WARREN C. COLEMAN.
The mill is to have from 7,000 to 10,000 spindles, and from 100 to 250 looms, and, by their charter, will be allowed to spin, weave, manufacture, finish, and sell warps, yarns, cloth, prints, or other fabrics made of cotton, wool, or other material. They own at present, in connection with the plant, about 100 acres of land on the main line of the Southern Railway, and near the site of the mill. The mill and machinery with all the fixtures complete will represent an outlay of nearly $66,000, and will give employment to a number of hands. The building is now completed and ready for machinery.
Let us add that Concord has reason to and does feel proud of the fact that she has the only cotton mill in the world owned, conducted, and operated by the negro race.
At a meeting of the directors recently the capital stock was increased $50,000, and those wishing a good safe investment should secure some of this stock. The mill will be under good and safe management, and will, no doubt, be a paying institution.
Special inducements will be offered to any party or parties who desire to establish enterprises that colored labor may be employed. Full particulars can be obtained from the secretary and treasurer, W. C. Coleman, Concord, N. C.
When the Coleman Manufacturing Company demonstrates to the world, as it will, that colored girls can weave cloth, and that this enterprise is a paying one, there will be other men who will start similar institutions throughout the South. I am sure that my readers will read this article with more race pride than they have ever felt before when they realize that, while they read it, cloth is being woven by colored girls. This cotton mill, which is the result of Mr. Coleman's push and energy, will give the colored man a standing in the business world he has never had before, and will be, indeed, helpful.
COLEMAN COTTON MILL.
Warren C. Coleman is a most remarkable man, starting as he did from slavery, without money or education; in fact, he only had one term of schooling in Howard University, Washington, D. C. Mr. Coleman has for years operated a successful grocery store. He has met with heavy losses, caused by fire, to the amount of several thousand dollars. Many a man would have given up with the idea that fate was against him. Mr. Coleman is one of the largest owners of real estate in Concord. He also operates several farms in that county. He has educated out of his resources a number of young colored men and women. Mr. Coleman is doubtless one of the richest colored men in the United States.