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About Peoples Bank & Trust CompanyDirectorsHerschel Steve Taylor - Chairman OfficersElmer Morris - President & CEO StaffDot Allison HISTORY OF THE PEOPLES BANK AND TRUST COMPANY
Perhaps the most colorful director and president the Bank
has had was Mr. David King, who became a virtual legend in
his own time. Mr. King immigrated into this country from
Russia at the age of 16, settling first in Philadelphia. A
few years later he moved to the Coffee County area where he
became known extensively as a "back peddler". Very
successful in that venture, Mr. King later became involved
in real estate, and eventually the majority stockholder of
Peoples Bank and Trust Company. In his active lifetime, he
amassed a multi-million dollar fortune. In September, 1986,
the other stockholders of Peoples Bancorp, Inc. purchased
Mr. King's stock from his conservators, thus maintaining
ownership within the realm of the existing shareholders, and
allowing the management team and employees to remain intact. |
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