Home / Full timeline / Stephen Smith, an enslaved Black man, purchased his freedom. He would then go on to become a successful businessman and civil rights activist.
Stephen Smith, an enslaved Black man, purchased his freedom. He would then go on to become a successful businessman and civil rights activist.
1816 (Jan 3)
Stephen Smith purchased his freedom from slavery for fifty dollars in January 1816 and, later that year, his release from indentured servitude. Smith had previous experience in the lumber business and soon established his own firm. Smith was born to an enslaved mother, Nancy Smith, in Paxtang, Pennsylvania. At the age of five he was indentured to a patriot of the Revolutionary War, Thomas Boude. Great success allowed Smith to dabble in coal, railroading, stocks, and real estate, and eventually brought him into ownership of more than fifty houses and $18,000 worth of stock in New York's Columbia bank. But Smith still faced challenges because he was Black. In 1834, envious Whites attacked his office, and later that year, Smith was warned that he should leave his Columbia community. He remained in Columbia until 1842 when he moved to Philadelphia. Smith attended a national convention for free people of color in New York and Philadelphia, Pennsylvania. He was also an activist who participated in the operations of the underground railroad, the American Moral Reform Society, and the Pennsylvania Anti-Slavery Society, among many other abolitionist groups. Smith was a benefactor to the Institute For Colored Youth, The Home For Destitute Colored Children, The House of Refuge, and the Olive Cemetery. The House For Age and Infirm Colored Persons was renamed the Stephen Smith Home For The Aged, in recognition of Smith, who had donated $28,000 and the ground to build on and made the home the principal beneficiary of his estate. Smith died in 1873.
References:
- • Hornsby, Alton. Chronology of African-American History: Significant Events and People from 1619 to the Present. Detroit: Gale Research, 1995.