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William Tecumseh Sherman, Memoirs of General William T. Sherman . 40 0 Browse Search
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William Tecumseh Sherman, Memoirs of General William T. Sherman ., volume 1, Chapter 3: Missouri, Louisiana, and California. 1850-1855. (search)
erest that would accumulate and grow. Hie also disclosed to me that, in establishing a branch in California, he was influenced by the apparent prosperity of Page, Bacon & Co., and further that he had received the principal data, on which he had founded the scheme, from B. R. Nisbet, who was then a teller in the firm of Page, BaconBacon & Co., of San Francisco; that he also was to be taken in as a partner, and was fully competent to manage all the details of the business; but, as Nisbet was comparatively young, Mr. Lucas wanted me to reside in San Francisco permanently, as the head of the firm. All these matters were fully discussed, and I agreed to apply for a nk of Lucas, Turner & Co. was established, and was engaged in selling bills of exchange, receiving deposits; and loaning money at three per cent. a month. Page, Bacon & Co., and Adams & Co., were in full blast across the street, in Parrott's new granite building, and other bankers were doing seemingly a prosperous business, amon
William Tecumseh Sherman, Memoirs of General William T. Sherman ., volume 1, Chapter 4: California. 1855-1857. (search)
om the St. Louis house, that the bank of Page, Bacon & Co. was in trouble, growing out of their relau Street. In California the house of Page, Bacon & Co. was composed of the same partners as in ect that some particular acceptances of Page & Bacon, of St. Louis, in the hands of Duncan, Shermanone to protest. All who had balances at Page, Bacon & Co.'s, or held certificates of deposit, weret night after bank-hours, I went down to Page, Bacon & Co., and entered their office from the rear.lly examined the books, papers, etc., of Page, Bacon & Co., do hereby certify that the house is solucated and trained in that very house of Page, Bacon & Co.; that we kept our books exactly as they eclined to sign his paper. The run on Page, Bacon & Co. therefore continued throughout the 21st,d a short notice that, for want of coin, Page, Bacon & Co. found it necessary to close their bank f quoted, that, in case of the failure of Page, Bacon & Co., all the other banks would break, I deem[7 more...]