The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-01-16
Tribute Of Respect.
PEOPLES NATIONAL BANK.

PEOPLES NATIONAL BANK, [
CHARLESTON, s. c., January Is, 1863.
1t meeting of the Eoa-d of Directors of the Peo-
PIES National Bank, held this morning q. cobia,
president pro tenn was called to the chair, and H. e.
1oper requested to act as secretary.
The chairman then stated that the directors were
called together this day to pay fitting tribute 10
the memory of their esteemed aud valued friend and
president, the late DONALD +. MCKAY, who had
been intimately connected with them from the open
ing If the bank until his removal by death. on We'd
nesday, January 18th.
His stern integrity, his manly virtues. his devoted
attention to the best Interests of this institution, calls
forth from us some action which, doubtless you ore
now prepared to offer.
Mr. j. s. Gibbes then offered the following pream-
bic and resolutions
Our Board has assembled under circumstances OF
unusual so!emnty. Scarce day had passed since
our irst meeting under new election, when we
were startled and saddened By the announcement
that our President, D. L. McKAY, was numbered
with the dead,
On Tuesday he presided over our deliberations.
The next day he passed from time to eternity.
Death has made his presence almo't visible TO us.
With hearts overwhelmed By the suddenness o:
this calamity meet to pay the last tribute of res
pect and affection to his moIncry.
0Ir. MCKAY b ID firmly established his reputation
as an abe fuancier aad on experienced banker be.
fore he to il charge of this institution Having de-
veloped his rare talents in extending the business
aud maintaining the credit OF the Bank OF George.
town, and afterward in restoring, securing and
strengthening the prosperity of the Peoples Bank
he deservcdly occupied place in the first rank OF
our Southern fiuanciers. When the war ended, and
the da IN Of peace found prostrate and apparently
ruined lie aided in obtaining the first banking NJ
tai for Charleston. and was amony the earliest pro.
moters and founders of this National Bank.
gis untiriug cnerey-his eminent abilisy-his en-
Iarged expcrience-his frn yet courteous discharge
of the delicate duties of his posion-his enlightened
interest in the welfare OF the community and his de-
voon to the interests of the bank, have been of in
calcuable service to our city and this institution. His
place cannot be readily supplied or easily TILED.
We who were his associates, and who enjoyed such
full opportunity Of seeing how efficiently he met and
how ably he discharged the duties devolviDg upon
him, desire to make some enduring record Of our
estimate of him man Of busincss-of our respect
and esteem for his character, and OF our regard or
him as our friend; belt, therefore,
Resolved, That the Board of Directors of the Peo.
ples' National Bank mourn in sorrow the death of
their late President, DONALD !. MCKAY.
Resolved hat in tho death of DONALD L. MohAY,
this Bank has sustained great loss; that as Board
we bear testimony to his untfing zeal and devotion
to the interest of this Bank exhibiting in every day
life those sterling virtues and indsputable financial
abilities, combined wi h kindness and beneyolence.
which eminently qualified him to promote the inter
ests confdcd to bis care while he secured tho es-
teem and affection of all who valued these inestima
BILE qualities.
Resolved, That this Board lender their sympathy
and coincidence to the family Of the dect ased under
their great affection and that copy ofthese resolu-
tons be sent them.
RESOLVED, That this preamble and resolutions bo
recorded on the Minutes of the Board, and publish
a. G. LoPER. Secretary.