| Farmers And Merchants Bank |
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The Farmers and Merchants Bank was the first incorporated bank in Los Angeles, founded in 1871 by Isaias W. Hellman , a successful merchant, real estate speculator and banker, and brother of Hermann W. Hellman . Isaias was to remain president of the bank till his death in 1920 . ARCHITECTURE Designed in the Classical Revival Style , the Farmers and Merchants Bank remains one of Southern California's finest examples of the early "temples of finance" which were popular at the turn of the century. Its two-story facade, reminiscent of a Roman Temple , is punctuated by an entrance framed with Corinthian Columns topped by a large triangular pediment. Built in 1905 , the bank was designed by the firm of Morgan and Walls. HISTORY The Farmer's and Merchants Bank was founded based upon the funding of three French investors, Dominique Amestoy , Lecouvreur and Joseph Mascarel (previously the mayor of Los Angeles), and the French-speaking Swiss investor Charles Ducommun . Each subscribed $500,000 of the bank's capital. MODERN-DAY The Farmers & Merchants Bank building has been established as Los Angeles Historic-Cultural Monument #271. Much of the original banking room remains, including light fixtures, a central skylight, and the loggia with its Victorian-style railings. Operating as a bank until its closure in the late 80s, the building now functions primarily a as a special events and banquet facility, and film location. The building is slated for renovation by developer Tom Gilmore and Associates. REFERENCES
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