Baltimore Archdiocese Lists Treasure Chest Of Baubles In Bankruptcy Filing: Gold, Diamonds, Emeralds, Pearls

The Baltimore Sun reports:

Diamonds and emeralds, marble busts and oil paintings, sterling silver flatware and an ivory crucifix — these are just some of the things the Archdiocese of Baltimore possesses in its treasure chest of valuables. The items, including rings, precious gemstones, gold and silver chains, and antique furniture, were disclosed as part of the archdiocese’s most recent court filing in its ongoing Chapter 11 bankruptcy.

Among the possessions: A cross made of gold set with 36 emeralds. A gold ring with an amethyst set in the center surrounded by 28 diamonds. A locket with a profile of St. Peter surrounded by 16 sapphires and eight pearls. The full list of collectibles spans 11 pages.

Baltimore Archbishop William E. Lori opted to have the church file for bankruptcy in late September ahead of a new law going into effect that removed the statute of limitations on lawsuits for people who’d been sexually abused as a child.

Read the full article.

Baltimore archdiocese lists diamonds, emeralds and gold among assets in bankruptcy https://t.co/1LpeFKaRqo

— PennLive.com (@PennLive) November 2, 2023