^ ”Druid Hill Park’s Scottish Sentinel to be Rededicated: Statue of Wallace Nears Age 100” 20 Aug.^ a b c d e f Distinguished Men of Baltimore and of Maryland.Spence Dies at 100 Baltimore Financier Celebrated Birthday on October 18 His Career” 4 Nov. He was buried at Green Mount Cemetery in Baltimore. Spence died on November 3, 1915, at his home at 1205 St. Spence married Charlotte Morris of Baltimore in 1863.
Spence married Mary Susan Winkley (or Agnes Winkley). In 1840, Spence served as treasurer of The Egenton Home. Spence also served as president of the Presbyterian Eye, Ear, Nose and Throat Hospital. He is best known for erecting a thirteen-foot, iron statue of William Wallace, the Scottish martyr, in 1892 in Druid Hill Park and donating a copy of Danish sculptor Bertel Thorvaldsen’s Christus Consolator to Johns Hopkins Hospital in 1896. 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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