Los Angeles County, CA, Biographies

This file is part of the California Genealogy & History Archives 
http://www.rootsweb.ancestry.com/~cagha/index.htm


CHARLES ABBOTT ELDER, Los Angeles
 
Born at Kinmundy, May 9, 1864, son of Dr. A. C. and Lavison Wood (Faucher) 
Elder; direct descendant of Ailing Ball, maternal grandfather of Washington. 
Grad. Topeka (Kan.) High School. 1882; University of Illinois, 1890-4; special 
studies at University of Paris, France, 1895. First employment with Elder 
Syndicate of Topeka, Kan., organized by father; General Manager 1883-95; upon 
return from Paris founded a branch at Los Angeles, and organized, with two 
associates, Pacific Investment Co., which, under several changes, has become the 
Los Angeles Investment Co. Pres. fifteen years; now the largest financial 
institution in So. Cal. and largest co-operative building company in world; for 
forty-four years has absolutely protected its stockholders; built over 1,600 
homes in Los Angeles and vicinity; capital and surplus, Sept. 1, 1910, 
$4,295,000; Pres. for 5 years of Elder Building Material Co. also, Pres. Globe 
Savings Bank (four years.) Mem. Chamber of Commerce, Municipal League, Gamut, 
University, City and Federation Clubs.
 
SOURCE: Greater Los Angeles & Southern California Portraits & Personal 
Memoranda, Lewis Publishing Company, 1910, P.205