C. B. Powell
Clilan Bethany Powell was an American businessman who served as publisher of the Amsterdam News.
Early life and medical career
Powell was born on August 8, 1894, in Newport News, Virginia. He received his medical degree from Howard University College of Medicine in 1920 and served his internship at Bellevue Hospital. He was a member of the staff of Harlem Hospital for 8 years and started his private practice in New York City in 1921. He was one of the first African-American doctors to specialize in X-rays and ran an X-ray practice in Harlem for 25 years.Business career
In 1922, Powell helped found the Victory Mutual Life Insurance Company, a black-owned life insurance company led by Anthony Overton. He became first vice president of the company in 1934 and was promoted to president in 1940 following the death of Lacey Kirk Williams. In 1936, The Chicago Defender credited Powell with turning the company around. Powell also served as the president of the Community Personal Finance Corporation and the Brown Bomber Bread Company and owned four funeral homes.In 1936, Powell and Dr. Philip M. H. Savory purchased the Amsterdam News at bankruptcy auction. They paid $5,000 and agreed to take on over $30,000 of the paper's $42,000 debt. According to Powell, they acquired the paper chiefly to promote their other businesses. In 1959, Savory and Powell signed a Buy–sell agreement which allowed Powell to take full ownership of the paper upon Savory's death in 1965. In 1971 he sold the paper to a group led by Percy Sutton and Clarence B. Jones.
In 1940, Powell was nominated for president of the Negro National League. After a three-week deadlock between the supporters of Powell and incumbent President Tom Wilson, Alex Pompez was able to negotiate an agreement between the two sides that saw Wilson and the other league officers retain their jobs.