“Charlestonians invest heavily in upcountry textiles….”
The Yorkville Enquirer reported on June 27, 1872 – “L.D. Moury, Esq., of the Firm of L.D. Moury and Son, has been elected President of the Union Bank of Charleston. The former President, W.B. Smith, Esq. had resigned from the job.”
City Directories and History: The Union Bank was listed in Charleston’s 1852 City Directory as having capital assets of $1 Million. Involved at at the bank were: Henry Ravenel, Pres., A.C. Smith, Cashier and others: A. Tobias, S. Mowry Jr., J.A. Winthrop, M. King, Otis Mills, S.S. Farrar, John L. Hedley, H.T. Street, Charles N. Hubert, W. Mazyck Jr., Wm. B. Smith, George Brown.
Note that W. B. Smith was in partnership with a number of Charlestonians in the Pelzer Manufacturing Co., of Anderson Co., S.C., including David Lopez and Mayor Courtenay.
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 Rock Hill Herald reported on Feb. 21, 1884 – “The firm of L.D. Mowry and Son, cotton factors of Charleston, have suspended payments to creditors. The bad crop year led to their financial problems.”
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