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Overview

The German Savings and Loan Societyoperated this building at 526 California Street by 1896, at least. In that year, its president was B.A. Becker, and Edward Kruse its vice-president. The bank was incorporated in San Francisco in 02/1868. (See "Pacific Slope Intelligence," Daily Alta California, vol. 20, no. 6549, 02/19/1868, p. 1.)

Building Notes

This bank's total assets at the end of 1907 were $39,529,434.87; its president in 05/1908 was N. Ohlandt. It had guaranteed capital of $1,200,000 and assets of $58,656,635.13 in 1914. N.Ohlandt was its president, George Tourny, its vice-president and manager, J.W. Van Bergen, another vice-president, and A.H.R. Schmid, a vice-president and cashier. The board of directors included Ohlandt, Tourny, Van Bergen, Schmidt, Henry Meyer, I.N. Walter, E.T. Kruse, Hugh Goodfellow, and J.H. Dieckman. (See German Savings and Loan Society advertisement, Coast Banker, vol. XIII, no. 5, 10/20/1914, p. 53.)

PCAD id: 15747