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The Farmers and Merchants Bank was founded in 1871 by 23 prominent Los Angeles businessmen, with an initial capital of $500,000. The three largest subscribers were financier Isaias W. Hellman ($100,000), former California Governor John G. Downey ($100,000), and Ozro W. Childs ($50,000) who in later years became the founders of the University of Southern California.
Farmers and Merchants Bank of Los Angeles (1871−1952) people — founders and board of directors members in Los Angeles, California. The prominent one-branch bank and historic lending institution directed by Isaias W. Hellman was located in Downtown Los Angeles .
The Merchants and Manufacturers Association – Celebrating 90 Years of Service. Los Angeles, Calif.: Merchants and Manufacturers Association, 1986. Milkman, Ruth L.A Story: Immigrant Workers and the Future of the U.S. Labor Movement. New York: Russell Sage Foundation, 2006. ISBN 0-87154-635-3; Pesotta, Rose. Bread Upon the Waters.
On September 1, 1868, Hellman, Temple and Co. opened their first bank branch in Los Angeles. The banking firm was the predecessor of Farmers and Merchants Bank (1870), which was the predecessor of Security First National Bank.
The Greater Los Angeles Association was a 1920s civic-booster group of California, United States that promoted business interests in the area under the slogan "keep the white spot white". [ 1 ] [ 2 ] The slogan referenced monthly maps published by the U.S. Chamber of Commerce magazine Nation's Business that used different colors to indicate ...
He succeeded in persuading Owens Valley farmers and mutual water companies to pool their interests and surrender the water rights to 200,000 acres (800 km 2) of land to Fred Eaton, Lippencott's agent and a former mayor of Los Angeles. Lippencott then resigned from the Reclamation Service, took a job with the Los Angeles Water Department as ...
Gibraltar Thrifts' Loss Hits $337.5 Million in Quarter Los Angeles Times August 26, 1989 ; Drexel's Junk Network : U.S. Says the Firm Had Some Local S&Ls on Very Sweet Strings Los Angeles Times November 16, 1990 ; RTC Files Suit Against Nine Ex-Officials of Gibraltar Savings AP News Archive October 2, 1992
The Bank of America, Los Angeles, [1] was established in 1923 by Orra E. Monnette, emerging from a series of mergers between Los Angeles–based banks between 1909 and 1923. The formation of BoA L.A. predates the creation of the Bank of America, merging with the Bank of Italy in 1928-29, which formed Bank of America. [2]