Fuller Earle Callaway

Fuller Earle Callaway
Callaway circa 1918
Born	July 15, 1870, LaGrange, Troup County, Georgia, U.S.
Died	February 12, 1928 LaGrange, Troup County, Georgia, U.S.
Occupation	Businessman

Fuller Earle Callaway, Sr. (1870–1928) was an American textile manufacturer who was regarded as one of the leading industrial magnates of the Southern United States during the first decades of the 20th Century.

Fuller E. Callaway was born in the county seat of LaGrange in Troup County, Georgia, on July 15, 1870, the son of a second-generation Baptist minister, Rev. Abner Reeves Callaway. His mother, the former Sarah Jane Howard, died when Fuller was 8 years old.

Entrepreneurial in spirit from his youth, at age 18 Callaway made use of $500 he had saved in addition to borrowed starting capital and launched a dime store in his native LaGrange. He followed the business model established by F.W. Woolworth & Co. Callaway's venture proved successful. After expansion, his Callaway Department Store became the largest such firm in LaGrange and the flagship of a small regional chain.

Callaway's success as a dry goods merchant provided him with capital of his own. In 1895 he invested in LaGrange's first modern textile manufacturing facility, Dixie Mills.

Callaway later recalled:

"It was like the measles in the South in those days. Every town wanted to build a cotton mill.... We did not have much of anything, but we got up a cotton mill; and auctioned off the directorships. Anybody that would take $5,000 worth of stock, we would make a director; and if a widow with a son had $2,000, we would make the son a bookkeeper.... A good many of the laborers took stock in it. We had a great many poor white people with the highest type of morality and religion. They could not produce cotton at five cents a pound against the negro; and these men began to move to town as cotton mill operatives."

Although the mill was originally run with managers brought to the South from New England, investors soon prevailed upon Callaway to take over the active management of the facility himself. The operation was put onto a sound footing, and Callaway cashed out his stock in the operation, determined to leave the textile business. This decision proved to be short-lived, however.

In 1901, Callaway was a leading investor in a new facility, Unity Mills. Callaway worked as secretary-treasurer of the company, later known as Kex Plant, and continued to reinvest his profits over the subsequent two decades. He opened several other mills within a 100-mile radius of LaGrange.

...
Wikipedia