Santa Barbara County CA Archives History - Books .....Banks 1891
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Book Title: A Memorial And Biographical History Of The Counties Of Santa Barbara, Ventura, And San Luis Obispo

BANKS.

  The First National Bank is the pioneer financial institution of this county.
It was organized in 1873; its president being Mortimer Cook, and the other
officers the present ones. In 1876 was completed the present bank block at the
corner of State street and Canon Perdido, an imposing three-story brick structure.

   This bank at present controls a system of safe deposit vaults also.

  The officers are: J. W. Calkins, president; Hugh D. Vail, vice-president; A.
L. Lincoln, ashier; [sic] H. P. Lincoln, assistant cashier.

   The Santa Barbara County National Bank was organized in July, 1875, as a
State institution, being then known as the Santa Barbara County Bank, with a
paid up capital of $50,000. In February, 1880, it was reorganized under the
National Banking Laws, taking its present title. About the end of 1886 its
capital was increased to $100,000. Its statement for August, 1887, showed an
increase in business of nearly $200,000 over that shown in December, 1886. The
officials of the bank are as follows: William M. Eddy, president; John Edwards,
vice-president; Eugene S. Sheffield, cashier; Charles A. Edwards, assistant
cashier. These officers are the same in charge since the beginning, save the
assistant cashier, lately added.

  The Santa Barbara Savings Bank was incorporated September, 1886, opening its
doors for business in December, 1886, with a capital of $50,000. In October,
1887, it was merged in the Commercial Bank, incorporated August, 1887, which
commenced business October 1, 1887. Its officers at organization were: John H.
Redington, president; E. B. Hall, vice-president; W. B. Metcalf, cashier. The
present officers are: George S. Edwards, president; E. B. Hall, vice-president;
W. B. Metcalf, cashier. This bank expects to occupy, by January 1, 1891, its own
new edifice, now building on State street.


Additional Comments:
Extracted from:

A MEMORIAL AND BIOGRAPHICAL HISTORY 
OF THE COUNTIES OF
Santa Barbara, San Luis Obispo and Ventura, California

Illustrated

Containing a History of this Important Section of the Pacific Coast from the
Earliest Period of its Occupancy to the Present Time, together with Glimpses of
its Prospective Future; with Profuse illustrations of its Beautiful Scenery,
Full-Page Steel Portraits of its most Eminent Men, and
Biographical Mention of  many of its Pioneers and also of Prominent Citizens of
to-day,

BY MRS. YDA ADDIS STORKE.

"A people that take no pride in the noble achievements of remote ancestors -will
never achieve anything worthy to he remembered with pride by remote
descendants."—Macaulay.

THE LEWIS PUBLISHING COMPANY.
1891.

Barlow-Sinclair Printing Co., Chicago.


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