2 comments

  1. Sometime I want you to tell me exactly what happened with the officers that made that bank fail. Was it Reid who was culpable?

    I am speaking without knowing the facts, but my impression is that Wilson was often within a hair of competing with Durham for the strength of its African-American community, but then some unfortunate event—like the bank failure, would cause things to come crashing down. It is such a shame. Wasn’t there an insurance company, also?

    B. Perry Morrison, Jr. Morrison Law Firm, P.L.L.C. P.O. Box 2046 4612 Nash Street North Wilson, NC 27894-2046 (252) 243-1003 (252)243-1004 (fax) http://www.nccomplaw.com

    This email, and any attachments thereto, is intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this email, you are hereby notified that any dissemination, distribution or copying of this email, and any attachments thereto, is strictly prohibited. If you have received this email in error, please notify me immediately and permanently delete the original and any copy of this email and discard any printout thereof.

    Like

    1. I don’t know any more than was reported. Whoever was culpable, Reid and Stanback alone did stints in the state pen. The community certainly seems to have experienced a prominence — from say 1890-1930 — that it has never quite matched since. The insurance company was Lincoln Benefit Society. It was a Vick creation, but I don’t know it’s fate.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s