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Overview

The Sefton Building operated at 432 C Street in 1916 (See San Diego City Directory, 1916, p. 954.) and was an investment earning lease income for its owners the Sefton Family, whose wealth derived mainly from banking. Maryland-native Joseph W. Sefton, Sr., (1851-1908) moved to San Diego in the late 1880s, and, with the assistance of local moneyed interests, set up the San Diego Savings Bank in 05/1889. (See Theodore Davie, "A City, A Bank, A Family," Journal of San Diego History, vol 35, no. 2, Spring 1989.) This bank operated from 1889 until 1994, when it was pruchased by Los Angeles-based First Interstate Bank of CA.

PCAD id: 19838