Los Angeles herald., 1907-03-17
BANKING GROWS
IN IMPORTANCE
STATE BANK AND TRUST COM.
PANY A LEADER
Local Financial Institutions Valued
and Indispensable Factors in the
Steady Expansion of Los
Angeles

It Is conceded that Los Angeles is a
city of great wealth and vast interests
i'm commerce, banking, mining and in
dustrial enterprises. The people gem
orally are happy and prosperous and all
are imbued with the spirit Of marvellous
progress that is to make Los Angeles
one of the greatest commercial centers
of the world.
The banking institutions of Los An
geles stand in the front rank as testi-
monials of the solid growth of the
southern metropolis. The conservative
managers of the various institutions
have taken active part in financing
many good propositions and they arc
ever ready to give substantial encour-
agement and aid to any praiseworthy,
safe and legitimate proposition.
The rapid development of Los An
geles during the past few years has
been marvellous. The wonderful ex-
pansion of the central business sec
tion, the erection of new and beautiful
MONIES in the city and at the suburbs
together with the increase in the num-
ber of industrial enterprises, have
Simply amazed the public and have
naturally attracted the attention of in
Vestors from all parts of the world to
AiJ llilly OPPORTUNITIES OlIeTtu Ill LUIS
Angeles and Southern California for
the safe and profitable investment of
capital. Vast sums are handled daily
in the line of investments and still
larger sums pass through the banks
for the purchase of industrial and
home sites for the thousands that
flock to Southern California every sea-
son.
A Solid Institution
The State Bank and Trust company,
centrally located on the northwest cor
ner of Second and Spring streets, In
the Byrne building, is prominent
among the solid financial institutions
of Los Angeles identified with some OF
the most important undertakings that
have brought Los Angeles to the front
as commercial center, and under the
present management the bank has be-
come factor of still greater import
ance and influence in the business af-
fairs of the city.
The bank is regarded as one of the
soundest financial institutions on the
Pacific coast. Among it's officers and
directors are some of the foremost
financiers and business men of Cali
fornia, men of immense capital and re-
sources, who are identified with many
important and flourishing enterprises.
The State Bank and Trust company
does a general banking and trust busi-
ness, and represents the interests OF
numerous estates in the community
The bank is splendidly equipped in all
it's departments for the prompt and
reliable transaction of business with
the public generally and affords de-
positors safety deposit and other con-
veniences that meet with popular
favor.
Officers and Directors
General John r. Mathews, who is one
of the pioneer residents of Los An
geles. and is a man Of sterling in
tegrity AMI thorough business qualifi-
cations, is the president of the State
Bank and Trust company. He was
formerly a commission merchant in
the city and has served Los Angeles as
postmaster, besides representing Los
Angeles for one term in the state as
sembly and one term in the state SEN
ate. The vice presidents are A. G.
Harper and A w. Ryan; cashier, S. S.
Zombro, lately identified with the
Farmers bank at San Bernardino. and
man of wide personal acquaintance
in business circles.
At the recent meeting of the stock
holders of the bank the following di-
rectors were elected: o. Il. Johnson,
a heavy property owner in the COM
munity leading financier, active in
the DullQ1nS up OI the ClIyi eA-JuuSS
John D. Bicknell, member of the law
firm of Bicknell, Gibson, Trask, Dunn
&, Crutcher: formerly one of the di-
rectors of the First National bank
owner of valuable realty holdings In
Los Angeles and elsewhere; George w.
Scott of San Francisco, capitalist,
member of the firm of Scott SS Vanars-
dale, lumber merchants; a director in
the Crocker National bank of San
Francisco, and of eight other banks in
the state, and identified with many
other enterprises of immense magni-
tude; also tho owner of large real es-
tate holdings in Los Angeles and
Southern California; C. II. Crowell,
capitalist and lumber merchant, hav-
Ing large interests in lumber plants in
the south, also in northern California,
as we'll as large property interests in
Los Angeles; A. c. Harper, mayor of
Los Angeles, a member of the firm of
Harper Reynolds company and many
other enterprises; r. II. Howell, re-
tired capitalist, large property owner
and interested in many profitable COM
mercial enterprises; A. w. Ryan, re-
tired capitalist and large property
holder, formerly manager of the Los
Angeles Water company; Thomas e.
Gibbon. attorney and former chief
counsel of the San Pedro, Los Angeles
CoIf a