Historical Marker · No. 607
Adams and Company Building
Sacramento, Sacramento County · California
Adams and Company ran express and banking out of this building for two years and then went under in a week. Its own banker, Page, Bacon and Company, had overextended financing a Missouri railway and closed in January 1855. The news took five weeks to cross the continent by steamer, and when it landed the runs began. Small depositors lost their savings up and down the state. The building has outlived the company by a hundred and seventy years and carries nothing that says so.
Where it stands
38.58261, -121.50444 · Directions
Worth the stop nearby
- Sacramento — steps awayThe Gold Rush river port that became the state capital, and jacked itself ten feet into the air to stop drowning.
More markers nearby
- Site of Orleans Hotel — steps away
- Pioneer Telegraph Station — steps away
- D. O. Mills Bank Building — steps away
- Western Hotel — steps away