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Lovett, Wilson Stephen
Birth Year : 1885
Wilson S. Lovett was president of the First Standard Bank in Louisville, KY, which was established in 1921 with $50,000. It was the first African American bank in Kentucky. In 1928 the bank had assets of over $600,000. Lovett was also a civil rights activist who was a member of the NAACP and a member of the committee that led to the African American voters' repeal of the first bond effort to expand the University of Louisville. Wilson Lovett was born in New York, the son of Wilson and Annie E. Stevens Lovett, and he grew up in Pennsylvania [sources: 1900 U.S. Federal Census and Ohio Marriages Index]. He was married to Dorothy Payne Lovett (1896-1927), who was born in Kingston, Jamaica; the couple was married in 1924 in Franklin, OH. Wilson Lovett had worked as a stenographer in Alabama, he was employed in the Savings Department of Tuskegee Institute (now Tuskegee University) [sources: 1910 U.S. Federal Census and Negro Star, 01/27/1933]. Lovett founded the men's basketball team at Tuskegee Institute and was the first head coach from 1908-1909. The team was undefeated, winning all three of their games [see Golden Tigers website]. Wilson Lovett came to Kentucky from Memphis, TN [sources: Indianapolis Recorder, 04/02/1927]. In 1915, he was director of Standard Life Insurance Company in Louisville [source: Caron's Directory of the City of Louisville for 1915, p.900], which was prior to the establishment of the First Standard Bank. When he left the bank in 1929, Wilson Lovett became treasurer of the Supreme Liberty Life Insurance Company. During that same year, he served as secretary of the National Negro Bankers Association. In 1930, Wilson Lovett was president of the Standard Reality Corporation in Louisville [source: Caron's Louisville City Directory for 1930, p.1256], and president of the Credential Bond and Mortgage Company in Cleveland, OH [source: Cleveland (Ohio) City Directory, 1930, p.1056], all while living in Chicago, IL. According to the 1930 U.S. Federal Census, Wilson Lovett shared his home in Chicago with Henry McGasock, from Kentucky; they lived at 608 E. Fifty-first Street in Chicago. In the census, Lovett is listed as the treasurer of a life insurance company. For more see Who's Who in Colored America, 1927; Who's Who in Colored America, 1928-29; "Two dead, another injured," Indianapolis Recorder, 04/02/1927, p.1; "Business," Negro Star, 08/02/1929, p.1; "Program of National Negro Bankers Association," Plaindealer, 08/02/1929, p.4; and "Boom Wilson Lovett for Register of the Treasury," Negro Star, 01/27/1933, p.1.
Subjects: Activists, Civil Rights, Bankers, Banks, Finance, Financial Advisors, Basketball, Accountants, Bookkeepers, Certified Public Accountants, Stenographers, Insurance Companies, Insurance Sales, Migration North, Migration South, NAACP (National Association for the Advancement of Colored People), Realtors, Real Estate Brokers, Real Estate Investments
Geographic Region: New York / Pennsylvania / Tuskegee, Alabama / Memphis, Tennessee / Louisville, Jefferson County, Kentucky / Chicago, Illinois / Cleveland, Ohio