A Colored Bank Fails

March 13, 1897

Summary

A black owned bank fails and the reasons are unknown.

Transcription

A Lexington Savings Bank, a colored institution at Baltimore, MD has failed, with liabilities of over ($16,000) sixteen thousand dollars.
Lawyer E. J. Waring, the president and cashier has disappeared. The safe was forced open by experts and only ($28.72) twenty-eight dollars and seventy-two cents found therein.
A profound sensation has been created.
About this article

Location on Page

Upper Left Quadrant

Contributed By

Brian Schrott

Citation

“A Colored Bank Fails,” Black Virginia: The Richmond Planet, 1894-1909, accessed January 18, 2026, https://blackvirginia.richmond.edu/items/show/1134.