Belloc & Company - San Francisco, CA

Episode Information

Episode UID: 9623844691083
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 962384469 hash
Start Date: March 17, 1890
Location: San Francisco, California (37.780, -122.419)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 01b0d5cc063b8c80

Response Measures

None

Description

Article uses variant spelling Bellec; refers to assignment for benefit of creditors.

Events (1)

1. March 17, 1890 Receivership

Newspaper Excerpt: About 200 of the creditors of Belloc & Co., the bankers, who assigned a few weeks ago, held a meeting today
Source: newspapers

Newspaper Articles (1)

1. March 18, 1890 Los Angeles Daily Herald Los Angeles, CA

Article from Los Angeles Daily Herald, March 18, 1890

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Article Text

The Bellec Bank Failure. SAN FRANCISCO, March 17. - About 200 of the creditors of Belloc & Co., the bankers, who assigned a few weeks ago, held a meeting today, at which a diepatch from Hypolite Belloc, head of the banking firm, was read, wherein he promised to pay any compromise settle ment they might agree to inside of a year. Charles Mayne, the largest creditor of the bank, guaranteed the depositors 60 cents on the dollar on the pledge of Belloc that the business of the bank would be settled within a vear. Some of the creditors, however, opposed the motion to appoint another assignee or receiver, and a committee, including the Sheriff, was appointed to inquire into the affairs of the bank.