Overview

The Pacific Loan and Security Bank operated at 98 Merchant Street in San Francisco, CA, in 01/1855.

Building History

This bank, managed by Mariott and Wheeler, operated in San Francisco, CA, in 1855. An advertisement in the Shasta Daily Courier, an area busy with gold mining, stated of the bank: “The Pacific Loan and Security Bank, is now receiving deposits of cash from Ten Dollars upwards, at the rate of one and a-half per cent a month, and secured by mortgage for one year on spacious fire-proof brick building and lot 25x70, insured and advantageously located in this city. Also, for six months, secured by a fire-brick building and lot, 22x137.” (See Pacific Loan and Security Bank, San Francisco, advertisement, Shasta Courier, 01/06/1855, p. 4.)

PCAD id: 25268