Business & Finance: Sons in San Francisco

At No. 1 Montgomery St., San Francisco, stands the pillared portico of Crocker First National Bank, a rich, conservative institution that is something of a landmark in West Coast banking. It was founded as a private banking house in 1883 by the late Charles Crocker, one of the quadrumvirate that built Southern Pacific RR.* He wanted to leave his son a bank. Son William Henry Crocker began as a clerk, was made president ten years later. Meantime the bank had taken out a national charter, and for the next 40 years prospered exceedingly on...

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