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

CHARLESTON. S. O., january is, 1869 /
AT meeting OF the Board Of Directors of the Peo-
PIES National Bank held this morning, II. Cobia,
president pro tenn, called to the chair and u G.
Loper requested to oct as secretary.
Tie chairman then stated that the directors were
called together this day TO pay fithng tribute to
the memory Of their esteemed and valued friend and
president, the late DONALD T.. MCKAY, who had
been intimately connected with them from tho open
ing If tho bank until his removal by death, on We'd
nestlay, January 18th.
His stern integrity, his manly vr ues, his devoted
attenonto the best interests of this institution calls
forth from some action which, doubtless you are
now prepared to offer
Mr.. j. S. Gibbes then offered che following pream-
BILE and resolutions
Cur Board has assembled under circumstances of
unusual soemnity. Scarce day had passed since
our first sting under election, when we
were startled and saddened by the announcement
that our Pres ident, D. L. MCKAY, was numbered
with the dead.
On Tuesday lie presided over our deliberations
The next day he passed from time to eternity
Death has made his presence almo, It visible to u.s.
With hearts overwhelmed br the sudlenness Of
this calamity meet to pay the last tribute of
pect and affection to his memory.
MIR. MCKAY h id firmly established his reputation
as an abe fnancier and an experienced banker be
fore he took charge of this Institution. Having de-
veloped his rare talents in extending the business
and maintaining the credit OF the Bank of George.
town, and aiterwarl in restoring, securing and
strengthening the pros petty Of the Peoples Bank
he deservcdly occupied place in the first rank of
our Southern Fl f1anciers. When the ended, and
the da vi OF peace found PROSTATE and apparently
ruined, he aided in obtaining the cs banking CAPT
tai for Charleston and amony tho earliest pro-
motors and founders Of this National Bank
His untiring energy-his eminent ability-his on
larged expelience-his firm yet courteous discharge
of the delicate duties of his postion-hs enlightened
interest in the welfare OF tho community and his de-
votion to the interests of the bank have been of
caculable service to city this institution His
place cannot be readily supplied easily filled.
| We who were his associates and who enjoyed such
full opportunity of seeing how efficiently he met and
how ably he discharged the duties dcvolvipg upon
him. desire to make enduring record of our
estimate OF him man of business-of our respect
and esteem for his character and of our regard for
him our friend; belt, there ore,
Resolued, That the Board Of Directors of the Peo
| pies National Bank mourn in sorrow the death OF
their late President, DONALD L. MCKAY.
Resolved 4 hat in the death of DONALD L. MCKAY
this Bank has sustained great loss; that as Board
we bear testimony to his unt,lng zeal nd devotion
to- the interest of this Bank exhibiting, in every day
l1fe those sterling virtues and indispuabe financial
abilities, combined with kindness and beneyolence
which eminently qualified him to promote the inter.
ests contded to his care, while he secured the es
TEEN and affection of all who valued these inestima
! bic qualities.
Resolved That this Board tender their sympathy
and condoence to the family Of the dect ased under
tner great aflction. and that copy of these resou
| tiOns be sent them
RESOLVED, Tnat this preamble and resolutions be
recorded on the Minutes Of the Board, and publish
| ed IN the papers OF the city.
81. g. LOPER. Secretary