The Yorkville Enquirer reported on July 6, 1871 – “The capital stock of the People’s National Bank of Charleston has been increased to $1,000,000.”
City Directories and History: PEOPLE’S BUILDING
Constructed 1910-11 Victor Frohling, architect (#’s 18 – 22 Broad Street)
“Mayor R. Goodwyn Rhett, while president of the People’s Bank, spearheaded the construction of the People’s Building as Charleston’s first skyscraper. It stands on the site of a late-eighteenth-century brick double tenement, an indication of the city’s early-twentieth-century progress. Critics then, as now, debated the effect of the eight-story structure on the skyline of the original city. Designed by the New York architect Victor Profiling, the largely yellow brick building has granite rustication on the ground and mezzanine stories and terra cotta ornamentation, now painted with a metallic finish, at the top floor, although a later owner removed the surmounting entablature. The columned portico and shuttered ground- story window openings of the People’s Building retain a
Charleston flavor, while the rest of the structure hints at the contemporary national influences. The marble lions flanking the entry, brought from an estate in Massachusetts in the 1950s, are considered landmarks in their own right and were saved from removal by the city’s Board of Architectural Review in 1990.”
Information from: The Buildings of Charleston – J.H. Poston for the Historic Charleston Foundation, 1997
An 1872 advertisement lists the following board members: John Hanckel, W.H. Houston, C.H. West, William A. Courtenay, W.Y. Leitch, C.L. Burckmeyer, J.B. E. Sloan, E. Lafitte, E.C. Williams, George A. Locke, J.H. Wilson, Williams Ufferhardt, J.B. Betts, James B. Betts.
*** The four-story building at 18 Broad Street was demolished in 1909 when the property was incorporated into the parcel upon which the People’s Trust Building was erected. (Written and submitted to R&R by Kevin Eberle – 2015)
STATE BANK associates in 1852 included: Edward Sebring, Pres., Henry Trescot, Cashier, and others: James H. Ladson, Samuel P. Ripley, George Gibbon, George M. Coffin, E.W. Bancroft, H.S. Hayden, H.A. Desaussure, MP. Mathiessen, John E. Cay, R. Mure, T. Trout, T.G. Budd, Benj. M. Lee, Hopson Pinckney, Lewis Jervey, James M. Bee, J.L. Egleston, John Bell Bee, H.A. Desaussure
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Other sources of interest: Charleston Tax Payers of Charleston, SC in 1860-61 and the Dwelling Houses of Charleston by Alice R.H. Smith – 1917
The HCF may also have additional data at: Past Perfect and further research can be uncovered at: Charleston 1861 Census Schedule
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