Samuel Wilson Rutherford (September 15, 1866 – January 18, 1952) was an American
businessman
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for th ...
who founded the
National Benefit Insurance Company in
Washington, D.C.
)
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In 1927, he won the first award and
gold medal
A gold medal is a medal awarded for highest achievement in a non-military field. Its name derives from the use of at least a fraction of gold in form of plating or alloying in its manufacture.
Since the eighteenth century, gold medals have bee ...
of the
Harmon award, for "his sound management and leadership of his company, which was developed from a small sick benefit association with
capital
Capital may refer to:
Common uses
* Capital city, a municipality of primary status
** List of national capital cities
* Capital letter, an upper-case letter Economics and social sciences
* Capital (economics), the durable produced goods used f ...
stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
in 1898 of $3,000 to a legal reserve
life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...
company with $75,000,000 in policies in force."
References
1866 births
1952 deaths
African-American businesspeople
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