The weekly Iberian. (New Iberia, La.) 1894-1946, 1911-02-18
The PEOPLES
NATIONAL BANK
'ba,tcr has been Extended.
II Enjoys the Distinction
ot beng Second Oh roll oi
Honor IL ibis CITY and
Third in the state.
A Short Sketch Of the IIlslo
ny of 'hls Splendid /Finan-
ciaI Institution.

The Peoples Nntional Bank Of New
lb4rta has lived ont The FIRST period %
fta rharteT aud ~ now entering upon
nrN pchod, In another column ~
pears thd ceri1litc - The Comptroller
On Fcbt tuary :, fSpl, u meeting oI
II stock holders Of The Peoples M
trona ~ blk wns called by Leopold
noEy, SeJy' Y to held =" Saturday
.. thc Mrchanea ana Traders TX
change, 10 tranaact matter. Of impor.
tancr and r"ricct tn" organization 81
tIlc Bank. Jhc meeting was presided
over ~ y A., Sat,rnhcld. ana com
mitce on3 building WAS appointed.
comroscdtf + l.. Gates, I J.. Morse
aud Geo. Simon At the meeting held
nn Tie Ith ~ ,rly All Of the stocl,hold
CTS were present. Hon. i l.. Gates
presided, and hr W. g. Weeks was
tie Notary Oh tile occasion when the
organization papers were signed
On Feb lGth :. o. Thomas was
elected President; Hon. i. l. Gates
Vice rrcsidcnt w. T.. Sattctlicld,
Cashier; John H. D-.alcour:. A4a,s
tant Cashier and Book keeper, The
Board Of Directors being composed Of
7 thc first three named officers and
Mcssra. Mug. Era,h. Leopold Levy, J..
Goguenhcm, Thns l.. Morse, David
Laughlin and Geo Simon.
The lirai share Of stock issued was
| to A. Daigie, Agt. The first draft was
| issued to ". l.. Brady. salesman for J
{. Morris Co. Of New Orleans,
Al meeting held Jan. Eth, 1893.
| NJ. Galliand wns elected Vice Prcsi
dent On April I'D, lSp,. james Gcb-
ort waa elected to fiji the vacanc, caus
cd ~ tho death or Director Paul Cog
ucuhcm.
ON Oct. -. 1896. the Board passed
resolutions Of coincidence upon the
death Of Director David Laugalin.
htn meeting held on Jan. II. 1898
james Gcbert was elected President.
On October H. 1900, Manucl Goguen-
hem Of Morgan city was elected 10 fill
The vacancy caused by The death Of
Dirctor Aug Erath.
On Jan. 2O.h, 1908, w. Il. Sattcr-
field who had been one of the promo
tcrs Of he Bank, sold his stock and re-
signed as Cashier II. II. DelhOmmcr,
who had held subordinate positions
for several years IN the Bank, succeed
I'd him.
On Oct Is. 1906, occurred the death
of the President. James Gcbcrt. lie
was succeeded by Lazard King, who
had been Vicc President since 1908
a. G. Laughln. who had hecna mem
bcr ofth Board since 1898, was elect
ed Vice President.
The following named gentlemen
constitute the present Board Of pirec-
tors: Iazard kling, q. &. Laughlin,
Luke Trainor. DR. A. Koch. Folk Pa
tout, Jno. X. Taylor. Leopold Levy.
Manuel GoRucnhcm, and Leopold
King The officers are, Iazard King.
President; g. &. Laughlin, Vice Presi-
dent, II u. Dclbommer, Cashier; Il.
Dnutrrivc, Bookkccpcr; and A. A.
Danter,vc. Assistant Bookkeeper.
Upon the Roll Of Honor Of 1910. re
Gently issued by the Comptroller. the
following banks OF this State arc given
honorable mention in the relative or
der here appearing:
rInco Bank In City State
New lberia, New Iberia National I
Alexandria. First National Il
New Iberia, Peoples National
New Orleans. Commercial National,
Homer. Homer National.
IaitrC hurlrs, Calc asiuu National l
While New Iberia had the proud
Of holding two Of the lnsti-
tutions given creditable positions on
tho Roll of Honor. 1t Is very crcditablc
to The Peoples National Bank to be
second to.its orth competitor in this
city and third IN this State. This ap- |
pears with the greatest force when 1t
IA r. mcmbcrcd that many OF the bank
ing institutions Of the state are far
older and employ much greater CAPT
tal than does the Peoples Of this city.
The Peoples National Bank Of New
Iberia has ever been conservative, yet
lust to all. 1t has made friends of It's
patrons and has held those frichships
upon sound business lines. While II
has had its trials and its crises, passing
periods Of plenty and periods
Of panic, II has never lost the conf
dcncc Of those who supported It. It
we were permitted to offer toast upon
the anniversary occasion it would be:
'On to greater usefulness and more
brilliant record