Wilmington plc (LON:WIL – Get Rating)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 306.99 ($3.82) and traded as low as GBX 287.50 ($3.58). Wilmington shares last traded at GBX 294 ($3.66), with a volume of 9,276 shares changing hands. Wall […]
BBC News
By Toby Luckhurst
image captionThe mob burned down the offices of the Wilmington Daily Record
A violent mob, whipped into a frenzy by politicians, tearing apart a town to overthrow the elected government.
Following state elections in 1898, white supremacists moved into the US port of Wilmington, North Carolina, then the largest city in the state. They destroyed black-owned businesses, murdered black residents, and forced the elected local government - a coalition of white and black politicians - to resign en masse.
Historians have described it as the only coup in US history. Its ringleaders took power the same day as the insurrection and swiftly brought in laws to strip voting and civil rights from the state s black population. They faced no consequences.