Crowds Demand Money From Spring Street Bank
Los Angeles Times file photo
The All Night and Day Bank, Spring and 6th Streets, c. 1911.
May 3, 1910: You may recall the All Night and Day Bank from a 2009 post. For reasons that aren’t explained in this story, depositors began a run on the bank and in the days before the FDIC this could mean failure. The run ended the next day, after 36 hours, and the bank remained solvent despite the withdrawal of about $100,000. The Times said.