Los Angeles daily herald. [microfilm reel] (Los Angeles [Calif.]) 1884-1890, 1886-08-21
A NEW BANK.
Opening of the Southern
California National.
PROMISING ESTERPRIsR.
Solid Men at the Helm-The Direct
ors and Stockholders = De-
scription Of the Interior
of the Bank.

This morning an important event In
financial circles takes place in Los An
geles. This h the opening Of the South
srn California National Bank, reference
to which has frequently Of late appeared
in the HERALD. This concern com
menses business under the most favor.
able auspices. The location OF the bank
is In the heart Of the business center OF
the city-- the corner Of First and Spring
streets. the department occupied being
the northeast corner of our finest build
ing, the Nadeau-the Palsce Hotel Of
Los Angeles. II will thus be seen that
the management has had the good for.
tune to secure the most desirable quar-
tors for the new institution. OF the fit
ting up and elegant arrangement Of the
bank apartments full details appear
elsewhere, and 1t need only be added
that no financial institution south Of San
Francisco is better equipped for bust
ness. The bank opens it's doors with
paid up capital of 100000. 1t has the
largest list Of stockholders of any bank
in Los Angeles, and its Board Of Diree-
tors IL = tower Of strength. The, fsesi
dent, Col. H. H. Boyce, is well Known
throughout the State as amost wideawake
and enterprising gentleman. Herecently
sold his interest in the Times. Mirror
Publishing Com pany, OF which be was
business manager for the purpose Of en-
QaqinG IN this new enterprise, and 1t
would have been hard +, find any one
better qualified for the position be now
occupies. He has been an &C i've work or
in ali movements for the advancement Of
Southern California, and Is she President
Of the Immigration Association, under
the auspices Of which the great citrus
fair at Chicago was held last Spring. |
Col. Boyoe has hosts Of friends all over
the coast who will be glad to learn that
he Il at the head Of this new and prom.
icing financial institution The Vice.
President, Mr.. L. N. Breed, has long
been prominent citizen of the State. Of |
the highest personal and financial stand
ing, removing to this city from the
northern section some years ago. He is
at present member Of the City Council
and Il large real estate owner In Los |
Angeles and vicinity. W.T.. Bosbyshell,
Cashier, wss the late owner of the bank
Of Cssson, Iowa, and brings to his new
position 4 large smount of experience
snd good Judgment in financial matters.
Judge =. c. Bosby shell. well known
cspilalist was Vice- President Of the
Mills county (Iows) National Bank, and
his name Z . snf1ciept guarantee OF safe
Ind sonssrvstiSs banking. w. C. Fur.
ry, the well known hardware merchant,
needs no intreduction to the public, he
il one Of the most enterprising and sue
cessful business men Of Los Angeles.
Chas. r. Day, Of the firm of Day &
Brown, II likewise . valuable ad.
dition TO the management. As .
shrewd and successful business man
he has few equals. q. T. Wright,
County Surveyor, is another right man
IN the right place. Ben. E. Ward is
successful and wide-awake real estate
operator. L. 7. GArnssy is a recent ar
rival from Binghampton. N. Y. He is
= capitalist and has cast his lot for life
with Southern California M. q. Me-
Kooa, Of the firm OF McKoon q Brodt.
beck. real estate deaIsrs, is another
highly respected either Of Los Angeles,
prominent In al measurss calculated to
advance the interests of1the community.
D. NJ. Graham and William Collier. Of
the firm OF Graham q Collier. founders
Of the beautiful COLONY of Elsinore, are
capitalists whose names add strength to
the concern, w. H. Sthmans, late con-
nected with. the civil service OF the
United States governmtnt in Arizona. 10
Rsntlsmap Of the highest social and
personal standing. DR.. NJ. Hagan is .
physician and capitalist. During his
residence In this city he has made host
Of friends and his judgment and ability
will be Of great benefit to the bank. b.
A. Barclay, Of the firm Of Barclay q
Wilson, Il the attorney for the bank.
He Il gentleman Of the finest legal
ability and prominent member Of the
Los Angeles bar. j. Roster, the
youngest director of the concern, is q
popular and snccessful merchant of this
city. H. T. Newell is q well known
capitalist Of this city, fortunate
on all bis Investments. Frank RAIDER is
prosperous business man Of Los An
feiss, and one Of the owners Of the new
Lawyers Block ON Temple street. w.
H. Kane was recently prominent in bnsi-
ness In the City Of New York. but has
now chosen Los Angeles for his home
because he believes in its future. M. s.
Hewes 10 well-known Spring street
merchant rating high In commercial cir
Giles. Alexander Penney il large real
estate owner and : gentleman Of excellent
judgment In business matters. J. r.