Edmund Jean Forstall
Edmund Jean Forstall was an American banker, merchant, and planter, from New Orleans, Louisiana, from a prominent Louisiana Creole family through his mother, and Irish heritage on his father's side. He is known for developing The Forstall System in 1842.
Career
By 1818, through family connections, Forstall was a director of The Louisiana State Bank. He began his mercantile career with Gordon, Grant & Co. in the early 1820s, which then became Gordon, Forstall & Co. in 1826, where he managed the New Orleans Branch.In 1838, Forstall became the president of Citizens Bank of Louisiana. In 1842, he developed The Forstall System which was a banking system used until the end of the Civil War.