[California]:

$4,500 · Offered by William Reese Company · No longer available

[LEDGER OF THE EXCHANGE BANK OF ELSINORE, CALIFORNIA, AUGUST 1889 TO DECEMBER 1890]. This is an early ledger from the first bank established in Elsinore, California, and one of the first banks in southern California. The Exchange Bank of Elsinore was founded in 1887 by Franklin H. Heald, one of the three investors who established the town of Elsinore. The city was officially incorporated the following year as the seventy-third city in California (originally Elsinore was in San Diego County, but the city became part of Riverside County upon its creation in 1893). The Bank of Elsinore was founded soon after, and in 1890 the two banks merged to become the Consolidated Bank of Elsinore, making this possibly the last ledger of the original Exchange Bank.This ledger tracks the funds of some of the more prominent southern California businesses and individuals of the time, including Machado & Co., owned by descendants of José Agustin Machado, who held Mexican land grants throughout Alta California, including the Ranchos of La Ballona, Santa Laguna, and Santa Rosa. Also featured in the ledger is Horace McPhee (publisher of the Santa Paula Chronicle), W.G. McVicar (owner of one of the early clay companies in southern California), S.A. Stewart (the agent named on the blotter mentioned above and later president of the Consolidated Bank of Elsinore), several businesses and churches, the local Masonic Lodge, the Santa Rosa Cattle Company, the Ladies Aid Society, the Transcript newspaper, a

Found via Rare Books Intel, a search across rare-book dealers, auction houses and marketplaces worldwide.