History of Martinique survivors were a shoemaker and a prisoner who was saved by his position in a jail dungeon with only a single window. Because Saint Pierre was the commercial capital of the island, there were four banks in the city—the Banque de la Martinique, Banque Transatlantique, a branch of the Colonial Bank of London, and the Crédit Foncier Colonial. All were destroyed. The town had to be completely rebuilt and lost its status as the commercial capital, a title which shifted to Fort-de-France. Due to the eruption, refugees from Martinique arrived in boats to the southern villages of Dominica and some
Martinique Spain had little interest in the territory. On 15 September 1635, Pierre Belain d'Esnambuc, French governor of the island of St. Kitts, landed in the harbor of St. Pierre with 150 French settlers after being driven off St. Kitts by the English. D'Esnambuc claimed Martinique for the French King Louis XIII and the French "Compagnie des Îles de l'Amérique" (Company of the American Islands), and established the first European settlement at Fort Saint-Pierre (now St. Pierre). D'Esnambuc died in 1636, leaving the company and Martinique in the hands of his nephew, Jacques Dyel du Parquet, who in 1637, became governor