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Showing posts with the label $500

Black Star Steamship Lines (1919-1922)

The Black Star Line and its successor, the Black Cross Navigation and Trading Company, was founded by Marcus Garvey and the Universal Negro Improvement Association (U.N.I.A.).  The Black Star Line was incorporated in Delaware on June 23, 1919, and operated between 1919 and 1922. The company was capitalized at a maximum of $500,000. Shares were valued at five dollars each, and individuals could purchase a maximum of two hundred shares. Black Star Line stock was sold at U.N.I.A. meetings and conventions, by traveling agents, by mailed circulars, and through advertisements in the Negro newspaper. The Black Star Line was envisioned to be the U.N.I.A.'s vehicle for promoting worldwide commerce among black communities. Black Star Line ships would transport manufactured goods, raw materials, and produce among black businesses in North America, the Caribbean, and Africa, and become the linchpin in a global black economy.  To the surprise of the critics, just three months after...

Kelvin Darnell Martin

I ask myself why is it that rappers oftentimes name themselves after criminals. Is because the names of criminals already carries a certain notoriety or street fame in most cases?  50 Cent borrowed the his name from Kevin Darnell Martin  (July 24, 1964 – October 24, 1987.)  He was also known as 50 Cent. He was an American who grew up in the Bronx, New York but, later moved to Brooklyn, New York. He is primarily known as the inspiration for the rapper, 50 Cent.  Kelvin Martin was possibly known as '50 Cent' due to his reputation of being prepared to rob anyone, regardless of how much money they were carrying at the time. Another story is that it came from an incident when he entered a game of dice with a 50 cent stake and ended up walking away with $500. The n ickname  may also be an allusion to his physically tiny stature - he weighed only 120 pounds (54 kg) and his height was 5'2" (157 cm) He was shot on October 20, 1987 on the sta...