[11] The project was organized by R. Goodwyn Rhett, mayor of Charleston and president of the People's National Bank.
He organized a group of 50 local leaders who amassed $150,000 in contributions to the enterprise; Mayor Rhett successfully sought a mortgage of the same amount against the yet unbuilt building from New York backers.
[13] The People's Bank closed in 1936 and the building was purchased by the Southeastern Securities Co., Charles L. Mullaly, president.
Carved from Italian marble by an unknown 18th-century artist, the leopards were brought to Charleston from an estate near Boston, Massachusetts.
[16] The remaining statue was moved indoors, and both were reproduced in 2013 by Kevin McLean, an art student at the College of Charleston.