LePage's glue was initially a fish glue, made from the hides of salt cod, but it was diversified into dozens of adhesive products over the years since it started in 1876. In the late 1920s they acquired the capacity to work with dextrines and these became a big part of the product line in later years. Perhaps the water soluble version you mentioned was one of these. But they still sold fish glue (mucilage) which acted differently on paper then the dextrine based adhesive. Here is a link to a company history up to 1954:
http://www.thecakelady.ca/lepagesgl...istory4.html The company is still in business, making adhesives used in many kinds of shipping.
LePage Company had a division for household adhesives, but I'm not sure it is accurate to say it was "replaced" by polyvinyl acetate, which was and is the glue of choice for wood workers. But practically all modern glues are made from synthetics, and in that old LePage's parts from new LePages.