Los Angeles herald., 1906-07-29
assuring the utmost liberality of treat

assuring the utmost liberality of treat
ment
Located in the Wilcox building, corner
of Second and Spring streets, the First
National bank occupies elegant quarters.
Since the merger with the Los Angeles
National and the acquisition of the stock
of the Los Angeles Trust company and
the Metropolitan Bank and Trust com
pany the business has reached such a
point that the management was forced to
acquire, additional room Hence IT was
that the offices formerly occupied by
the Santa Fe Railroad company. on the
ground floor of the Wilcox building, ad-
joining the bank S quarters, were secured.
Workmen have been busily engaged for
some time In refitting these new offices,
and 1t is the intention of the bank to
move into them the first part of July.
This will afford all the additional room
required for some time to come, as well
as give the bank half of the lower floor
of the large office building, which Is
among the finest in Los Angeles. The
location is especially fine, being in the
very heart of the business center of the
city The furnishings of the bank are
most elaborate, and the institution pre-
sents as fine an appearance as any con-
cern of its kind in America.
| When 1t is taken into consideration that
in the year 1904 Los Angeles jumped from
| twenty-second to nineteenth place in a
| list of the seventy-fve largest of the
| country in the amount of bank clear
| ances, and when 1t is also considered that
| the First National stands at the head of
the Institutions represented in this great
showing, then the growth and prosperity
of this institution may be judged.
Whenever questions arise in Los An
| geles and surrounding towns for exten-
sive plans of Improvement, requiring
bond issues, the officers and directors of
! the First National bank are among the
| first counselors sought. Many times have
they aided in floating the bond issues
of Los Angeles. as well as figured prom
i hal mn pOVarnmRnt n
tered into from time to time.
| The correspondents of the First Ma
tional bank are the First National bank,
National City. Merchants National, Ma
| tional Shoe and Leather, all of New York
city, the Corn Exchange and Continental
| National of Chicago, and a score of other
banking institutions of the country,
With deposits aggregating more than
SIS, 100000, as shown In the foregoing
statement, the First National bank S
hold on the business of this community
is well established. 1t is recognized
fact that no other financial institution
has done more toward furthering the
prosperity and fostering the interests Of
| the city, as well as the entire southland.
and certainly no other concern has been
more enterprising or fortunate in its in
vestments. The management has always
been prudent and conservative, and its
\ stockholders are among those who repre-
sent the wealth of the entire southwest.
1t is hardly necessary to say anything
further regarding the gentlemen who COM
pose the directorate of the First Ma
tional bank. Besides representing great
wealth, many of them have attained
great political honors Seldom, indeed,
| has Il been that the municipal and civic
bodies of Los Angeles have inaugurated
any pfomotion scheme that 1t has not
been first submitted and approved after
due consideration, by some one of a num-
| ber of the officers OF this institution.
| In choosing its directors the bank has
entered the senate chamber of the United
| States, II has picked men from the very
| head of some of the worlds greatest rail-
way systms, 1t has sought the advice of
California's leading legal lights, II has
! visited the federal court rooms and there
invited eminent gentlemen to serve In its
management, II has gone to the large
commercial industries of Los Angeles and
| Southern California and secured captains
of industry to serve along with the other
favored sons of the southwest In direct
| ing its affairs, and. In selecting a head
| to guide it's destlnles II has resolved
upon one whose life and energies have
| been devoted to banking interests, and
whose ability in that line cannot be ques-
toned. Where, now, Is there an insti-
tuition Of this kind In better hands? Is
| the foregoing not enough to safeguard
the depositor and TO insure permanent
success for this great organization OF
wealth?
at an early date In the history of this
wonderfully progressive city, Its growth
has only been in keeping with the growth
OF the municipality,