California Bank (Oakland, CA)

Episode Information

Episode UID
3087505591295
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
308750559 hash
Start Date
November 12, 1907
Location
Oakland, California (37.804, -122.271)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b2443c16246db3f1

Response Measures

None

Description

Suspension tied to losses at an affiliated Ventura bank; subsequently placed in receivership.

Events (2)
1. November 12, 1907 Suspension
Cause
Local Banks
Cause Details
Affected by the closing/obligations of William Collins & Sons bank at Ventura which allegedly owed the California Bank and embarrassed it
Newspaper Excerpt
did not open its doors this morning, and will take advantage of the legal holidays... The closing of the bank of William Collins & Sons at Ventura... is what affected the California. That bank is supposed to owe enough to the local institution to have embarrassed it
Source
newspapers
2. March 7, 1908 Receivership
Newspaper Excerpt
A decision given by Superior Judge Harris today permitted Receiver James P. Edoff of the California bank to offset matured notes held by the bank against persons having cash on deposit in the bank prior to the time of the closing of its doors.
Source
newspapers

Newspaper Articles (21)
1. November 13, 1907 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, November 13, 1907

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TAKING A "HOLIDAY." California Bank at Oakland in State of Suspended Animation. Oakland, Cal., Nov. 12.-At the earnest solicitation of the Oakland clearing house association, the California bank, D. Edward Collins, president, at Twelfth and Washington streets, did not open its doors this morning, and will take advantage of the legal holidays. The closing of the bank of William Collins & Sons at Ventura, of which D. Edward Collins is also president, is what affected the California. That bank is supposed to owe enough to the local institution to have embarrassed it, but merely temporarily. President Collins believes that during the holidays he will be able to gather in sufficient funds from available assets to reopen shortly. The California bank was incorporated Sept. 1, 1887. Its officers are: D. Edward Collins, president; John W. Phillips, vice president; Frank H. Brooks, cashier.

2. November 13, 1907 Arizona Republican Phoenix, AZ
Article from Arizona Republican, November 13, 1907

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CLEARING HOUSE LIGHTENED By the Temporary Suspension of an Oakland Bank. Oakland, Nov. 12.-At the earnest solicitation of the Oakland clearing house, the California Bank, D. Edward Collins, president, failed to open this

3. November 19, 1907 Wausau Pilot Wausau, WI
Article from Wausau Pilot, November 19, 1907

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Financial Institutions Suspend. The developments Tuesday in the financial crisis were as follows: The Merchants' National bank of Portland, Ore., with deposits of $5,212,052, closes its doors; California bank at Oakland, Cal., suspends payment; Farmers and Merchants' bank of Sapulpa, Ind. T., is foreed to suspend; People's bank of California, Pa., closes its doors; Ravenswood bank, a small Chicago institution, goes into the hands of a receiver.

4. November 21, 1907 Wood County Reporter Wisconsin Rapids, WI
Article from Wood County Reporter, November 21, 1907

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Financial Institutions Suspend. The developments Tuesday in the financial crisis were as follows: The Merchants' National bank of Portland, Ore., with deposits of $5,212,052, closes its doors; California bank at Oakland, Cal., suspends payment; Farmers and Merchants' bank of Sapulpa, Ind. T., is forced to suspend; People's bank of California, Pa., closes its doors; Ravenswood bank, a small Chicago institution, goes into the hands of a receiver.

5. November 22, 1907 The Yale Expositor Yale, MI
Article from The Yale Expositor, November 22, 1907

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grand master of the Masonic Order Missouri, committed suicide at the Midland hotel in Kansas City, leaving no message to explain his action. There was no evidence that the fairs of the Bank of Albany were volved in the tragedy. Charles Tracy Barney, the deposed president of the Knickerbocker Trust Company of New York, and until cently a power in the financial world, shot and killed himself. The deed attributed to despondency over the loss of his large fortune and business standing. Bankers and merchants in session at Sioux City, Ia., adopted a system of grain checks which it was agreed should be accepted as currency. Merchants National bank of Portland Ore.; the California bank of Oakland Cal.; the Farmers and Merchants bank of Sapulpa, I. T., and the Ravens wood Exchange bank in a Chicago suburb suspended. The Royal Motor Car company of Cleveland, O., and the Gary wholesale grocery house Selma, Ala., went into the hands receivers. Secretary Cortelyou made the nouncement that as a means of fording relief to the financial situation the treasury would issue $50,000,000 Panama bonds, and $100,000,000 tificates of indebtedness, or so much thereof as may be necessary. The certificates will run for one year will bear three per cent. interest. Prince Charles of Bourbon was ried to Princess Louise of France Wood Norton, England, in the ence of about 40 members of families. Charles H. Seitz, formerly genera manager of the Michigan Telephone company at Detroit, died in Chicago from pneumonia. Mrs. Evelyn Romadka, the Milwau kee woman burglar, was sentenced the Joliet penitentiary for an determinate period of from one twenty years by Judge Brentano Chicago on her plea of guilty to charge of burglary. Louis H. Krehl, a young civil gineer on the Rock Island railroad shot himself in the head at Topeka Kan. The $22,000 worth of pay checks fo the miners of the Carbon Coal & company, which were lost from stage that runs between Longsdal and Cokedale, Col., were found boys and returned to the company. J. Ballin, a stock broker of Ham burg and a brother of Albert Ballin director general of the Hamburg-Amer ican Steamship line, committed cide. Alexander Fries, head of the of Alexander Fries & Bro., New Yor and Cincinnati, and one of the eminent chemists of the country, in Cincinnati. Harry Waters and his son Walte were struck by the fast mail train the Vandalia and instantly killed the village of Almeda, Ind. The safe in the post office at Seneca S. C., was blown open and $800 stamps and $200 in currency taken. The indorsement of William H. Taf for the presidency, and a demand home rule were the salient feature of the platform reported to the kan Republican convention. William Willcox, former superir tendent of the municipal lighting of Columbus, O., was found guilty a jury on the charge of defrauding city out of $1,170. A fatal wreck occurred on the souri River & Northwestern railroa between Mystic, S. D., and Rapid An extra engine and three cars, filled with passengers, plunged

6. January 3, 1908 The Farmington Times Farmington, MO
Article from The Farmington Times, January 3, 1908

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FINANCIAL Jan. 21 Merchants and Farmers' bank of Fairmont, Minn. suspended. eb 2F. D Gilman. former president suspended Home bank of Goodland, Ind., found guilty of embezzlement. F. D Gliman Indiana banker, sentenced to term of one to three years in state prison Disappearance of $173,000 from subtreasury at Chicago made public Mar 14 Virtual panic in Wall street: Secretary Cortelyou relieved the situation Citizens' State bank of Firth, Neb., closed by state Corbin Banking company of New York, assigned, assets, $3,000,000; liabilities, $1,700,000 pr. 2 Maj H W. Salmon of Warsaw. Mo., convicted of illegal banking. sentenced three years in penitentiary 11 Bank of Conception, at Clyde, Mo., ordered closed 19 Ex Judge Smith of Chicago, found guilty of conspiring to defraud stockholders and depositors of Bank of America, of which he was president: penalty. imprisonment and $1,000 fine. Jul. 1-Citizens bank of Eureka Springs, Ark, suspended Fort Dallas National bank of Miami, Fla., closed. Farmers' National bank of Boyertown. Pa., ordered closed. ug 3-People's State bank of Browns. town. Ind., closed by state authorities. 24 Receivers appointed for Pope Mfg Co., of Hartford, Conn.: failure ascribed to stringency of money market ep. -Watson & Co., members of New York stock and produce exchanges and of Chicago board of trade, failed. Oct. 9-Union bank of Richland, and Bowman bank of Kalamazoo. Mich, both private institutions, closed doors. Collapse of Heinze corner in copper caused violent slump in stocks in New York: firm of Otto Heinze & Co., suspended from stock exchange New York clearing house committee declared that the Heinze, Morse and Thomas interests had been eliminated from banking organizations of New York. Knickerbocker Trust Co., New York's second largest financial institution, forced to suspend great slump in securities call money at 70 per cent. Secretary of treasury ordered deposit of $25,000,000 of government funds in New York banks Four Westinghouse companies at Pittsburg and one trust company forced into hands of receivers because of financial stringency State Bank and Trust Co., of Carson, Nevada, falied. Three minor banks in New York forced to close Southern Steel Co., of Birmingham, Ala, filed involuntary petition in bankruptcy. Six more minor banking institutions in New York closed doors Union Trust Co., of Providence, R. I., sus1 pended. Banks in New York and Chicago, and many other cities adopted clearing house loan certificate system to prevent draining of supplies of currency and made withdrawal of savings deposits subject to legal notice. California Safe Deposit & Trust Co. bank, at San Francisco, closed Financial conditions in New York practically normal again. Nov. 4-Three small banks in Kansas closed United States Steel corporation secured controlling interest in Tennessee Coal & Iron Co. Receiver appointed for Arnold Print works of North Adams, Mass., one of largest textile concerns in country. 12 Merchants' National bank of Portland, Ore., California bank of Oakland, Cal., and Farmers' & Merchants' bank of Sapulpa, I T., suspended. 18 Secretary of Treasury Cortelyou ordered issue of $50,000,000 of Panama honds and $100,000,000 certificates of in-debtedness as means of relieving financlal situation City National bank of Frederick, Okla., failed. American Silk Co. capital stock, $11,000,000, which operated mills in several cities. placed in hands of receiver. Dec. 2 Chelsea Savings abnk of Chelsea, Mich., owned by State Treasurer Glazier, closed. National Bank of Commerce one of largest financial institutions of Kansas City, suspended. Fort Pitt National bank of Pittsburg, closed. 17-Jewelers' National bank at North Attleboro, Mass., in hands of receiver.

7. January 3, 1908 The Forrest City Times Forrest City, AR
Article from The Forrest City Times, January 3, 1908

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FINANCIAL Jan Merchants' and Farmers' bank of Fairmont, Minn. suspended. Feb.2-F D. Gilman, former president suspended Home bank of Goodland, Ind. found guilty of embezzlement. LF D. Gilman, Indiana banker sentanced to term of one to three years in state prison. Disappearance of $ 3,000 from subtreasury at Chicago made public. Mar. 14 Virtual panic in Wall street; Secretary Cortelyou relieved the situation Citizens State bank of Firth, Neb., closed by state Corbin Banking company of New York, assigned assets, $3,000,000; Habillties, $1,700,000. pr. -Maj H. W. Salmon of Warsaw. Mo. convicted of illegal banking, sentenced three years in penitentlary 11-Bank of Conception, at Clyde, Mo., ordered closed 10-Ex-Judge Smith of Chicago, found utity of conspiring to defraud stock holders and depositors of Bank of America, of which he was president; Denalty imprisonment and $1,000 fine Citizens' bank of Eureka Springs, Ark. suspended -Fort Dallas National bank of Miami, Fla. closed. -Farmers' National bank of Boyertown. Pa. ordered closed. Aug. 1-People's State bank of Brownstown, Ind. closed by state authorities. Receivers appointed for Pope Mfg Co., of Hartford, Conn. failure ascribed to stringency of money market ep. 5-5 Watson & Co. members of New York stock and produce exchanges and of Chicago board of trade failed. Oct. -Union bank of Richland, and Bowman bank of Kalamazoo, Mich., both private institutiona closed doors &-Collapse of Heinze corner in copper caused violent slump in stocks in New York: firm of Otto Heinze & Co., suspended from stock exchange New York clearing house committee declared that the Heinze Morse and Thomas interests had been eliminated from banking organizations of New York -Krickerbocker Trust Co. New York's second largest financial institution, forced to suspend great slump in securities: call money at 70 per cent. Secretary of treasury ordered deposit of $25,000,000 of government funds in New York banks Four Westinghouse companies at Pittsburg and one trust company forced into hands of receivers because of financial stringency State Bank and Trust Co., of Carson, Nevada, failed 84 Three minor banks in New York forced to close Southern Steel Co., of Birmingham, Ala. filed involuntary petition in bankruptcy -8ix more minor banking institutions in New York closed doors Union Trust Co., of Providence, R. I., suspended. -Banks in New York and Chicago, and many other cities adopted clearing house loan certificate system to prevent draining of supplies of currency and made withdrawal of savings deposits subject to legal notice. -California Safe Deposit & Trust Co. bank, at San Francisco, closed Financial conditions in New York practically normal again. Nov. T-Three small banks in Kansas closed United States Steel corporation secured controlling Interest in Tennessee Coal & Iron Co. Receiver appointed for Arnold Print works of North Adams, Mass. one of largest textile concerns In country 22-Merchants' National bank of Portland, Ore California bank of Oakland, Cal. and Farmers' & Merchants' bank of Sapulpa, I T. suspended 22 Secretary of Treasury Cortelyou or dered issue of $ 50,000,000 of Panama bonds and $100,000.00 certificates of indebtedness as means relieving financial situation City National bank of Frederick, Okla., falled -American Silk Co capital stock $11. 000,000, which operated mills in several cities placed In hands of receiver Dec. 2 Chelsea Savings abnk of Chelsea. Mich owned by State Treasurer Glazler, closed. 5 National Bank of Commerce, one of largest financial Institutions of Kansas City, suspended -Fort Pitt National bank of Pittsburg, closed 17-Jewelers' National bank at North Attleboro, Mass., In hands of receiver

8. January 4, 1908 The Huttig News Huttig, AR
Article from The Huttig News, January 4, 1908

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Union doors closed Trust Co., of Providence, R. I., suspended. 26-Banks in New York and Chicago, and many other cities adopted clearing thouse loan certificate system to prevent draining of supplies of currency and made withdrawal of savings deposits subject to legal notice. 80-California Safe Deposit & Trust Co. Finanbank, at San Francisco, closed cial conditions in New York practically normal again. Nov. -Three small banks in Kansas closed United States Steel corporation secured controlling interest in Tennessee Coal & Iron Co. B-Receiver appointed for Arnold Print works of North Adams, Mass., one of largest textile concerns in country. 32-Merchants' National bank of Portland, Ore., California bank of Oakland, Cal., and Farmers' & Merchants' bank of Sapulpa, I. T., suspended. Secretary of Treasury Cortelyou ordered issue of $50,000,000 of Panama bonds and $100,000,000 certificates of indebtedness as means of relieving financial situation City National bank of Frederick, Okla., failed. -American Silk Co. capital stock, $11,000,000, which operated mills in several cities, placed in hands of receiver. Dec. 2-Chelsea Savings abnk of Chelsee, Mich., owned by State Treasurer Glazier, closed. National Bank of Commerce, one of largest financial institutions of Kansas City, suspended. -Fort Pitt National bank of Pittsburg, closed. 17-Jewelers' National bank at North Attleboro, Mass., in hands of receiver.

9. January 9, 1908 Meade County News Meade, KS
Article from Meade County News, January 9, 1908

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Jan. 21-Merchants' and Farmers' bank of Fairmont, Minn., suspended. Feb. 2-F. D. Gilman, former president suspended Home bank of Goodland, Ind., found guiltv of embezzlement. 5-Disappearance of $173,000 from subtreasury at Chicago made public. Mar. 14-Virtual panic in Wall street; Secretary Cortelyou relieved the situation. -Corbin Banking company of New York, assigned; assets, $3,000,000; liabilities, $1,700,000. Apr. 2-Maj. H. W. Salmon of Warsaw, Mo., convicted of illegal banking, sentenced. three years in penitentiary. -Ex-Judge Smith of Chicago, found guilty of conspiring to defraud stockholders and depositors of Bank of America, of which he was president; penalty, imprisonment and $1,000 fine. Jul. 1-Citizens' bank of Eureka Springs, Ark., suspended. Aug. 3-People's State bank of Brownstown, Ind., closed by state authorities. M-Receivers appointed-for Pope Mfg. Co., of Hartford, Conn.; failure ascribed to stringency of money market. ep. 5-Watson & Co., members of New York stock and produce exchanges and of Chicago board of trade, failed. ct. 9-Union bank of Richland, and Bowman bank of Kalamazoo, Mich., both private institutions, closed doors. I-Collapse of Heinze corner in copper caused violent slump in stocks in New York; firm of Otto Heinze & Co., suspended from stock exchange. -New York clearing house committee declared that the Heinze, Morse and Thomas interests had been eliminated from banking organizations of New York. -Knickerbocker Trust Co., New York's second largest financial institution, forced to suspend; great slump in securities; call money at 70 per cent. -Secretary of treasury ordered deposit of $25,000,000 of government funds in New York banks Four Westinghouse companies at Pittsburg and one trust company forced into hands of receivers because of financial stringency State Bank and Trust Co., of Carson, Nevada, failed. M-Three minor banks in New York forced to close Southern Steel Co., of Birmingham, Ala., filed involuntary petition in bankruptcy. M-Banks in New York and Chicago, and many other cities adopted clearing house loan certificate system to prevent draining of supplies of currency and made withdrawal of savings deposits subject to legal notice. -California Safe Deposit & Trust Co. bank, at San Francisco, closed Financial conditions in New York practically normal again. Nov. 4-Three small banks in Kansas closed. United States Steel corporation secured controlling interest in Tennessee Coal & Iron Co. 22-Merchants National bank of Portland, Ore., California bank of Oakland, Cal., and Farmers' & Merchants' bank of Sapulpa, I. T., suspended. B-Secretary of Treasury Cortelyou ordered issue of $50,000,000 of Panama bonds and $100,000,000 certificates of indebtedness as means of relieving financial situation City National bank of Frederick, Okla., failed. 7-American Silk Co. capital stock, $11,000,000, which operated mills in several cities, placed in hands of receiver. Dec. Chelsea Savings abnk of Chelsea, Mich., owned by State Treasurer Glazier, closed. 5-National Bank of Commerce, one of largest financial institutions of Kansas City, suspended. 6-Fort Pitt National bank of Pittsburg, closed. 17-Jewelers® National bank at North Attleboro, Mass., in hands of receiver.

10. January 10, 1908 The Rice Belt Journal Welsh, LA
Article from The Rice Belt Journal, January 10, 1908

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Merchants' and Farmers' bank rinont, Minn., suspended. F. D. Gilman, former president I ded Home bank of Goodland, found guilty of embezzlement. D. Gilman, Indiana banker, sen> ed to term of one to three years in e prison. asappearance of $173,000 from subreasury at Chicago made public. Mar. 14-Virtual panic in Wall street; Secretary Cortelyou relieved the situa19-Citizens' tion. State bank of Firth, Neb., closed by state. 28 Corbin Banking company of New York, assigned; assets, $3,000,000; liabilities, $1,700,000. Apr. 2-Maj. H. W. Salmon of Warsaw, Mo., convicted of illegal banking. sentenced three years in penitentiary. 11-Bank of Conception, at Clyde, Mo., ordered closed. 19-Ex-Judge Smith of Chicago, found guilty of conspiring to defraud stockholders and depositors of Bank of America, of which he was president; penalty, imprisonment and $1,000 fine. Jul. 1-Citizens' bank of Eureka Springs, Ark., suspended. Fort Dallas National bank of Miami, Fla., closed. 20-Farmers' National bank of Boyertown, Pa., ordered closed. Aug. 3-People's State bank of Brownstown, Ind., closed by state authorities. 14-Receivers appointed for Pope Mfg. Co., of Hartford, Conn.; failure ascribed to stringency of money market. Sep. Watson & Co., members of New York stock and produce exchanges and of Chicago board of trade, failed. Oct. 9-Union bank of Richland, and Bowman bank of Kalamazoo, Mich., both private institutions, closed doors. 16-Collapse of Heinze corner in copper caused violent slump in stocks in New York; firm of Otto Heinze & Co., BUSpended from stock exchange. 19-New York clearing house committee declared that the Heinze, Morse and Thomas interests had been eliminated from: banki organizations of New York. 22-Knickerbocker Trust Co., New York's second largest financial institution, forced to suspend; great slump in securities: call money at 70 per cent. -Secretary of treasury ordered deposit of $25,000,000 of government funds in New York banks Four Westinghouse companies at Pittsburg and one trust company forced into hands of receivers because of financial stringency State Bank and Trust Co., of Carson, Nevada, failed. 24-Three minor banks in New York forced to close Southern Steel Co., of Birmingham, Ala., filed involuntary petition in bankruptcy. 25-Six more minor banking institutions in New York closed doors Union Trust Co., of Providence, R. I., suspended. -Banks in New York and Chicago, and many other cities adopted clearing house loan certificate system to preven draining of supplies of currency and made withdrawal of savings deposits subject to legal notice. California Safe Deposit & Trust Co Finan bank, at San Fran isco, closed cial conditions in New York practicall normal again. Nov. 4-Three small banks in Kansa closed United States Steel corpora tion secured controlling interest in Ten nessee Coal & Iron Co. -Receiver appointed for Arnold Prin works of North Adams, Mass., one largest textile concerns in country. 12-Merchants' National bank of Por land, Ore., California bank of Oaklan Cal., and Farmers' & Merchants' ban of Sapulpa, I. T., suspended. 18-Secretary of Treasury Cortelyou O dered issue of $50,000,000 of Panam bonds and $100,000,000 certificates of il debtedness as means of relieving fina cial situation City National bank Frederick, Okla., failed. -American Silk Co. capital stock, $11 000,000, which operated mills in sever cities, placed in hands of receiver. Dec. 2-Chelsea Savings abnk of Che sea, Mich., owned by State Treasur Glazier, closed. National Bank of Commerce, one largest financial institutions of Kans City, suspended. Fort Pitt National bank of Pittsbur closed. M-Jewelers' National bank at Nor Attleboro, Mass in hands of receiver

11. March 8, 1908 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, March 8, 1908

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PERMITS RECEIVER TO OFFSET MATURED NOTES Affects Paper Held by the Bank Against Persons With Cash on Deposit OAKLAND, March 7.-A decision given by Superior Judge Harris today permitted Receiver James P. Edoff of the California bank to offset matured notes held by the bank against persons having cash on deposit in the bank prior to the time of the closing of its doors. Such deposits may be credited against the amounts of the notes, according to the decision, and. in cases where the deposit is not sufficient to pay the note the payee is responsible for the remainder. The decision was given during the consideration of a petition by Edoff to offset $6,000 worth of notes by cash on deposit. The decision does not affect notes secured by collateral or by mortgages, as Judge Harris intends taking up consideration of this feature in two weeks.

12. April 23, 1908 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, April 23, 1908

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MISTAKEN USE OF NAME OF BANK IS CORRECTED Strong Union National Bank Is Wrongly Mentioned as in Receiver's Hands In yesterday's issue of The Call, through a confusion of names, it was made to appear that the Union national bank of Oakland was in the hands of a receiver. The reference was to the California bank of Oakland, which has been in the process of liquidation for several months. The receiver of the concern stated that the unbusinesslike methods of some of the directors of the institution were responsible for the fallare, and in reporting the fact the name of the Union national bank was inserted by mistake. The Union national is one of the strongest financial institutions in the city of Oakland and its soundness is common knowledge.

13. June 13, 1908 Los Angeles Herald Los Angeles, CA
Article from Los Angeles Herald, June 13, 1908

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OAKLAND BANK WANTS ITS SHARE OF VENTURA MONEY A petition for a writ of prohibition to prevent any further steps being taken in the receivership proceedings of the Ventura bank, which recently went into the hands of a receiver, has been filed by James P. Edoff, receiver for the California bank of Oakland. Mr. Edoff claims the Oakland bank has been discriminated against in the proposed distribution of a dividend by the Ventura institution. An order was issued yesterday by the appellate court directing Judge Ewing of the Ventura county superior court and other interested parties to appear June 22 and show why a permanent restraining order should not be made enjoining them from all further action in the case.

14. January 21, 1909 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, January 21, 1909

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RECEIVER SUES ON MORTGAGE OAKLAND, Jan. 20.-Receiver James P. Edoff of the California bank sued the Land and Development company today for $23,000 alleged to be due on a promissory note given June 9, 1907. The note was secured by a mortgage on property located at Park and San Pablo avenues, Emeryville.

15. May 6, 1909 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, May 6, 1909

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FIFTY PER CENT HAS BEEN RECEIVED BY DEPOSITORS Affairs of California Bank May Be Wound Up by 1911 OAKLAND, May 5.-Depositors and creditors of the defunct California bank have received 50 per cent of their claims, according to the fifteenth report of Receiver James P. Edoff, filed with the superior court today. The report showed that liabilities had been reduced by $47,017.32 during the month of April, making a total reduction of $584,943.87 since Edoff's appointment. He estimated that the total payments would amount to 75 or 80 per cent of the liabilities and that the affairs of the bank might be wound up by 1911.

16. December 9, 1909 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, December 9, 1909

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RECEIVER HAS PAID OFF 60 PER CENT Defunct California Bank's Affairs Shown to Be Sound OAKLAND, Dec. 8.-Sixty per cent of the claims of depositors of the defunct California bank have been paid off by Receiver James P. Edoff, according to a report that he filed today. The total paid depositors to date is $679,760.99, and the balance due depositors is $375,290.31. The assets of the bank November 30, according to Edoff's report, were $449,774.75. A 3 per cent dividend was paid last month, making the tenth dividend since the bank's affairs came into the hands of the receiver.

17. January 29, 1910 The San Francisco Call San Francisco, CA
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.

18. March 20, 1910 The San Francisco Call San Francisco, CA
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.

19. April 6, 1910 The San Francisco Call San Francisco, CA
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.

20. July 19, 1910 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, July 19, 1910

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FEW DEMAND REDUCTIONS IN THEIR ASSESSMENTS County Supervisors Sit as Board of Equalization OAKLAND, July 18.-F6w reductions of assessments were asked when the supervisors met today as a board of equalization. James P. Edoff, receiver of the California bank, asked that property at Howe street and Piedmont avenue be assessed at $4,500 instead of $5,300. Duane Bullard asked for a reduction from $3,200 to $850, and Mrs. C. Keefe of San Leandro asked for a small reduction on her property. Action was deferred until Wednesday.

21. December 25, 1910 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, December 25, 1910

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RECEIVER EDOFF'S BOND REDUCED TO $30,000 California Bank Depositors Will Receive 80 Per Cent OAKLAND, Dec. 24.-On the testimony that the dividends paid had greatly reduced the assets, the bond of J. P. Edoff, receiver of the California bank, was decreased today by Superior Judge Harris, from $50,000 to $30,000 today. It was shown that through Edoff's management the liabilities of the defunct institution had been so ably handled that the depositors will receive 80 per cent when the affairs are cleared up.