Herbert Fleishhacker (November 2, 1872 – April 2, 1957),[1] was an American businessman, civic leader and philanthropist. In 1924, he created and helped fund the Fleishhacker Pool in San Francisco, for many years the world's largest outdoor saltwater swimming pool. The pool continued to operate until 1971.[2]
Biography
Herbert Fleishhacker was born November 2, 1872, to a Jewish family, the son of Deliah (née Stern) and paper entrepreneur Aaron Fleishhacker.[3][4] He was one of eight children, his brother was Mortimer Fleishhacker Sr. (1866–1953).[5][2] At age 15, he started working for his father as a bookkeeper.[2]
At age 20, he established the first paper mill in Oregon outside of Oregon City.[2] He then created a lumber company in Eugene, Oregon which supported the paper mill.[2] Soon after he turned his attention to electric power and he invested in the Truckee River Electric Company and the Sacramento Valley Power Company.[2]
The Anglo California Bank, Ltd., founded in 1873, was the successor to the London firm of J & W Seligman & Company.[6]
At age 34, he turned his attention to banking.[2] Fleishhacker was president of the London and Paris National Bank of San Francisco (1908), [7] later renamed the Anglo & London Paris National Bank (1909), later renamed the Anglo California National Bank of San Francisco (1932).[8][9][10][11][12][2] In November 1955, the Anglo California National Bank merged with the Crocker First National Bank.
He was married August 9, 1905, to May Belle Greenebaum (August 12, 1884; died 1966). They had one daughter, Marjorie Fleishhacker Mitau, and two sons: Herbert Fleishhacker Jr. and Alan Fleishhacker.[13]
^"Anglo California National Bank of San Francisco". Ghosts of Wall Street. Retrieved February 3, 2022. The Anglo National Corporation was founded in 1908 as the London-Paris National Bank of San Francisco. In 1909, the bank's name was changed to The Anglo & London Paris National Bank. In 1932, the company adopted the name the Anglo California National Bank of San Francisco. In November of 1955, the company merged into Crocker First National Bank. Crocker National Bank was purchased by the British financial institution Midland Bank in 1981, but after a series of financial losses it was sold on to Wells Fargo Bank in 1986.