The bank was growing rapidly, and with it W.D.'s fortunes. In 1906 the bank bought the Southern California Savings Bank (which included J.H. Braly, J.M. Elliott, and W.C. Patterson as owners and directors). In 1908 a large advertisement for one of W.D.'s side investments was published in the Los Angeles Herald--The Tourist Auto Vehicle Company--Made in Los Angeles:
November 15, 1908 ad in Los Angeles Herald |
W.D. was also investing in real estate in the Wilshire corridor, and in 1907 he chose to build his new home on a lot there. As it looked in 1907:
3555 Wilshire Blvd. (at the corner with Ardmore) |
By 1925 the family moved to a new home in Beverly Hills. Located at 721 North Beverly Drive, it became a part of Beverly Hills' social scene. One major celebration occurred on Armistice Day in 1925. A statue "Hunter and Hounds" purchased by Mr. Longyear while vacationing in France in 1924 was unveiled on the front lawn. The statue honored WWI veterans at the Second Battle of the Marne. For years afterward, city visitors came to see the statue--tour buses made it one of their stops. The statue was later donated to the city and relocated to Beverly Garden Park along Santa Monica Blvd.
W.D. in 1910 |
Longyear was also an early backer of Douglas Aircraft, taking a significant stake in the company in 1927. At the time the main aircraft plant was just a few miles away in Santa Monica.
When Longyear sold the Wilshire Blvd. house, it was then occupied by Milnor Inc., a company known primarily for its Chinese rugs. Interestingly in 1936, a Los Angeles directory lists W.D. Longyear as a vice-president of Milnor, Inc.
Son Douglas went on to be an automobile dealer--he held the Packard franchise in Beverly Hills. W.D. and Ida passed away with a week of each other in March, 1941.
Thank you for this interesting history. W.D. also owned a ranch in the Owens Valley, the largest ranch there at the time. It was 6 miles south of Bishop on Collins Road, adjacent to my grandparents' property.
ReplyDeletePam Vaughan
Bishop, CA
Glad you liked it--and thanks for your Owens Valley addition.
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