answers: Alfred I. du Pont
context: Florida National Bank Florida National Bank (FNB), founded in 1905, was the second largest commercial bank in Florida. Florida National Group was acquired in 1990 by First Union Corporation, which was renamed Wachovia in 2001. Samuel Hubbard's Mercantile Exchange Bank eventually became Florida National Bank after Jacksonville's Great Fire of 1901. Millionaire Alfred I. du Pont acquired a major interest in the FNB shortly after moving to Jacksonville in the mid-1920s, but he was unable to gain control until the Great Depression struck in 1929. The FNB stayed solvent throughout the 1930s because du Pont put $15 million of his </s> teller/clerk. Most Florida banks at the time were private and unregulated. In spite of being a newcomer and a Yankee, Barnett and the new institution slowly gained the people's trust, but at the end of their first year, deposits amounted to only $11,000. Undeterred, William invited his son, Bion Barnett, to be partner and passed along Barnett's five rules of business: According to Bion Barnett, "I have never found a flaw in it. It is good advice today." A conversation between Bion Barnett and Henry L’Engle changed the bank's fortunes. L'Engle, the Duval County Tax Collector, was annoyed because the </s> FNB board rejected. That same year, a group of foreign investors from Chile, Venezuela, Canada and south Florida sought 40% ownership and control of FNB. FNB filed suit in circuit court and the group was enjoined from acquiring more than 25% of the bank holding company's outstanding shares. However, Florida National revealed in 1981 that it was willing to permit acquisition by Chemical Banking Corporation of New York City after laws preventing interstate banking were lifted. At the same time, C.A. Cavendes Sociedad Financiera, a Venezuelan investment company, announced that it had acquired 24.99 percent of the common stock of
question: who took control of the florida national bank in 1929