On this day in 1960, we celebrate the incorporation of Motown Records. With an $800 loan from his family, Berry Gordy Jr. founded the company, originally named Tamla Records. Motown became one of the most successful independent record labels in American music history, representing artists like Marvin Gaye, The Supremes, and Stevie Wonder. Its music transcended racial barriers, even during the era of Jim Crow segregation, and remains iconic to this day.