, 1864-07-11
iIONnI alATTERs.

Thenew Banking House about to beestabiished
ID this city gives assurance Of On abundance Of
capital, and our mercantile community havee every
reason to congratulate themselves upon the in
creased Eeiit;es thus afforded for the transaction
Of business.
The present Banking firm Of DonChoe, Ralston
& Go. will be dissolved on the let July, prox.,
but not only is no capital ID be Withdrawn from
the service Of the public, but large amount
hitherto otherwise employed will be added thereto
The retiring partners, Messrs. jos. A. Donohoe
and Eugene Kelly. with handsome cash means,
will Immediately commence business in their new
and elegant banking house on the eoFnef Of Mont:
gomery and Sacramento streets. while the busi-
ness Of the old firm, under the direction Of the
remaining members, Messrs. r. s. Frctz and
VIM. q. Ralston, will become merged in an in
stitutiOn to be called the Bank Of California"
with very important enlargement OF capital
and resources, quite unrivaled on thiscoast This
will be the first Joint stock company incorporated
under the laws Of this State, for the purpose Of
banking; and in referring to it we cannot but
express our qualification upon few prominent
points. First that it will stand upon specie
basis the currency OF California gold and silver;
Il Is to be no paper money bank. Second, the
capttni stock which u.s- -npdaEstnnd il 10 be So
OOo. 1000, will te actiially paid up IN gold; such
at least Is the prograinnle--no snbteringe in the
shape Of Stock NOtes. OF anything Of les value
than gold ITSELF Thirdly, 4 will be uhdef the
conduct Of some Of our most experienced and
wealthy citizens-men Of soahd heads and long
purses. who have achieved success for themselves
individually, are well known, and familiar with
the business Of the country, and Sh0sE r1nfiec;
tion with the bank Is guarantee 10 the public
hat - NI,sII aU.l ka
safe place Of deposit, and an institution where
reasonably expect accommodation in time Of
need.
The business managers Of the metz concern
will be Messrs. d. o. Mills and WIN. G. Ralston.
rs. +. American Flag.
ceStineate % 1nc0rpoFatlon of the 1lAnk 0fI
California.
Theappended certificate Of incorporation was
fled yesterday in the County Clerks Office. The
formation Of the new bank Is the result Of tho
dissolution Of the banking firm Of Donohoe,
RaIstOn & Co., which takes place on the first Of
July. Mr.. Donohue will continue In the bank
ing business, in connection with Mr.. Eugene
Kelly. Of New York, and will occupy The new
house located at the corner Of Montgomery and
Sacramento streets.
Messrs. RalstOn & Fretx, the other two part
ners, will cOutinue the banking business at the
old stand, corner Of Washington and Battery
streets, and associate with them the gentlemen
whose names are attached to the certificate Of In
corporation, In the same business, under the title
Of the Bank Of California" The capital Of this
new banking enterprise is two million dollars Of
paid-up cash in United States gold coin.
We,the undersigned persons. do hereby certify |
that we have associated ourselves together, and
desire to form company Tor the purpose Of en-
gaging In the business of banking. and that We
desire TO incorporate the same under the provi |
sions Of On act Of the Legislature Of the State Of
California, entitled q An aet to provide for the
formation Of corporations for certain purposes"
approved April 14th, In fhe year Of our Lord
1853, and an acts amendatoFy thereof and sup |
Elementary thereto, and we certify
FiFst-That the corporate name Of the Com |
pauy shall be The Bank Of California;
Seccnl-That the objects for which the Com |
pahy Is formed are 10 eheage In and carry on the
business Of banking TO such extent and in all such
branches as may legally be done under the constis
tuition and laws Of the State OF California;
Third-That the amount Of its capital stock |
shall be two millions Of dollars, with the right to
increase the same to Eve millions Of dollars, and
the time Of its existence hftJ yearsi
Fourth--That the number Of shares Of which |
the stock shall consist shall be twenty thousand,
Of one hundred dollars each;
Filth--That there shall be eleven trustees, that
Is to say, d. o. Mills. William @. nalsion ]. b. |
Thomas. Louis McLAne. o. +. Giiin, John o. |
Earl, Thomas Bel, Herman Miehels. A. J. Pops, |
WIN. Norris, and Jams Whitney JF., who shall |
manage the concerns Of the Company for the
first three months;
Sixth-That the principal place Of business
Of the Company Is to be located at the city and |
county Of San Francisco, in the State Of Cali
iornia.
In testimony whereof we have hereunto set our
hands and seals this 18th day Of May, 1854.
n . nj