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This is a finding aid. It is a description of archival material held in the Wilson Library at the University of North Carolina at Chapel Hill. Unless otherwise noted, the materials described below are physically available in our reading room, and not digitally available through the World Wide Web. See the Duplication Policy section for more information.
Size | 8.5 feet of linear shelf space (approximately 4,500 items) |
Abstract | The Washington Group, Inc., of Winston-Salem, N.C., was assembled in 1973 by R. J. Reynolds heir Smith W. Bagley and James R. Gilley and was composed of numerous companies, including Washington Mills of Virginia, Mayberry Ice Cream Shoppes, High's of Richmond, Johnston Mills Company of Charlotte, Diener Corporation of Pennsylvania and Oklahoma, and various retail outlets. The collection consists of records relating to the Chapter X bankruptcy of the Washington Group, Inc., food and textile conglomerate, chiefly collected by Richard A. Gilbert of Greensboro, N.C., who was appointed company trustee when bankruptcy proceedings began in 1977. Included are reorganization plans, files on individuals important in the proceedings, financial reports, and clippings. Also included are materials documenting various lawsuits and other actions related to the bankruptcy, ranging from the trial of Bagley and Gilley on counts of fraud and stock manipulation and Gilley's suit against the banks that he charged had forced the Washington Group into bankruptcy, to investigations of Gilley's alleged financial dealings with a Wake Forest University basketball player and misconduct on the part of the judge in the stock fraud trial. There are also materials relating to Richard A. Gilbert's own 1982 claim against the Washington Group for additional compensation for his work during the four-and-a-half year bankruptcy struggle. |
Creator | Washington Group, Inc. (Winston-Salem, N.C.) |
Curatorial Unit | University of North Carolina at Chapel Hill. Library. Southern Historical Collection. |
Language | English |
Processed by: Roslyn Holdzkom and Denis Barrier, January and May 1992; Caroline Moakley, November 2008
Encoded by: Caroline Moakley, November 2008
Back to TopThe following terms from Library of Congress Subject Headings suggest topics, persons, geography, etc. interspersed through the entire collection; the terms do not usually represent discrete and easily identifiable portions of the collection--such as folders or items.
Clicking on a subject heading below will take you into the University Library's online catalog.
The Washington Group, Inc., of Winston-Salem, N.C., was assembled in 1973 by R. J. Reynolds heir Smith W. Bagley and James R. Gilley and was composed of numerous companies, including Washington Mills of Virginia, Mayberry Ice Cream Shoppes, High's of Richmond, Johnston Mills Company of Charlotte, Diener Corporation of Pennsylvania and Oklahoma, and various retail outlets.
Back to TopThe collection consists of records relating to the Chapter X bankruptcy of the Washington Group, Inc., food and textile conglomerate of Winston-Salem, N.C., chiefly collected by Richard A. Gilbert of Greensboro, N.C., who was appointed company trustee when bankruptcy proceedings began in 1977. Included are reorganization plans, files on individuals important in the proceedings, financial reports, and clippings. Also included are materials documenting various lawsuits and other actions related to the bankruptcy, ranging from the trial of Bagley and Gilley on counts of fraud and stock manipulation and Gilley's suit against the banks that he charged had forced the Washington Group into bankruptcy, to investigations of Gilley's alleged financial dealings with a Wake Forest University basketball player and misconduct on the part of the judge in the stock fraud trial. There are also materials relating to Richard A. Gilbert's own 1982 claim against the Washington Group for additional compensation for his work during the four-and-a-half year bankruptcy struggle.
Back to TopNote that original file folder titles have, for the most part, been retained.
Folder 1-9
Folder 1Folder 2Folder 3Folder 4Folder 5Folder 6Folder 7Folder 8Folder 9 |
Reorganization plans and various briefs |
Folder 10-20
Folder 10Folder 11Folder 12Folder 13Folder 14Folder 15Folder 16Folder 17Folder 18Folder 19Folder 20 |
Trustee files |
Folder 21-25
Folder 21Folder 22Folder 23Folder 24Folder 25 |
Chapter X bankruptcy |
Folder 26-29
Folder 26Folder 27Folder 28Folder 29 |
Lawsuits |
Folder 30 |
Allman, C. E. |
Folder 31 |
Blackwood, W. A. |
Folder 32 |
Capretta, C. D. |
Folder 33 |
Friedman, W. S. |
Folder 34 |
Gilley, J. R. |
Folder 35 |
Legget, R. B. |
Folder 36-37
Folder 36Folder 37 |
Reynolds, R. W. |
Folder 38 |
Sage, W. R. |
Folder 39 |
Vaughn, R. H. |
Folder 40 |
Zane, E. R. |
Folder 41-48
Folder 41Folder 42Folder 43Folder 44Folder 45Folder 46Folder 47Folder 48 |
Financial reports and Peat, Marwick, Mitchell and Company correspondence |
Folder 49 |
Notes |
Folder 50-61
Folder 50Folder 51Folder 52Folder 53Folder 54Folder 55Folder 56Folder 57Folder 58Folder 59Folder 60Folder 61 |
Clippings |
Folder 62-66
Folder 62Folder 63Folder 64Folder 65Folder 66 |
Miscellaneous |
Folder 67-70
Folder 67Folder 68Folder 69Folder 70 |
Materials photocopied for R. A. GilbertPlans of reorganization and documents relating to the sale of Mayberry and of Yarn Mills. |
Folder 71-72
Folder 71Folder 72 |
Stephenson, Kyle H.: Case B-82-00262C-11 |
Folder 73 |
Technic Engineering |
Folder 74-76
Folder 74Folder 75Folder 76 |
Friedman reorganization plan |
Folder 77-80
Folder 77Folder 78Folder 79Folder 80 |
Trustee's reorganization plan |
Folder 81 |
Mayberry Corporation, 1979: B77-696 Plan of reorganization |
Folder 82-84
Folder 82Folder 83Folder 84 |
Trustees' reports, 1979-1981 |
Folder 85 |
Economic valuations |
Folder 86 |
Whispering Pines, Inc., 1981: Chapter 11 bankruptcy |
Folder 87 |
Day file, 1977-1982 |
Folder 88-90
Folder 88Folder 89Folder 90 |
Diary of time record, 1977-1982 |
Folder 91 |
Correspondence, 1982 |
Folder 92 |
English, W. Ike, P.E. |
Folder 93 |
Faison, O. William, Attorney |
Folder 94-95
Folder 94Folder 95 |
Gilbert, R.A., Trustee |
Folder 96 |
History and problems |
Folder 97 |
Management personnel |
Folder 98 |
Mayberry Corporation: B-77-701 |
Folder 99 |
News articles |
Folder 100 |
Organization structure |
Folder 101 |
Mayberry Corporation: Deeds of Trust |
Folder 102-104
Folder 102Folder 103Folder 104 |
Peat, Marwick, Mitchell and Company: Reports |
Folder 105 |
Pension plan and agreement |
Folder 106 |
Prospective purchasers |
Folder 107-108
Folder 107Folder 108 |
Reorganization: Chapter 10 |
Folder 109 |
Sale: Oklahoma plant |
Folder 110 |
Sale: Pennsylvania plants |
Folder 111-114
Folder 111Folder 112Folder 113Folder 114 |
Tultex Corporation |
Folder 115 |
Monthly report, April 1981 |
Folder 116 |
Fair market value in place appraisal |
Folder 117-118
Folder 117Folder 118 |
Liquidation value appraisal |
Folder 119-120
Folder 119Folder 120 |
Important papers |
Folder 121 |
Hearing on trustees' plan of reorganization |