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MERCHANTS BANK
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event and duly celebrated with an ppen house reception to the public. Crowds .filled the building throughout the evening, coining and going. Handsome souvenirs were given and the public taken through the bank and shown the new equipment and improvements that had been added. A souvenir folder, especially gotten out for the occasion, was presented to each individual. On the bottom of'the lithographed front page this inscription appeared:	“Merchants
Bank, Bay St. Louis, Miss., was organized by W. J. Gex, Chas. G. Moreau and John Osoinach.”
Up to that time the bank’s presidents were, in order named: L. H. fair child. John Osoinach, Charles L. Hopkins, R. R. Perkins. Joseph O. Mauffray, George R. Rea.
. Directors of the bank who served at other times and whose names are not mentioned above, included the names of George H. Edwards, Dr. A. :A. Kergosien, E. J. Lacoste, C. C. McDonald, "E. N. Haas, Chas. H. Robinson, Jr., Paul Villere, Geo. T. Her-lihy. who at the time of his death was chairman of the board of directors.
Bank Changes Name.
In order to be of wider nse, to serve the public better and to grow with-the times the name of Merchants Bank was changed to Merchants Bank & Trust Company, by amending the, charter of January 6, 1920. Fo/ a number of consecutive years the bank paid stockholders a semi-
annual dividend of 30 per cent.	I
At the present time the bank has I
r its president. Mr. Chas. G. Moreau, who succeeded Mr. Geo. R. Rea, as president upon his resignation in 1932. Mr. Moreau has served in that capacity since that time; he is also the Chairman of the Board of Directors, having served in that capacity since the death of the late Geo. T. Herlihy. Mr. Moreau is assisted in the operation of the bunic by Mr. Joe B. Burrow, who is presently castyier, having succeeded Mr. W. V. Yates, who resigned to take a position at Jackson. Mississippi, with the Federal Housing Administration. The other officers of the bank are W. J. Gex. Jr., and Emilio Cue. vice-presidents.
T|he Board of Directors consists of the following: Chas. G. Moreau, W. J. Gex. Jr.. Emilio Cue, Miss Ethel H. Gex, Robert L. Camors and Joe B. Burrow.
Mr. Chas. Traub, Jr., served as assistant cashier to Cashier Yates from 1922 to 1932.^
The Merchants 'Bank, since its organization 38 years ago, has been { very closely associated with the business, civic and social development of the City of Bay St. Louis, and its helping hand has been felt in every field of endeavor. At the present time it furnishes its depositors every i banking service customarily used in this country, including a safety deposit vault, second to none, and of course its deposits are insured with the Federal Deposit Insurance Corporation.
The officers and directors of the, bank are very proud of its history! and look to the future with great [ satisfaction.	|