The San Francisco call., 1897-02-14
AN EVENT IN
|TAL IAN CIRCLES
Banquet and Social of the
Columbus Bank
People.
President ]. F. Fugazi's Report
Shows a Firm Financial
Standing.

One of the most pleasant gatherings
that has taken place in this City recently
was the social and banquet given last
evening to the directors and stockholders
of the Columbus Savings and Loan Society.
The president of this bank, J. F. Fugazi,
was the host. The affair took place in
MartinellIs restaurant at 122 Montgomery
avenue. The occasion was the fourth an
niversary of the organization. The Ital-
ian colony Was largely represented.
The tables were spread with everything
that the markets afford, and the wines of
golden California and sunny Italy flowed
as free as water. The decorations gave a
8 parkle to the occasion that added to the
pleasure of the occasion. The menu was
exclu sively Italian. When the gentlemen
reach ed coffee and cigars, President FIJI
gaZi arose and stated that he was indeed
pleased to meet with his friends under
such pleasant circumstances and he would
meet them again next year if he does not
die, thing that be does not propose to do
for many years to come.
Then he spoke of the Columbus Sa wings
and Loan Society, a commercial orr anlza-
tion of which he was proud 10 be tn e
founder and which sprung into existence
in five days. In 1898 it started with
$500, 900 capital, and for all that the times
were depressed there were $4,000 paid up
on the capital stock.
On the 9th inst. the books showed that
the bank furniture and fixtures amounted
to $1007 75, the secured loans amounted
to $479. 003 80, money in bank to $50 OO3 81
money on hand. $6484 15-total avaiIab. e
money, $61, ,4S7 42-total, $542, 333 65. The
liabilities show: Capital paid up, $50, 900; {;
dividends unpaid, $372 so; due depos tors,
S474 $50 30; interest received. $1310 90 ;
surplus and reserve, $5745 81; increase OF
deposits during the past year. $lO6 S37 II :;
increase of loans in the same time, S94. :
09S 80; gross earning for the last year,
$31. .56S 81.
This excellent showing caused burst
OF applause, and the president resumed
by saying that so long as he holds the
position every deposltor will receive his
just dues. He Concluded by asking Dr.
joseph Pescia to officiate as toastm aster.
After a few appropriate remarks in
which DIR. PescIa stated that everything
that Mr.. Fugazi laid his hands upon sue
ceeded, he spoke of another officer of the
bank to whom great credit Is due for its
success.
He named the secretary, f. L. Belgrano.
and paid him high com plimsnt for his
great ability and his haelity to the inter
ests of the society. He also paid compli-
mentary tribute TO Vice President (. e.
Palmleri, Treasurer Il. Costa and Direc-
tors Isaiah W. Hellman Sr., Ant. Chichi.
zola. Joseph Cuneo, George G. Caglieri, G.
Bacigalupi and Francesca Arata
He concluded by calling upon ]. w.
Hellman Sr., president of the Nevada
Bank. Mr.. Hellman, in q short address.
stated that there is no bank in the City in
better condition than the bank under
consideration, and that the Italian colony
il giving it splendid support F. Peile-
gatti, representative of the Italian Herald
of New York, delivered short pleasant
address befitting the occasion.
He was followed by G. Malpiede and G.
Almagia of i Italia Bank Com missioner.
Paris Kilburn and ]. B. Fuller. Hon, A.
D. Splivalo, J. f. Cayagnaro, Judge J. A.
Spinetti, DR.. V. Vaccarl and many others.
The banquet and social lasted until late
hour. Among the invited guests were
the following:
Italian Consul-General C. F. Sierra. Bank
Commissioner Paris Kllburn, Bank Commis-
sioner J. B. Fuller, Hon. A. b, Splivalo. Hon.
E. c. Palmieri, Judge J. A. Spinetti, J.
A. Devote, J. F. Cavagnaro r
Harding, A. J. Carmany, o. NJ. Goldara.
cena, DR.. J. Pescia, Dr. V. Vaccari.
DR.. C. Barsotti, DIR. G.. E. Caglieri. DR.
o. PerrOne, DIR. q. Cummings, DR.. c. Masoero.
l. w. Hellman Sr., president of the Nevada
Bank; P. Barbieri, A. w. Foster, Fioreuzo
Cavagnaro. A. Vatuope of San Jose A Decor
tIeux, G. Iaceheri. NJ. L. Perasso F. Arata. G.
Cuneo, G. Bacigalupi. S. Arats, G. Costa, F.
Lucchett, J.Goetz, g. g. Caglieri, A. Chichizola,
F. n. Belgrano, p. +. Kingston, +. Simi, G. SINH
A. Quillici, H. w. Hellman, vice-president of