Talk:Joshua Green (businessman)

Latest comment: 4 years ago by Roket in topic People's Savings Bank

People's Savings Bank

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The year of Joshua Green's acquisition of People's Savings Bank is wrong. It was 1926, not 1925. The error came from this article's origins at HistoryLink, which presumably picked it up from its origin at Puget Sound Business Journal. I suspect that People's Savings Bank published an incorrect date in its corporate history prior to being purchased by US Bank in the 1980s.

Please see Seattle Times of August 4, 1926. Pages 1 and 16. It starts, "Joshua Green, capitalist and sole owner of the Joshua Green Building and other downtown real estate and president of Puget Sound Navigation Company, yesterday purchased for approximately $500,000 the shares of stock in the People's Savings Bank owned by the estate of the late E. C. Neufelder."

This 1926 article also calls into question the $200,000 purchase price quoted from HistoryLink.

Neufelder died in 1923. For two years Joseph Greenleaf, formerly purser, took over as president and also managed the estate of Neufelder. Greenleaf himself died in 1925, and then H. O. Penick took over as president.

Another bit worth exploring is the word "distressed" which was inherited from prior articles. "In 1925, Green purchased the distressed Peoples Savings Bank for US$200,000". In what sense was it distressed? The 1926 article about purchase doesn't mention anything about the bank being in difficult financial position. Presumably a living owner would benefit it, of course. Is there anything to the word "distressed"?

This Wikipedia article starts by describing Green's early years and connections to Gatzert and Furth. The description of People's Savings Bank would make a nice tie-back if it mentioned that the bank was formed in 1889 with officers Gatzert, Furth, and A. A. Denny. See Grant's History of Seattle, Washington, page 350. Roket (talk) 15:02, 5 December 2019 (UTC)Reply

Puget Sound Navigation Company

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Several sources (including our article Puget Sound Navigation Company) refer to him founding the PSNC in 1914. I'm not sure I can make sense of that: he was already in the business several decades by then. Perhaps this was some sort of reorganization? We should try to sort that out. - Jmabel | Talk 21:00, 16 October 2009 (UTC)Reply

this is little complicated, but it appears that Green and some others were doing business as La Conner Trading and Transportation Company before 1914, then merged with some competitors (keeping LCT&T as an operating division) to form Puget Sound Navigation Company. The corporate maneuvers, reorganizations and so forth are rather complicated, and it would take a special study to be able to track them all.Mtsmallwood (talk) 02:39, 17 October 2009 (UTC)Reply
Hmm, I'm pretty sure of what I said in the article that the merger with Charles E. Peabody's Alaska Steamship/Puget Sound Navigation Company (the "Black Ball" line) was 1903. As long as Green remained associated with the line, their Puget Sound boats flew a distinctive ensign designed by Green's wife, rather than the Black Ball ensign. (I didn't go into that in the article; I'm trying not to get into near-trivia like that until I can get the corporate relationships straight.) - Jmabel | Talk 19:32, 18 October 2009 (UTC)Reply
I'm not an expert on this, but it appears that there was a process that went on for a number of years, and the overall merger was more of a step by step situation.Mtsmallwood (talk) 23:37, 18 October 2009 (UTC)Reply

Personal details

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His wife was also very long-lived; she predeceased him by 24 days, passing at the age of 101. They had been married since 1901 -- 74 years. I want to add this to the article and also correct a couple of old links, but am still an editing newbie and presently can't figure out how to make the links show up correctly. In time I will do this, unless someone else takes it on. His obit in the Seattle Post Intelligencer in informative. http://blog.seattlepi.com/thebigblog/files/library/P-I_coverage_1-27-75.pdf A corrected link: http://new.joshuagreencorp.com/about/history/ GeeBee60 (talk) 15:04, 27 May 2015 (UTC)Reply

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