Dunbar history

In 1940 the African American population in Glenville was just 899, but by the end of the decade, the population increased to 22,060, or 24 percent of the total population.

1943, Clarke incorporated the new Dunbar Life Insurance Co. and, by 1 Apr.

The next step came in 1947 when the company began canning pepper in tin cans to sell to other food processors.

1948 reported $6 million worth of insurance in force and assets of more than $400,000.

By the end of 1950, Dunbar Life had over $7 million in total insurance force and a capital surplus of $198,760.

Dunbar Life passed the $1 million mark in total assets in 1952 and held over half their assets invested in first mortgage loans on black property valued at $578,195.24.

Quincy became approved for FHA mortgage loans under provisions of the National Housing Act in 1954.

John and Dorothy Pegg were not the first to purchase lots, but their property did become the focus of an attack by white neighbors on January 3, 1956, when a bomb destroyed their garage and blew a hole in their dining room wall.

By the end of 1958, Dunbar's assets had grown to nearly $2 million, and its insurance in force was more than $12 million.

Black population influx was located almost entirely in western Glenville on the streets off East 105th Street just south of St Clair Avenue, and by 1960 this area of Glenville was 90 percent black.

Jeff Bezos was born in Albuquerque, New Mexico, on January 12, 1964.

In 1967, the company expanded its processing capabilities with a new start-up plant in Saticoy, California.

In 1978, the YMCA relocated to a new facility on Dayton-Liberty Road.

The company’s assets grew to more than $11 million by 1979.

In 1981, Moody died suddenly of a heart attack at the age of 76.

By 1982, the company had liabilities that exceeded their assets, and in the following year Cleveland Community Savings was closed by the Federal Savings and Loan Insurance Corporation.

In 1984, Moody Dunbar, Inc. bought the H.P. Cannon Company’s assets and plant in Dunn, North Carolina.

After falling into disrepair, the building was rehabilitated by Aviation Trail, Inc, and on January 25th, 1989, The Wright Cycle Company was designated a National Historic Landmark.

Since 1990, Moody Dunbar, Inc. has been supplying a high quality roasted pepper to the Industrial, Food Service and Retail trade.

In 1993 Bezos married Mackenzie Tuttle, whom he had met at D.E. Shaw.

In 1994, Dromedary®, the number one brand of consumer pimientos, was purchased and added to the product line.

It sold its first book in 1995.

In June 1998 it began selling CDs, and later that year it added videos.

In 1999 Bezos added auctions to the site and invested in other virtual stores.

Next, in 2000, the Osage® and Sunshine® brands were also purchased.

As more companies battled for Internet dollars, Bezos saw the need to diversify, and by 2005 Amazon offered a vast array of products, including consumer electronics, apparel, and hardware.

Amazon diversified even further in 2006 by introducing Amazon Web Services (AWS), a cloud-computing service that eventually became the largest such service in the world.

In late 2007 Amazon released a new handheld reading device called the Kindle, a digital book reader with wireless Internet connectivity, enabling customers to purchase, download, read, and store a vast selection of books on demand.

Amazon announced in 2010 that sales of Kindle books had surpassed those of hardcover books.

Bezos bought The Washington Post and affiliated publications for $250 million in 2013.

Bezos’s net worth was calculated in 2018 at $112 billion, making him the richest person in the world.

The couple announced in January 2019 that they were divorcing, and the following day the National Enquirer printed a story revealing that Bezos was having an affair with another woman.

In 2020 he had a net worth of more than $180 billion.