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Norman’s New Orleans and Environs

by Benjamin Moore Norman

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The Gas Bank

This building, in St. Charles street, between Canal and Common streets, is so closely squeezed in among others, that it has little opportunity to show off the beauty it possesses. It was erected in 1839, under the superintendence of Sidel & Stewart, at an expense of about $25,000, ground $25,000, making $50,000, and is every way well calculated for a banking house. The original capital was $4,000,000, but it was reduced to $180,000, and by request of the stockholders, the banking privileges have been withdrawn by an act of the Legislature of 1845.

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