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Charles Sammons*
Inducted 2000
Posthumous
Charles A. Sammons learned at an early age that he disliked toil and
preferred to be a thinker. Born in Ardmore, Oklahoma – Indian
Territory, he was orphaned at age 11. From humble beginnings and
without benefit of college training, his unique management style led
him through various endeavors, and eventually to the insurance
industry. With two associates, Sammons formed Postal Indemnity Co.,
which grew rapidly, acquiring other insurance concerns as it grew.
In 1938, he began Reserve Life Insurance Co., which became the basis
for his future success. He made generous donations toward health
care and medical research. The “Charles A. Sammons Tumor Institute
and Radiation Center” at Baylor University Medical Center, opened in
1977, was made possible by his $1 million challenge. In 1962,
Sammons formed Sammons Enterprises, a holding company to facilitate
ownership of his various companies.
*Deceased
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