Meridian, Mississippi—once known as the Queen City for its status in the state—has lost much of its royal bearing by 1985. Overshadowed by more prosperous cities such as New Orleans and Atlanta, Meridian attracts less-than-legitimate businesses, including those enforced by the near-mythical Dixie Mafia. The city’s powerbrokers, wealthy white Southerners clinging to their privilege, resent any attempt at change to the old order. Real-estate developer...