anaheim-gazette 1933-01-05

"Growing Pains” of Colony Become More Acute as Fall of 1863 Advances; Money Proves Acute Problem, As Levy Is Voted To Attend Meeting or Resign; Regular Fuss Made Over By-Laws of Water Company Are Amended and President Asked Shareholders Getting Willow Poles Without Authorization In that period of "growing pains" for the years of about 1862 and 1863, the colonists had many problems continually coming to the fore. In previous minutes we discovered that a vaquero was hired, part of the time with an assistant, to keep out the cattle. We find in 1863 that the experiment was not a success. Also, attempts to block out the cattle by constructing a cactus fence about the colony was only partially successful. Now the problems are beginning to multiply. First, the by-laws of the Anaheim Water company need amending. Secondly, the directors feel that the president should be asked to resign, unless he can attend the meetings. Thirdly, finances. Money has caused considerable worry. Members are behind in their payments, and a proposal to sue meets with hesitancy, because the directors are not certain of their rights. When the financial statement is rendered at a general meeting the directors discover the company in a rather bad way, financially, so vote an assessment of $72 per share. The vaquero is paid off and discharged, and arrangements are made to repair the San Pedro gate by giving one of the shareholders three loads of willow poles for the labor. A regular fuss was raised about Mr. Zeyn and other members taking willow poles, with appropriate action. But the minutes speak for themselves and show a varied group of problems. MINUTES OF THE ANAHEIM WATER COMPANY Copyrighted 1932, by Anaheim Gazette Anaheim, Calif., Nov. 14, 1863. General meeting called to order by J. P. Zeyn, vice president. Debate about what ditches to be included in Anaheim, Calif., Nov. 28, 1863. Meeting of the board of trustees called to order by Vice President J. P. Zeyn. Minutes of the meeting Nov. 21, read and approved. Bill from Geo. Hansen of $50.00 for maps and other expenses, order paid. Chas. van Guelpin sent in his resignation as president of the Anaheim Water company, and John Fischer was elected in his place. A note for 220 plus interest from Oct. 1, 1863, was rendered to Louis Durr. The following notice regarding the change in the by-laws was read: To the Secretary of the Anaheim Water company: Please take notice, that I wish to propose the following alterations of the by-laws of the Anaheim Water company, and that you are requested to call a general meeting according to respective provisions of the by-laws: (Signed) Geo. Hansen. Anaheim, Nov. 26, 1863. New By-Laws of Anaheim Water Co. Resolved, That the Trustees of the company provide for the debts and expenses of said Anaheim Water company by the sale of water, or by monthly assessments or installments due and unpaid may be collected either by sale of shares, or stock, as here to before provided by the by-laws, or by suit against the stockholder, or stockholders of said company on the trustee's behalf. From Jan. 1862 months at $2.00 a month, 6th installment, Total for each share 50 shares Paid in by member Balance Following table committee: Owner Lot C. F. School, A-B A. Holscher A-2 C. Rehm B-2 H. Breermann AC. Stappenbeck BJ. P. Zeyn ,A-B-4 Col. Vineyard A-5 C. C. Kuchel, B-5 F. Schneider, A-6 S. Rust, B-6 E. Wenzel, A-7 P. Hammes, B-7 H. Cramer, C-1 H. Kroger, D1-G6 E. Rooch, C2-D2 J. Keller C-3 Ole Bergson, D-3 T. Schmidt, C5-DJ. Weyse, C-6 I. S. Hittell, D-6 F. Horstmann, C-7 C. Mossemann, DH. Schenk, E1-F1 R. Ludke, E2-F2 J. H. Metz, E-3 A. Humboldt, F-3 J. A. Bauer, E-5 Dr. Czapkay, F-5 G. Hansen, E-6 C. van Guelpin, FH. Padderatz, E-7 A. Hahn, F-7 C. Poppe, G-1 Andres, H-1 J. Hartmann, G-2 F. W. Kulp, H-2 C. Beythlen, G3-H John Fischer, G-H C. Lorenz, G-5 I. Bachmann, H-5 MINUTES OF THE ANAHEIM WATER COMPANY Copyrighted 1932, by Anaheim Gazette Anaheim, Calif., Nov. 14, 1863. General meeting called to order by J. P. Zeyn, vice president. Debate about what ditches to be included in zanjero contract, tabled. Moved and carried, that vaquero be paid off, and discharged, as his work is not a success. Moved and carried, that president be asked to resign if he cannot attend the meetings. Fence committee reported that the outside fence, at Mr. Vineyards lot has been repaired, and no cattle can enter there now. The committee appointed at the last meeting to investigate the stealing of willow poles from main ditch, rendered written report as follows: 1st. The unnecessary wastefulness of cutting poles in the main ditch. 2nd. The use of said poles, by certain persons herein named, for their own private use, when poles from the main ditch are to be used only on the outside fence. Regarding complaint No. 1, in cutting poles they destroyed poles, and young growth in a most wasteful way. Regarding complaint No. 2 we found some holes in outside fence, presumately for future use, but also found on Mr Zeyn's lot 3 piles of freshly cut willow poles, and a good part of his inside fence tled in with a second row of fresh poles. In our two visits to Mr. Zeyn's home we failed to find him in. Mr. Mossemann admitted that he had gotten several loads to repair his inside fence. We herewith consider our instructions fulfilled. (Signed) August Schenk. H. Werder. R. Ludke. Anaheim, Nov. 14, 1863. Moved this report be filed and said gentlemen who helped themselves to poles for their own inside fences, pay for same, and consider themselves reprimanded for their actions. Motion carried. Moved and carried, that the resolution to repair the outside fence by a committee, be annulled and each "outside" lot owner keep his fence in his own best possible way. Moved and carried that the fence committee repair the gates. Mr. Mosseman volunteered to repair the San Pedro gate for three loads of poles, accepted. Moved and carried, that no stockholder receive any more pay for vaquero duty. Meeting adjourned. Resolved, That the Trustees of the company provide for the debts and expenses of said Anaheim Water company by the sale of water, or by monthly assessments or installments due and unpaid may be collected either by sale of shares, or stock, as here to before provided by the by-laws, or by suit against the stockholder, or stockholders of said company as the trustees thereof may direct. A general meeting was advertised for December 19, at 7 p.m. Water sales reported $1.00. Meeting adjourned. Henry Kroger, Secretary. J. P. Zeyn. Vice President. Anaheim, Calif., Dec. 5, 1863. Meeting of board of trustees called to order by President John Fischer. Minutes of the meeting of Nov. 28, read and approved. Bill of H. Bremermann for constructing ditch. $8.00, allowed, providing he make changes satisfactory to zanjero. Water sales of $3.00, reported. Henry Kroger, Secretary. John Fischer, President. Anaheim, Calif., Dec. 12, 1863. Meeting of the board of trustees called to order by President John Fischer. Minutes of the meeting of Dec. 5, read and approved. Zanjero reported that ditch made by Bremermann cannot be used in its present condition. Resolved, that Mr. Bremermann be given 7 more days in which to make the changes. Water sales to the amount of $5.00, reported. Henry Kroger, Secretary. John Fischer, President. Anaheim, Calif., Dec. 12, 1863. General meeting called to order by President John Fischer. Minutes of the meeting of Nov. 25, read and approved. Treasurer's report: Old balance on hand ... $707.72 Amounts due ... 696.00 Bills payable ... 602.75 Not a cent of cash on hand. Report given to committee of Horstmann, Lorenz and Kroger, to audit. A ditch committee appointed of Messrs. Schenk, L. Durr, and Schneider. Instructions to this ditch committee are, that they contract with lot owners who will have new ditches running through their lots, to construct, or hire same constructed. Also to do their share in cleaning out old main ditches. Meeting adjourned. Henry Kroger, Secretary. John Fischer, President. Anaheim, Calif., Dec. 19, 1863. In as much as company owes this following: Money advanced by interest Unpaid salary L. H Louis Aguilar for F. Schneider for O Louis Aguilar for Louis Aguilar for Bill of Carl Rehm Geo. Hansen F. Schneider Total Owe members Other debts Total Int. from Dec. 19, to Jan. 19, 1864, Installment is due Prospective expense zanjero salary New ditches Taxes Total We the committee assessment of $72.00 ment No. 7) be l Respectf Moved and carried, that the resolution to repair the outside fence by a committee, be annulled and each outside lot owner keep his fence in his own best possible way. Moved and carried that the fence committee repair the gates. Mr. Mosseman volunteered to repair the San Pedro gate for three loads of poles, accepted. Moved and carried, that no stockholder receive any more pay for vaquero duty. Meeting adjourned. H. Kroger, Secretary. Anaheim, Calif., Nov. 21, 1863. Board of trustees called to order by Vice President J. P. Zeyn. Minutes of November 7 read and approved. Moved and carried that Mr. Rehm repair the gate on the main ditch, also repair fence on Alico St. (now Sycamore) for $5.00. Bill of Vaquero for $22.75 ordered paid. Resolved to call a general meeting for Nov. 26 to consider changes in the by-laws of the company. Notice from C. Kuchel, that he had transferred his property to Ole Bergson was laid on the table. Bill from L. Durr for back salary, $220.00, laid on the table until the next general meeting. Water sales $1.00 reported. Meeting adjourned. H. Kroger, Secretary. J. P. Zeyn, Vice President. Anaheim, Calif., Nov. 25, 1863. Extra general meeting called to order by President Chas. van Guelpin. Minutes of the meeting Nov. 14, read and approved. After some lengthy discussions of the changes in the by-laws, a committee was appointed, to formulate changes and hand same to secretary. Committee Hansen; Fischer and Schneider. The same committee to estimate all money paid by stockholders from Jan. 1, 1862 to Dec. 31, 1863, plus 1½% per month interest, so that the amount of an assessment can be figured thereby. Meeting adjourned. H. Kroger, Secretary. Chas. van Guelpin, President. Report given to committee of Horstmann, Lorenz and Kroger, to audit. A ditch committee appointed of Messrs. Schenk, L. Durr, and Schneider. Instructions to this ditch committee are, that they contract with lot owners who will have new ditches running through their lots, to construct, or hire same constructed. Also to do their share in cleaning out old main ditches. Meeting adjourned. Henry Kroger, Secretary. John Fischer, President. Anaheim, Calif., Dec. 19, 1863. Meeting of the board of trustees called to order by President John Fischer. Minutes of last meeting, read and approved. Moved and carried, that when new stockholders wanted water, to give them half the amount as stockholders, and preferably at night. Bill of C. Rehm to put new gate in main ditch and raise other gate, $13.00, ordered paid. Water sales for $5.00, reported. Meeting adjourned. Henry Kroger, Secretary. John Fischer, President. Anaheim, Calif., Dec. 19, 1863. General meeting called to order by President John Fischer. Minutes of meeting of Nov./25th read and approved. The report of the committee of J. Fischer, Geo. Hansen and F. Schneider read. To the General Meeting of the Anaheim Water company: Your committee appointed to find ways and means whereby the contracted debts, as well as the running expenses of the company can be met, reports as follows: After some of the members or stockholders refused to pay their monthly dues of $2.00, and the 6th installment of $3.00, the company incurred their present indebtedness, on which they pay 1½% per month. The question arising whether the company could legally collect said dues, and the company hesitating to take legal action against members, unless utter necessity demands, and in as much as some of the members paid their dues, and the 6th assessment in good faith, our recommendations are, that such payments This report was a committee allowed Petition of H. Wesson to construct a alley between his lofted providing Werder the use of the ditch lot. Meeting adjourned. H. Lodi Barber To Shave U Nineteen Lodi barbers notified local welfare would donate 100 hats and needy. ANAHEIM GAZETTE be considered as a loan to the company to bear 1½% interest per month. We have prepared the following table of capital and interest due the stockholders: From Jan. 1862 to Dec. 31, 1863, 24 months at $2.00 a month ...$48.00 6th installment, July, 1863 ...3.00 Total for each share ...$51.00 50 shares ...$2550.00 Paid in by members on books ...1930.00 Balance ...$620.00 Following table was prepared by the committee: Owner Lot Cap. Int. Total C. F. School, A-B 1 $90.00 $16.92 $106.92 A. Holscher A-2 45.00 8.46 53.46 C. Rehm B-2 45.00 8.46 53.46 H. Bremermann A-3 45.00 8.46 53.46 C. Stappenbeck B-3 49.00 8.55 57.55 J. P. Zeyn ,A-B-4 45.00 8.46 53.46 Col. Vineyard A-5 39.00 8.10 47.10 C. C. Kuchel, B-5 14.00 4.20 18.20 F. Schneider, A-6 45.00 8.46 53.46 S. Rust, B-6 44.00 8.37 52.37 E. Wenzel, A-7 18.00 5.13 23.13 P. Hammes, B-7 28.00 6.93 34.93 H. Cramer, C-1 36.00 7.83 43.83 H. Kroger, D1-G6 82.00 16.50 98.50 E. Rooch, C2-D2 82.00 16.00 98.50 J. Keller C-3 38.00 7.98 45.98 Ole Bergson, D-3 41.00 8.25 49.25 T. Schmidt, C5-D-5 90.00 16.92 106.92 J.Weyse, C-6 14.00 4.20 18.20 I.S.Hittell, D-6 45.00 8.46 53.46 F.Horstmann, C-7c 39.00 8.10 47.10 C.Mossemann, D-7 49.00 8.55 57.55 H.Schenk, E1-F1 90.00 16.92 106.92 R.Ludke, E2-F2 90.00 16.92 106.92 J.H.Metz, E-3 43.00 8.37 51.37 A.Humboldt, F-3 34.00 7.65 41.65 J.A.Bauer, E-5 49.00 8.55 57.55 Dr.Czapkay, F-5 39.00 8.10 47.10 G.Hansen, E-6 39.00 8.10 47.10 C.van Guelpin, F-6 34.00 7.65 41.65 H.Padderatz, E-7 42.00 8:25 50:25 A.Hahn, F-7 35:00 7:65 42:65 C.Poppe, G-1 Andres, H-1 6:00 1:98 7:98 J.Hartmann, G-2 45:00 8:46 53:46 F.W.Kulp, H-2 40:00 8:00 48:10 C.Beythlen,G3-H390:6911@net.com John Fischer,G-H441:2549@net.com C.Lorenz,G-547:2549@net.com I.Bachmann,H-539:2549@net.com Wrong Address Will Cost County Money Many counties of California lose thousands of dollars annually in motor vehicle license fees and gasoline taxes because owners of motor vehicles lie in counties when registering their vehicles. Russell Bevans, registrar of motor vehicles so declared recently after the check of applications for new licenses plates received during the present renewal period showed a large number of motor vehicle owners had given addresses in counties other than those in which they reside legally. Inasmuch as motor vehicle license fees and gasoline taxes must, under the law, be apportioned to the various counties upon the basis of the number of motor vehicles registered from each county, Bevans declared, any motorist who knowingly gives an address other than his legal residence is wilfully injuring his own home county. Bevans urged that every person seeking new license plates indicate upon the top line on the certificate of registration the county of residence This does not mean the business address of the applicant but the place where he resides and has his home. While many motorists unwittingly give the wrong address, many others Bevans declared, do so knowingly to avoid payment of the personal property tax in the county of their residence The motor vehicle registrar has ordered careful check maintained on all incoming applications for such violations of the law and persons caught giving fictitious addresses will be refused registration under that section of the law requiring the correct registration information be given the Department upon the official forms. California's newly-drafted agricultural code, combining all of the state's farm laws from 1850 to 1931 in a single, simplified volume, today was projected for early consideration and adoption during the January session of the 1933 State Legislature Adoption of the modern and compact farm code at this month's meeting, farm leaders pointed out, will clear the decks for action on new agricultural legislation during the second half of the session, avoiding confusion and delay in handling of the farm program Similar action will be asked on the new fish and game and motor vehicle codes it was proposed In as much as the Anaheim Water company owes this date Dec. 19, 1863, the following: Money advanced by members with interest $2314.87 Unpaid salary L. Durr 220.00 Louis Aguilar for Oct. 80.00 F. Schneider for Oct. 50.00 Louis Aguilar for Nov. 85.00 Louis Aguilar for Dec. 22.75 Bill of Carl Rehm 5.00 Geo. Hansen 50.00 F. Schneider 50.00 Total $1930.00 584.87 2314.87 Owe members $2314.87 Other debts 562.75 Total $2877.62 Int. from Dec. 19, 1863 to Jan. 19, 1864, when installment is due $43.15 Prospective expenses for zanjero salary 450.00 New ditches 100.00 Taxes 100.00 Total $3570.77 We the committee recommend that an assessment of $72.00 per share (Installment No. 7) be levied. Respectfully submitted, The Committee. This report was unanimously adopted and secretary instructed to write out assessment No. 7 for $72.00 per share, payable Jan. 25, 1864. Same be published in the Los Angeles Star and Alta California, San Francisco. Report of Ditch Committee: South Branch: Extra ditch from C-1 to D-1, to be paid by the Water company. Ditch cleaned by zanjero D-1 to F-1. Ditch cleaned by H. Kroger between E-1 and F-1. Ditch cleaned by A. Schenk, new main ditch between E and F 2. In this manner report goes through all the main and latteral ditches of the company. A great deal of work being done by stockholders, and rest by zanjero. Committee asked for 8 more days in which to complete inspection and rural code, combining all of the state's farm laws from 1850 to 1931 in a single, simplified volume, today was projected for early consideration and adoption during the January session of the 1933 State Legislature. Adoption of the modern and compact farm code at this month's meeting, farm leaders pointed out, will clear the decks for action on new agricultural legislation during the second half of the session, avoiding confusion and delay in the handling of the farm program. Similar action will be asked on the new fish and game and motor vehicle codes, it was announced, so that any new legislation may be drafted as amendments to the new codes. With the farm code in final shape, embracing agricultural laws which have become models for the entire nation, it was indicated that special committee hearings will be held within the next week or ten days to permit final action by both houses and the Governor before the legislative recess. The code, for the most part, represents a simplification of existing laws, with the elimination of conflicts, inconsistencies and ambiguities, and with the laws grouped into divisions relating to specific subjects. Hundreds of obsolete and superseded laws will be repealed to make the compact volume clear-cut and easy of understanding. To simplify the lawmakers' task of reviewing the new code, no new provisions have been written into the code except where flaws were found in the old law and these have been clearly indicated. The code governs the production, protection and marketing of 186 commercial crops grown in California — the greatest number produced by any state in the union. To safeguard the interests of the farming industry, leaders in every branch of the industry have cooperated with the California Code Commission in the two-year task of re-drafting and codifying the existing laws. With the Legislature organized and gathering full headway, the vital importance of the session to California farmers has been thrown into sharp relief. Literally scores of taxation and economy programs — in fact almost as many programs as members — are being mulled over in Sacramento. To date there has been little "settling" of drought, or coordination of effort to single program, but it is expected that the presentation of the budget will help to clear the atmosphere. Although a farm leader, mindful of the fact that agriculture is fighting for survival and rehabilitation, in face of rapidly diminishing incomes, may be expected to support drastic retrenchment in every branch of government as well as tax equalization proposals to remove at least part of the unequal burden now carried by real estate. But what form these measures will take is still problematical in many instances. Already, however, there are indications of united farm action on certain speci- Report of Ditch Committee: South Branch; Extra ditch from C-1 to D-1, to be paid by the Water company. Ditch cleaned by zanjero D-1 to F-1. Ditch cleaned by H. Kroger between E-1 and F-1. Ditch cleaned by A. Schenk, new main ditch between E and F 2. In this manner report goes through all the main and latter ditches of the company. A great deal of work being done by stockholders, and rest by zanjero. Committee asked for 8 more days in which to complete inspection and report. A. Schenk, L. Durr, F. Schneider, Committee. This report was accepted as read and committee allowed further time. Petition of H. Werder asking permission to construct a dry fence on water alley between his lot and Boege, granted providing Werder allow the company the use of the ditch located on Werder's lot. Meeting adjourned. H. Kroger, Secretary. Special general meeting called for Dec. 19, 1863, for the purpose of changing the by-laws of the company was called to order by President John Fischer. Thirty-five votes being present, following amendment read and adopted. Resolved, That the Trustees of the Anaheim Water company may provide for the debts and expenses of said company by the sale of water, or by monthly assessments or installments upon the shares, and that all assessments or installments due and unpaid, may be collected either by sale of the shares or stock, as heretofore provided by the by-laws of the company or by suit against the shareholder, or stockholder, a sthe trustees thereof may direct. H. Kroger, Secretary. Lodi Barbers Offer To Shave Unemployed Nineteen Lodi barbershop proprietors notified local welfare officials they would donate 100 haircuts to the poor and needy. The annual picnic reunion of the Idaho people in Southern California will be held all day, Saturday, January 14, 1933, in Sycamore Grove Park, Los Angeles. All the picnic attractions will be offered including the county headquarters and registers, hot coffee and badges. There is always a popular program after the dinner hour. High class oratory and splendid musical numbers. Carry your basket dinners or buy lunches in the park. Everyone is urged to pass the word along to the newcomers and tourists who may meet many old friends. All the state registrars may be seen at the office of the Federation of State Societies in the Hotel Alexandria, Fifth and Spring Streets, MUtual 0361. "I hear that Mrs. Bargain-hunt had her appendix removed. I didn't know she had appendicitis." "She didn't. Dr. Foxx called her up one day and said so long as he wasn't very busy he would give her the choice of several operations at reduced rates, and she picked the one on which she thought she would be saving the most money." A Address Will Not County Money Counties of California lose dollars annually in motor use fees and gasoline taxes; owners of motor vehicles live in registering their vehicles. Evans, registrar of motor declared recently after applications for new license showed a large number of owners had given admittances other than those in residence legally. Motor vehicle license online taxes must, under the condition to the various county basis of the number of taxes registered from each owner declared, any motorist who gives an address other than his home county. Need that every person seek these plates indicate upon the certificate of registration of residence. This does not business address of the place where he resides home. Motorists unwittingly bring address, many others, armed, do so knowingly to out of the personal property county of their residence. The registrar has ordered a man maintained on all incomms for such violations of persons caught giving addresses will be refused registration that section of the law correct registration in given the Department special forms. D. A. R. Holds Third Council From Santa Barbara to San Diego, and all the intervening cities and hamlets, on Tuesday, January 17, the Daughters of the American Revolution will journey to Whittier to attend their third Council Meeting of the year. This meeting will be held at the Whittler Woman's Club, and it is expected representatives from the 48 Southern California chapters as well as visiting Daughters will attend. The Council Meeting opens at 11 o'clock, with the State Vice-Regent, Mrs. Elmer H. Whittaker, of Santa Barbara, presiding. Mrs. Frank Phelps Toms, former State Regent, will be the morning speaker telling of her work as Reporter General to Smithsonian Institute. Reports having already been given of the work accomplished by the "big" chapter and the "middlesized" chapter, the "little" chapter, Whittier, is now to be heard from through the regent, Mrs. Leslie D. Dickerson. Dr. Edward McChesney Salt, Political Science and Law Department of Pomona College, will be the speaker at the 1 o'clock Reciprocity Luncheon, his subject being: "An Historian's View of the Peace Movement." Mrs. Fred B. Gillenwaters, of Alhambra will have charge of the Reciprocity Luncheon, which is open to the Public, Reservations to be made through Mrs. Robert L. Wood, 577 Lower Azusa Road, El Monte: Telephone 88-R, before January 14. Mrs. Gnaggs—Before we were married you used to say you could listen to my voice for ever. Mr. Gnaggs—Well, at that time I had no idea I'd ever have to do it. Commission Meets First Time in South The next meeting of the State Fish and Game Commission will be held in El Centro, Saturday, January 7, 1933, at 10:30 a.m. This is the first time a meeting of the fish and game authorities has ever been held in this southmost section of California. One of the principal topics to be discussed is the Imperial Valley water-fowl refuge at Salton Sea. The question of proper drainage, feed conditions and protectionary measures will be discussed. Another subject that will have the attention of the commissioners will be the stocking of Salton Sea with sport, as well as food fish. Some efforts have been made in this direction and it is expected something definite may develop at the coming meeting. Imperial county and adjoining areas on the Colorado desert are noted for doves, desert or red-headed quail and rabbits and these species of game will be discussed. The meeting of the Commission is open to the public and already sportsmen's organizations in that section of the state have indicated they will have good representations at the sessions. It is the desire of the members of the Commission to have all hunters and anglers appear at these meetings and present their problems, and receive the assurance of the official body that their desires shall be given the most earnest consideration. Commissioners J. Dale Gentry, president, I. Zellerbach and Earl B. Gilmore will attend the El Centro meeting, together with Major John L. Farley, executive officer and Eugene D. Bennett, attorney for the Commission. BANK of AMERICA NATIONAL TRUST & SAVINGS ASSOCIATION — A National Bank: Member of Federal Reserve System and BANK of AMERICA — A California State Bank CONDENSED STATEMENT OF CONDITION, DECEMBER 31, 1932 RESOURCES Bank of America N.T. & S.A. $33,557,086.80 $1,465,252.29 30,740,230.26 4,907,017.28 $70,669,586.63 United States Bonds and Certificates of Indebtedness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State, County and Municipal Bonds ..... 74,221,109.96 8,972,388.61 Other Bonds and Securities ..... 15,845,823.27 4,207,147.77 280,150,033.98 Stock in Federal Reserve Bank ..... 2,700,000.00 None 2,700,000.00 Loans and Discounts ..... 480,675,373.55 27,197,643.01 507,873,016.56 Bank Premises, Furniture, Fixtures and Safe Deposit Vaults ..... 41,777,824.04 2,349,996.75 44,127,820.79 Other Real Estate Owned Customers’ Liability on Account of Letters of Credit, Acceptances and Endorsed Bills ..... 5,947,135.02 404,756.97 6,351,891.99 Other Resources ..... 10,821,234.88 5,500.00 10,826,734.88 Other Resources ..... 9,837,913.12 65,290.38 9,903,203.50 Total Resources ..... $876,309,347.22 $56,292,941.11 $932,602,288.33 LIABILITIES Other Real Estate Owned Customers' Liability on Account of Letters of Credit, Acceptances and Endorsed Bills ... 10,821,234.88 5,500.00 10,826,734.88 Other Resources ... 9,837,913.12 65,290.38 9,903,203.50 Total Resources ... $876,309,347.22 $56,292,941.11 $932,602,288.33 LIABILITIES Capital ... $50,000,000.00 $4,000,000.00 Corpus ... 40,000,000.00 1,750,000.00 Individed Profits ... 9,890,774.17 697,999.52 Reserves ... 7,498,114.14 628,948.13 $114,465,835.96 Circulation ... 45,500,000.00 None 45,500,000.00 Discounts and Bills Payable ... 11,875,839.49 None 11,875,839.49 Liability for Letters of Credit and as Acceptor, Endorser or Maker on Acceptances and Foreign Bills ... 11,096,808.35 5,500.00 11,102,308.35 Deposits: Commercial Savings ... 165,541,932.61 10,737,248.32 Total Liabilities ... $876,309,347.22 $56,292,941.11 $932,602,288.33 This figure represents an increase of $90,354,000.00 since March 12, 1932. This Bank pays interest on savings accounts equal to the most favorable rate paid by any bank in this city doing a comparable savings business ▲ 410 BANKING OFFICES IN 243 CALIFORNIA COMMUNITIES BANK of AMERICA NATIONAL TRUST & SAVINGS ASSOCIATION...a National Bank...and BANK of AMERICA...a California State Bank...are identical in ownership and management.