Carr P. Collins
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Carr P. Collins Sr. (May 12, 1892 – January 17, 1980) was an American insurance magnate and
philanthropist Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...
.


Early life

Carr P. Collins Sr. was born on May 12, 1892, in
Chester, Texas Chester is a town in Tyler County, Texas, United States. The population was 312 at the 2010 census. Geography Chester is located at (30.923401, –94.599131). According to the United States Census Bureau, the town has a total area of 1.6  ...
. His father was
Vinson Allen Collins Vinson Allen Collins (March 1, 1867 - July 5, 1966) was a Texas politician. Early life and education Vinson Allen Collins was born in Hardin County, Texas near Honey Island on March 1, 1867. He was the seventh child of Warren Collins and Eboli ...
and his mother, Elizabeth (Lizzie) Hopkins. His paternal grandparents were Eboline and Warren Collins. The Collins family moved to Texas from Mississippi in 1854, prior to the American Civil War. He spent one year at Southwest Texas State Teachers College (now Texas State University).


Business career

In 1913, he was appointed first secretary of the Texas Industrial Accident Board, which had been founded as a result of legislation sponsored by his father in the Texas Senate. He then had a long career in insurance. He founded the
Fidelity Union Life Insurance Company Fidelity Union Life Insurance Company is an insurance company based in Dallas, Texas. In 2012, it had assets in excess of $19 billion. The high-rise residential building known as Mosaic Dallas originally served as its corporate offices. It wa ...
in 1928 in partnership with William Morriss. In 1958, the newly constructed Fidelity Union high rise was the tallest skyscraper west of the Mississippi River. The company's rapid growth resulted from a novel
employee stock option Employee stock options (ESO) is a label that refers to compensation contracts between an employer and an employee that carries some characteristics of financial options. Employee stock options are commonly viewed as an internal agreement prov ...
plan partially devised by Collins. The company was sold to Alliance of Germany for $360,000,000 in 1980. In the 1930s, he launched a coast-to-coast radio selling campaign for a product called Crazy Crystals, dehydrated minerals from the springs at
Mineral Wells, Texas Mineral Wells is a city in Palo Pinto and Parker Counties in the U.S. state of Texas. The population was 16,788 at the 2010 census (14,644 in Palo Pinto and 2144 in Parker). The city is named for mineral wells in the area, which were highly popu ...
. They were advertised both as being a laxative and as having other healing powers when dissolved in water. His radio station XEAW was the most powerful station in the country at that time, which he used to market Crazy Crystals. He also owned the Crazy Water Hotel in Mineral Wells, Texas to accommodate movie stars and celebrities seeking therapeutic treatment. Sales reputedly reached $3 million a year, although the Food and Drug Administration later declared the product (and numerous similar products) fraudulent. Other early accomplishments include the startup of Ventahood, still owned and operated by the Woodall side of the family. In 1968, he received the Golden Plate Award of the American Academy of Achievement. In the later decades of his life, he was involved in a number of manufacturing and homebuilding ventures which included Mayflower Estates in Dallas north of
Preston Hollow Preston Hollow is a neighborhood in north Dallas, Texas, USA. It is bordered on the south by the city of University Park, Texas. History Beginning in the 1850s, the first settlers began receiving land grants for Preston Hollow’s land. Amon ...
.


Politics

He was also involved in Texas politics as a
Democrat Democrat, Democrats, or Democratic may refer to: Politics *A proponent of democracy, or democratic government; a form of government involving rule by the people. *A member of a Democratic Party: **Democratic Party (United States) (D) **Democratic ...
. In 1938, he became an advisor to gubernatorial candidate
W. Lee O'Daniel Wilbert Lee "Pappy" O'Daniel (March 11, 1890May 11, 1969) was an American Democratic Party politician from Texas, who came to prominence by hosting a popular radio program. Known for his populist appeal and support of Texas's business commun ...
. As governor, O'Daniel tried to appoint Collins to the state highway commission, thus breaking the tradition of giving each major section of the state a member; the Senate voted Collins down. After a bitterly disputed race for the United States Senate in 1941, in which O'Daniel narrowly defeated Lyndon B. Johnson, a Texas Senate investigating committee questioned Collins about a large undeclared gift of radio time to O'Daniel on Collins's Mexican station, XEAW. Collins claimed that the time was paid for by O'Daniel's friends but that he could not remember the donors and had kept no records of the contributions.


Personal life

He married Ruth Woodall, a schoolteacher from Hallsville, Texas, in 1914. They had three children together: James M Collins, businessman and member of the U.S. House of Representatives; Carr Collins Jr., a businessman and amateur genealogist; and Ruth Collins Sharp Altshuler, a prominent Dallas philanthropist.


Death

He died on January 17, 1980.Obituary in ''Dallas Morning News'', January 19, 1980


References

{{DEFAULTSORT:Collins, Carr 1892 births 1980 deaths People from Tyler County, Texas Texas State University alumni Businesspeople from Texas Texas Democrats 20th-century American philanthropists 20th-century American businesspeople