Ladd & Tilton Bank (Portland, Or.)

The Ladd & Tilton Bank, established in 1859, was the first bank in Oregon. It's beginning capital stock was $50,000 and in three years the capital tripled. William S. Ladd managed the daily affairs of the bank while Charles E. Tilton lived in San Francisco where he operated his own business interests. Banking affairs were discussed in correspondence between the two partners. The bank's main practice was collecting debtors' money for local businesses.

From the description of Records, 1851-1933 (bulk, 1852-1865). (Oregon Historical Society Research Library). WorldCat record id: 39161188