Santa Clara County Biographies


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



          
W. D. TISDALE
 
            The First National Bank of San Jose was organized July 11, 1874, 
with a paid-up capital of $500,000.  Mr. W. D. Tisdale, the present president, 
was its first cashier, and has been the active manager of the bank from its 
organization.  The bank is situated on the southwest corner of First and Santa 
Clara Streets.  It does a general commercial banking business, and draws direct 
on San Francisco, New York, and the principal cities of Europe, having 
correspondents in the leading banks of those cities.  The First National pays no 
interest on deposits.  The fourteen years of its business life have been years 
of steady prosperity and growth.  The accumulated surplus and dividends 
aggregate $176,000; and the present deposits are about $600,000.  In 1880 W. D. 
Tisdale became president, and L. G. Nesmith, hitherto assistant cashier, became 
cashier, which position he now holds.  The bank employs six clerks, besides the 
officers.
            Mr. Tisdale came to the Pacific Coast in 1854, when nine years of 
age, and was for many years identified with mining interests in Nevada County, 
California.  He settled in San Jose, in 1872, and soon after, with others, took 
steps to organize the bank.  Mr. Tisdale is of old Mohawk Dutch stock, the son 
of William L. Tisdale (now a resident of Santa Clara County), and was born in 
Utica, New York.  He married Miss Gephart, a native of Michigan.  They have four 
children.  William L. Tisdale has been a resident of this  State since early in 
fifty, and now lives on the Alameda, retired from active business.  He is a 
stockholder in the First National Bank.
 
Pen Pictures From The Garden of the World or Santa Clara County, California, 
Illustrated. - Edited by H. S. Foote.- Chicago:  The Lewis Publishing Company, 
1888.
Pg. 191
Transcribed by Kathy Sedler