmond, Virginia. Below are some facts you may not know about the African American business districts.
1. Parrish Street in Durham, North Carolina was known as Black Wall Street in the late 1800’s and early 1900’s. Its name was patterned after Wall Street in New York City.
2. In the early days before railroads had been built in the area (Durham, North Carolina), agriculture had been the predominant industry apart from a few instances of transporting livestock.
3. The rise of the commercial district in Durham, North Carolina, can be attributed to the efforts of the “Triumvirate” of the Black community or the “black captains of industry”, as described by Booker T. Washington, namely, Charles Spaulding, John Merrick and Dr. Aaron M. Moore who had been responsible for the success of North Carolina Mutual Life Insurance which spearheaded the rise of the financial district. (Source: Read more)