Report of the Board of Bank Commissioners of the State of California to His Excellency the Governor of the State of California

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Excerpt from Report of the Board of Bank Commissioners of the State of California to His Excellency the Governor of the State of California: July 1, 1891To Me Excellency H. H. Markham, Governor of the State of California: The Thirteenth Annual Report of this Commission is herewith respect fully submitted, and contains the reports and examinations of one hundred and thirty-nine Incorporated State Commercial banks, five Agencies of Foreign Commercial banks, forty-five Incorporated State Savings banks, and reports of thirty-seven National banks and twenty Private banks, showing two hundred and forty-six banks in California, With a total capital and surplus of 46, an increase since the last report of fourteen in number and 04 in capital and surplus.Ten banks have retired - four Private banks incorporating under State laws, one State bank closed by the Commissioners, two State banks voluntarily retiring, and three Private banks going out of business.Of the twenty-four new State banks, nine are Savings and fifteen are Commercial banks, indicating a very favorable growth in the State's financial affairs, which may be accepted as an exponent of material advancement.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.