Black businesses started to move from previously integrated business district downtown to the relative safety of the area around the Atlanta University Center west of downtown, and to Auburn Avenue in the Fourth Ward east of downtown. "Sweet" Auburn Avenue became home to Alonzo Herndon's Atlanta Mutual, the city's first black-owned life insurance company, and to a celebrated concentration of black businesses, newspapers, churches, and nightclubs. In 1956, Fortune magazine called Sweet Auburn "the richest Negro street in the world", a phrase originally coined by civil rights leader John Wesley Dobbs from the poem The Deserted Village by Oliver Goldsmith. Sweet Auburn and Atlanta's black colleges formed the nexus of a prosperous black middle class and upper class which arose despite enormous social and legal obstacles.
