Barnet J. Segal

Barnet J. Segal
Barnet J. Segal (1898–1985)
Born
Barnet Joseph Segal

January 29, 1898
New York City, New York
Died6 September 1985(1985-09-06) (aged 87)
Monterey, California, US
OccupationBanker

Barnet Joseph Segal (January 29, 1898 – September 6, 1985) was an American businessman and early investor and banker in Carmel-by-the-Sea, California.

Professional background

Bank of Carmel

The once Bank of Carmel building.

The bank outgrew its old building, and in 1938, Segal was instrumental in the bank's move in 1939, to a new two-story concrete building for the Bank of Carmel, at the corner of Ocean Avenue and Delores Street.[1][2][3]

It was Carmel's first commercial bank and the only 1930s Art Deco style building in Carmel.[4]

Carmel Investment Company

On October 15, 1936, Segal purchased the Carmel Investment Company on Ocean Avenue and San Carlos Street, from Donald Hale.[5]

Legacy

Segal set up the Barnet J. Segal Charitable Trust to distribute his estate for the benefit of Monterey County, California. Dr. Herbert and Elaine Berman of Carmel, executors of the trust, gave a $300,000 (equivalent to $599,869 in 2023) donation to the Carmel Public Library Foundation. The Barnet J. Segal Reading Room at the Harrison Memorial Library honors him and was dedicated with a special event on June 4, 1995.[6]

See also

References

  1. ^ Seavey, Kent (2007). Carmel, A History in Architecture. Carmel-by-the-Sea, California: Arcadia Pub. pp. 43–44. ISBN 9780738547053. Retrieved 2022-03-27.
  2. ^ "Ground to Be Broken For Bank at Carmel". San Francisco Chronicle. San Francisco, California. 22 May 1923. p. 7. Retrieved 2022-01-17.
  3. ^ "Carmel Notes". Oakland Tribune. Oakland, California. 14 Oct 1923. p. 25. Retrieved 2022-05-24.
  4. ^ "Ground to Be Broken For Bank at Carmel". San Francisco Chronicle. San Francisco, California. 22 May 1923. p. 7. Retrieved 2022-01-17.
  5. ^ "Certificate Of Doing Business Under Fictitious Name". The Californian. Salinas, California. 23 Oct 1936. p. 16. Retrieved 2022-08-18.
  6. ^ Russo, Stacy Shotsberger (2008-03-14). The Library as Place in California. McFarland. p. 202. ISBN 9780786431946. Retrieved 2022-08-18. {{cite book}}: |work= ignored (help)
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