Gold Bank of Petaluma California Cash Ledger original Account Book 1874-1891
Gold Bank of Petaluma California Cash Ledger original Account Book 1874-1891 Gold Bank of Petaluma California Cash Ledger original Account Book 1874-1891 Gold Bank of Petaluma California Cash Ledger original Account Book 1874-1891 Gold Bank of Petaluma California Cash Ledger original Account Book 1874-1891 Gold Bank of Petaluma California Cash Ledger original Account Book 1874-1891
$ 12,500.00



[Accounting Book, Bank Ledger, First National Gold Bank of Petaluma, California].

Short video captures condition much better than words. Please watch prior to purchase to ensure a clear understanding of the book.

There were only nine privately chartered 19th century Gold Banks in California and this is the daily financial ledger for virtually the entire history of one of them!

Cash Book: First National Gold Bank of Petaluma, California.
Used September 1874 (prior to chartering) - June 1891.
399 pages. Printed accounting form pages filled out by a key bank employee during the time covered.

The spine titles on the raised bands read "Cash Book" and "First Nat. Gold Bank of Pet'a".

Half leather & cloth binding, spine titled in gilt, raised bands, marbled end papers. Binding well age worn and showing signs of forgotten neglect - leather and covers now dried, chipped, stained and showing faults as clearly seen in video and photos.

Rare and one-of-a-kind original west-coast bank ledger showing the cash balances of the First National Gold Bank of Petaluma California (near San Francisco) during its first 17 years of existence - The first entry is from September 23, 1874, and the bank was chartered on October 12, 1874, with an authorized capital of $200,000.

The bank was formed as a direct result of the 1848 California gold rush, all the notes they issued were (in theory) redeemable for gold coin.

I.G. Wickersham was the founding president and H.H. Adwater was the first cashier. It transitioned to become The First National Bank of Petaluma on April 17, 1884. It was placed in voluntary liquidation on September 25, 1894.

The final entries in the present ledger are from June 30, 1891, with a note at bottom "Balance to new book." The columns show the date, the nature of the entry (cash, dividends, etc.), Deposits, Loans, Expenses, Circulation, Interest, and General.

Ledger survives today in rather poor physical condition binding although the contents and pages remain overall clean. Book apparently sat neglected and forgotten for many years before it surfaced onto the market.

Any age flaws are easy to overlook or forgive.

Book measures: 16 1/2" H X 11 1/2" W.

References:

Bower, Encyclopedia of US Paper Money, pp. 339-344.

Friedburg, Paper Money of the United States, pp. 139-142.

[V2047].