Wednesday, August 8, 2007

"Mr. Carmel"

Barnet " Barney" Segal, known as "Mr. Carmel," started Carmel's first bank in 1923 at the age of 25. Seven years after Carmel was incorporated. Before that time most Carmelites had to drive or ride a horse to Monterey or Pacific Grove to secure a loan. Equivalent to driving from Carmel to San Francisco. Mr. Carmel pasted away in 1985.

"Mr. Carmel" (Segal) is one of the Peninsula's, esp., Carmel's most significant historical figures having laid the foundation for the present Carmel.