Item #0940
8vo; cloth in yellow d.j. San Marino, CA: The Huntington Library, 1965. First Edition. The Farmers and Merchants Bank, "The Oldest Bank in Southern California" from 1876 until 1956, had a history of eighty-five years of responsible and reliable banking. It was a mainstay of Los Angeles economic life particularly in the decades when banks were few and comparatively unregulated.
Isaias W. Hellman, "one born with a genius for finance," was chiefly responsible for the establishment of the bank in 1871, bringing together twenty-three influential Los Angeles citizens who became the founders. Its president for several decades, Hellman determined many of the policies. The bank at once reflected his integrity and relied on his business acumen. Laid in: March 7, 1911 Wells Fargo Nevada National Bank of San Francisco printed "Statement of Condition" with Hellman listed as President. Closed half-inch tear on front panel of jacket; "Statement of Condition" creased; fine in near fine jacket.