The Colored Elevator
Nashville Globe – February 15, 1907
A unique organization whose object is to encourage employees to put aside a small portion of their earnings each week for a rainy day and to encourage them in the saving habit, had its birth about November 1, 1906, in West Nashville, on the grounds of Vanderbile [sic] University. The organization is known as the “Colored Elevator.” Its membership constitutes mostly the employees at Vanderbilt University, especially those at Kissam Hall. These young men through their efforts perfected a very strong organization with R. W. Wingfield, president; Monroe Modley, vice president; A. N. Owens, secretary; Walter Whitaker, treasurer. They require from each member a deposit of 50 cents per week with the treasurer. A receipt for this 50 cents is given by the treasurer to the depositor as proof that this amount is held in trust to his credit. There are no restricting laws and bylaws regulating this fund, except the moral set forth in the intent of the organization. A member may withdraw his amount at will. They have managed to bring in up to the present time $70.00, which will be disbursed to the members at the close of school.
The organization also provides that certain nights in th week be set apart for debating. They discuss current topics respecting the race and its condition throughout the country. Most of the members reside in the state of Tennessee, but few of them, however are from Nashville. The following are some of the staunch workers of the organization: Messrs. Baldwin Fitzgerald, Robert Mason, Hofard Evans, John Massey, Percy Durhams, Lewis and Preston Webb. They propose to continue the organization, and have been encouraged by the addition of new members from time to time.