![]() He was the president of the Municipal Art Society, active in the formation of the First Presbyterian Church, and a prominent contributor to Johns Hopkins University and Hospital. Spence was a pillar in the Baltimore community. Later, he founded the Mercantile Trust and Deposit Company and became an officer of The Eutaw Savings Bank. Spence also set up an import/export firm called W. ![]() Spence was a finance commissioner with Enoch Pratt. He came to Baltimore to enter into a business partnership with Andrew Reid, forming the corporation Spence & Reid, which manufactured clipper ships. Spence then moved to Norfolk, Virginia, and was employed as a shipping clerk at Robert Soutter & Sons. Spence first lived in New York City for five years and worked as a clerk there. He attended high school in Edinburgh and immigrated to the United States at the age of eighteen with only one-hundred dollars in his pocket. ![]() William Wallace Spence was born on October 18, 1815, in Edinburgh to Sarah (née Dickson) and John Spence. ![]() He was a founding partner of Spence & Reid, which manufactured clipper ships, established an import/export firm at Pratt Street’s Old Bowley’s Wharf, and founded The Mercantile Trust and Deposit Company. William Wallace Spence (Octo– November 3, 1915) was a Baltimore Financier. ![]()
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