New York Renaissance Formed Feb13

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New York Renaissance Formed

1920 – Andrew “Rube” Foster organizes the Negro National League. Foster, who was owner and manager of the Chicago American Giants, met with other team owners at the Kansas City YMCA and Foster was named the first league President. The initial teams were the St. Louis Giants, the Chicago American Giants, the Chicago Giants, the Cuban Stars, the Detroit Stars, the Dayton Marcos, the Kansas City Monarchs and the Indianapolis ABCs. The league was the first stable league of Black teams but would fold in 1931 as a result of the Great Depression.

   

1923 –  The New York Renaissance formed. The Renaissance (also known as the Renaissance Big Five and the Rens) was one of the dominant professional basketball teams of the 1920s and 1930s. The team regularly engaged in games against white teams and defeated the Boston Celtics for the first time in 1925. The Rens compiled a record of 120-8 during the 1932-33 regular season and a 2588-539 record during its existence. The team was collectively inducted into the Naismith Memorial Basketball Hall of Fame in 1963.

 

1970 – Joseph Searles admitted to the NYSE. Searles, a former football player for the New York Giants and a floor partner for the firm of Neuberger, Loeb and Company, became the first black floor member and floor broker in the New York Stock Exchange.