Series: N2005-9, Box 21, Folder 5.
State Bank of Florida
WM. Bailey, President.
W. R. Pettes, Cashier. Tallahassee, Nov. 7th 1860
Messrs. Ths & J. M. White
Marianna Fla. Gentm
Yrs of 3rd inst recd with report of business Oct 27th to 5th inst inclusive. Please return me by mail the unpaid paper of Hughes and of Roulhac.
Owning to the unsettled condition of political matters, and the possible disturbance of commercial affairs in consequence, we do not care to do much business just now. Perhaps affairs may assume a more cheerful aspect soon, but the election of Lincoln which now appears to be certain from the partial returns by telegraph, may cause a good of trouble in the event of the secession of one or more of the Southern States.
Yrs Truly W. R. Pettes, Cashier
Additional: Florida's legislature chartered the State Bank of Florida in 1851. By 1860, the bank had $300,000 in capital. Thomas White, a wealthy Jackson County merchant and planter, and his son, Joseph M. White, who served during the war as a Confederate officer in the Sixth Florida Infantry Regiment, were agents for the State Bank of Florida in Jackson and surrounding counties.