893. California Bank (Oakland, CA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 3, 1909
Location
Oakland, California (37.804, -122.271)

Metadata

Model
gpt-5-mini
Short Digest
05bbc8b1

Response Measures

None

Description

Articles indicate the California Bank in Oakland was already closed and placed in receivership (Receiver James P. Edoff) by March 1909 and remained defunct through 1910 with receiver reports, asset sales and dividend notices. No article in the set describes a depositor run prior to the suspension; events are consistent with a suspension followed by permanent closure/receivership and liquidation.

Events (6)

1. March 3, 1909 Suspension
Cause
Government Action
Cause Details
Bank had been closed and placed in receivership (receiver Edoff asking court permission to sell bank realty).
Newspaper Excerpt
Permission from the superior court has been asked by Receiver James P. Edoff of the California bank for the sale of realty ...
Source
newspapers
2. September 8, 1909 Receivership
Newspaper Excerpt
Depositors and creditors of the California bank received good news from Receiver James P. Edoff today in a statement that 73 per cent of the total indebtedness of the bank might be ultimately liquidated.
Source
newspapers
3. January 28, 1910 Receivership
Newspaper Excerpt
According to the second annual report of Receiver James P. Edoff of the defunct California bank all the debts of that institution, except $144,772.60, have been paid off.
Source
newspapers
4. March 8, 1910 Receivership
Newspaper Excerpt
The net receipts of Receiver James P. Edoff of the defunct California bank during the month of February were $11,751.27, according to the twenty-fifth report of the receiver, which was filed today.
Source
newspapers
5. March 19, 1910 Receivership
Newspaper Excerpt
Receiver James P. Edoff today petitioned the superior court for permission to compromise the claim of the California bank against the Pacific plaster and lime company.
Source
newspapers
6. April 5, 1910 Receivership
Newspaper Excerpt
Receiver James P. Edhoff of the California bank reported today that he had received an offer of $15,000 cash from Lem Williams for 65 shares of stock of the Ventura association ... advises the sale.
Source
newspapers

Newspaper Articles (6)

Article from The San Francisco Call, March 3, 1909

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Article Text

EVENTS IN THE COUNTIES BORDERING ON THE BAY OF SAN FRANCISCO Suburban Brevities DEFENDAN GRAFT "VERITAS" DENIES GIRL OUTWITS AND Mrs. John Louis Lohse, COMMISSIONS FOR MacMULLAN ADMITS ROWE IMPROVES Oakland, March Who Was Miss M.B. Walsh Former Supervisor H. D. Rowe who has been in critical condition at the Merritt hospital for several days, is reported to be improving. DEALT HEAVY BL GETTING BIG LOOT MOCKS CAMERA MAN UNIVERSITY CADETS GOLD IN HIS PALM WILL INSPECT SCHOOLS Alameda, March 2 N. Delanoy of the chamber of commerce is preparing for a visit to the schools for the purpose of ascertaining their condition from sanitary standpoint. Entire Jury Panel Drawn to Commandant Asked to Nominate Dainty Maid Who Baffled Police Letter Writing Burgiar Mails Explains He Was Putting Coin CENSURES PARENT Oakland, March 2. John Martini, a tailor. came in for censure in San Mateo Boodle Case Protest and Necklaces to Graduates for Places in the in His Pocket When He Gives Snapshot Brigade court today because he had failed to pay $5 a month for the support of his daughter, Amella. who had been adjudged incorrigible. Police Chief Vain Chase Is Disqualified Philippine Constabulary Met Supervisor INJURED IN RUNAWAY.-Berkeley March 2 Ralph Rawson, a deliveryman for the Ralley coal company. was seriously injured this afternoon when his team ran away at the corner of REDWOOD CITY, March 2.-To BERKELEY. March Supervisor BERKELEY, OAKLAND, March 2-Two shining Asserts Tale of Tussle With Cedar and Scenic streets and hurled him to the pavement. mond R. Benjamin, chief deputy Fred W. Foss, Charles Mills, a real esMarch 2.-A new $5 gold pieces were in the palm of the WANT ROADWAY COMPLETED Alameda. field has been ney of Attorney General Webb's tate man, and C. C. Juster, a director Celestial Is False and Gives hand which C. S. MacMullan, tax exMarch 2. At the next meeting of the city who has been intrusted with the opened to the stuof the chamber of commerce, pulled council the question of improving the east half pert, extended to Supervisor Fred W. dents of the uniof the Webster street road will be taken up. cution of Sheriff Chatham, Super Details of "Job" Miss Kate Foley through a transom and Foss of Berkeley, ostensibly for a comImprovement clubs of the west end are urging versity by the Coleman and Blackburn and form the council to take action. then assisted her to climb a 10 foot monplace handshake. Foss told of the government and THIEF STEALS BERKELEY MAN'S SAV. pervisors Debenedetti and J. C. fence in a flight from a horde of newsincident today and said that it followed many of the INGS Berkeley, March -Savings to the OAKLAND, March "Veritas, the enkotter, belongs the credit of amount of $155 were stolen last night from paper camera men who sought to take cadets will have a personal request for his support of burglar whose penchant for writing pantry in the house of William Tynell of 1713 ing the defense the heaviest blo their ambitions her photograph. She is the pretty 19 MacMullan's application to be appointParker street $20 greenback in the bottom of letters of protest in defense of his the tin box was not taken. for a military life der which they have labored year old girl who all yesterday aftered a tax ferret to find unassessed propprowess became known through a sinASKS LEAVE TO SELL BANK REALTYrealized by apthe hearing of the county's graft noon, ensconced in a hole in her home, erty and place it, at 50 per cent comOakland, March Permission from the supepointment to the gular epistle yesterday, has added By sweeping aside the whole rior court has been asked by Receiver James P defied a squad of police to arrest her mission, on the assessment rolls of the Philippine conChief of Police Wilson to his list of Edoff of the California bank for the sale of of jurors selected to sit in the on a charge of battery. county. Indeterminate action was realty owned by the bank at East Fourteenth stabulary. Two of correspondents. The chief received the street and Twenty-third avenue for $17,500. cases, Benjamin has paved the w taken by the board at the meeting the In the courtroom the girl pleaded house breaker's second epistle in the the disqualification of the sheri when the request was made and then WANT LEAGUE OF JUSTICE San Leandro, have won honors not guilty and the date of her precoroner with the ultimate select March 2.-Petitions are being circulated among followed the proffered golden handfirst morning mail today and found in the foreign the citizens of San Leandro and vicinity for the an elisor in view. liminary examination was set for shake. inclosed in the envelope two necklaces organization of a branch of the League of military service Following the rollcall of juryn FELT COINS IN HAND March 18. Then the pursuit of the J. Justice. The movement was begun by R. Albert S. Peake stolen from Mrs. A. Simpson's home at and more are desthe supervisor cases this morni de Bolse. a former resident of Berkeley and camera brigade began. "MacMullan urged me to back his County Clerk Nash. #which show tined to wear the 229 Nineteenth street. The quaint mischarter member of the branch at the college town. petition for appointment," said Foss. By a clever ruse the dainty maideled of them present, Benjamin calle epaulets of the constabulary. sive indicated that the tender skinned BAR TENDER BEATEN FOR INSULTING "and I gave a noncommittal answer. attention of the tourt to the fac the sleuths of the press to the wrong Elvezio Mini, the fleet halfback, one WOMANOakland March 2 R. S. Kyle house breaker is a woman. There was some desultory discussion two of the supervisors now on verel- beat Fred Thompson, a bar tender of of the mainstays of the varsity half a doorway and then with a laugh she "Veritás first letter was received of his project at the meeting, but no Coleman and Blackburn, selecte 862 Harrison street. whom he had accused of dozen years ago, entered the Philipaction was taken. Afterward I met tripped lightly out another exit. yesterday. In it the burglar indiginsulting his wife at Ninth street and Broadway jurors from their districts. wl MacMullan on the street and we shook pine constabulary as a lieutenant and this afternoon. Thompson went to the receiving nantly denied reports of a tussle with third member of the board, F1 As she crossed the street the phohospital. Policeman Dan Curran arrested Kyle. hands. I felt the money in his palm has been twice promoted. He is now a Mrs. Simpson's Chinese servant, assertwho also selected jurymen for the tographers caught sight of her and SAYS SWINDLE WAS ATTEMPTED Ala. pressed against my hand and at once captain. Albert S. Peake of the class ing the Celestial was safely in China: ent trial, is a son in law of D MISS WALSH WEDS meda. March Officers Keyes and Brown this hastened in pursuit. But the pretty I withdrew my fingers. I was angry, of 1908, who graduated with high milla town before the burglary was comdetti. former supervisor and afternoon arrested two men giving the names Amazon kept just a few paces in the but MacMullan only laughed. I don't official. of Charles Zink. 924 Ninth street, Oakland, and mitted It was reported that jewelry tary honors here, is a lieutenant in the lead, effectually balking the snapshot John Quinn of the same place. The arrests know what his purpose was and I did plate worth $1,000 was taken. The same organization. OTHER REASONS ADVANCED artists. were made on complaint of James Bargonnes not stop to ask him. I saw the two burglar denies this. The new order for graduates to offiof the West End bakery. who charges that the The race attracted the attention of Five other reasons were advance DR.JOHN L. LOHSE a coins distinctly and also felt them Accompanying the letter was men attempted to short change him. cer the constabulary was received by several hundred people who saw the the jewel has been identi. Benjamin for the jury's disqualifie plainly, so that there can be no mistake


Article from The San Francisco Call, September 9, 1909

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Article Text

LARGE DIVIDEND IS PROMISED DEPOSITORS Receiver Edoff of California Bank Issues Statement OAKLAND, Sept. 8. -Depositors and creditors of the California bank received good news from Receiver James P. Edoff today in a statement that 73 per cent of the total indebtedness of the bank might be ultimately liquidated. Edoff did not bind himself to that statement, but said that the indications were of a hopeful nature. In addition to the 55 per cent dividends, which have already have been declared, his valuation of assets yet to be realized upon totaled $217,748.24, approximately 20 per cent of the total indebtedness. This was divided into unsecured notes which were good for $9,739.84: collateral notes, $2,650; real estate loans, $133,645; miscellaneous assets, $57.707; and cash on hand in bank, $14,000. The real estate loans will be slow to liquidate. The bulk of the miscellaneous assets is in real estate, which could not be advantageously converted into cash.


Article from The San Francisco Call, January 29, 1910

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RECEIVER MAKES HIS SECOND ANNUAL REPORT Depositors of California Bank Will Recover 75 Per Cent OAKLAND, Jan. 28.-According to the second annual report of Receiver James P. Edoff of the defunct California bank all the debts of that institution, except $144,772.60, have been paid off. The report shows a gross reduction of liabilities of $690,311.50. Edoff declares that the depositors of the California bank will receive about 15 per cent more in dividends. They have already received 60 per cent of their deposits.


Article from The San Francisco Call, March 9, 1910

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RECEIPTS OF DEFUNCT BANK'S RECEIVER- Oakland. March 8.-The net receipts of Receiver James P. Edoff of the defunct California bank during the month of February were $11,751.27, according to the twenty-fifth report of the receiver, which was filed today. The net reduction of liabilities to date has been $681,283.64. There is still due creditors, most of whom are depositors, $373,332.45.


Article from The San Francisco Call, March 20, 1910

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RECEIVER EDOFF ASKS PERMISSION TO SETTLE Would Compromise Claim of Bank Against Company OAKLAND, March 19. - Receiver James P. Edoff today petitioned the superior court for permission to compromise the claim of the California bank against the Pacific plaster and lime company. When the California bank was closed the company owed it $67,888.37, for which permission was given by court to accept $35,000 in installments. There is still due $24,000 on account of this first compromise. Edoff reports to the court that Gilbert McM. Ross of Stockton has made an offer of $7,725 for a mortgage on Placer county property whereby the bank was secured. The receiver recommends that the offer be accepted, as the property in question is not worth more.


Article from The San Francisco Call, April 6, 1910

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RECEIVER RECOMMENDS SELLING OF STOCK OAKLAND, April 5.-Receiver James P. Edhoff of the California bank reported today that he had received an offer of $15,000 cash from Lem Williams for 65 shares of stock of the Ventura association, a corporation owning real estate in Oakland. The net value of the stock, computing it on the value of its holdings, is $16,629.60, but Edhoff does not think that the bank would profit by holding the stock until it could be realized on, His report advises the sale to Williams.