Building History

In the earliest days of Gold Rush San Francisco, Adams and Company emerged as one of the leading banking and express firms, providing safe storage for gold found in the gold fields near Sutter's Mill. As noted in a bank advertisement of 01/1851, the bank had a long list of 28 banking affiliates east of the Mississippi, at least half focused on New England cities. Adams and Company may have been a preferred bank for early Gold Rush participants that maintained connections to these Eastern seaboard cities. The Argenti and Company Bank, had a number of affiliations with Southern banks, perhaps reflecting its depositors roots in NC, SC and GA, states that participated in the first American gold rush during the 1820s through the 1840s. (See Adams and Company, Express Agents, Gold Dust Shippers and Bankers, advertisement, Daily Pacific News, vol II, no. 137, 01/04/1851, p. 3.)

This first location predated Adams and Company's office in the Parrott Building, completed in 1852. Adams and Company became a leading banking institution in San Francisco between 1851 and 1855 when it closed during that year's Bank Panic.

Demolition

The Adams and Company Office #1 was razed.

PCAD id: 25986