Virginia Military Institute Archives
VMI ArchivesManuscript collections in the VMI Archives are made available for educational and research use. The VMI Archives should be cited as the source. The user assumes all responsibility for identifying and satisfying any copyright holders. Materials from our collections may not be redistributed, published or reproduced without permission from the VMI Archives. Contact the VMI Archives for additional information.
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The reward poster is avaliable online
Charles M. Figgat collection. Manuscript # 0283. Virginia Military Institute Archives
Charles M. Figgat was the cashier at the Bank of Lexington who embezzled over $145,000 and fled on February 14, 1895. Figgat's actions forced the closure of the bank and adversely affected the local economy. VMI incurred significant losses.
The collection consists of items related to Charles M. Figgat, who embezzled over $145,000 from the bank of Lexington, Virginia in 1895. Included is a reward notice distributed after Figgat fled, 10 cancelled checks from local banks (1870-1871) that bear Figgat's signature, and one petition to the Lexington school trustees endorsing Jacob Fuller for a teaching position, signed by Figgat and other citizens.