[CALIFORNIA - BANKING] Early and rare ledger of the Exchange Bank of Elsinore
. August 1889-November 1890. Contemporary three-quarters tan morocco over calf boards, the spine with gilt decoration, lettering and thick raised bands, the foot with the imprint of the Kansas ledger maker. The sheets 16 1/2 x 13 3/4 (42 x 35 cm); the ledger with approximately 80 numbered ledger sections with folding flaps, these leaves interleaved with shorter ledger pages making groupings of 6 leaves, thus there are approximately 480 leaves accomplished in manuscript. Hinges strengthened, the pages generally clean, the binding rubbed.
In 1887, the Exchange Bank of Elsinore was founded and in April 1888 Elsinore, then part of San Diego County, became the 73rd city incorporated in California, and the first city incorporated to Riverside County upon its creation in 1888. This large format ledger from that early period lists hundreds of residents, businesses and institutions of the town and many of the people listed are quite important to the history of that region (including the Machado Co. of the influential Machado family). Laid into the ledger is an ink blotter, stamped with the name of "S.A. Stewart/Agent/Elsinore/Cal.", and the ledger could potentially be in his hand (he was later named bank president). We trace few related banking items relating to California in the auction record.
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