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Signatories of the Banco Oriental de México


Juan Enrique Meyer

Meyer was appoined at the second board meeting on 4 January 1900AGN, SC224 Antiguos Bancos de Emisión, caja 818, libro 1488. He was required to give a surety for $20,000, in a policy provided by the American Surety Company's branch in Mexico City. 

Meyer handed in his resignation on 9 May 1901AGN, SC224 Antiguos Bancos de Emisión, caja 818, libro 1488 minutes of board 9 May 1901. Manuel Rangel, the cashier of the local branch of the Banco Nacional de México, and H. Evans, the manager of the branch of the Banco de Londres y México were mooted as his replacementEl Tiempo, Año XVIII, Núm. 5291, 19 May 1901.

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Manuel Rangel had been the cashier of the Puebla branch of the Banco Nacional de México, and was mentioned as the future manager of the Banco Oriental de México in November 1899El Tiempo, Año XVII, Núm. 4834, 2 November 1899 but he was appointed in late May 1901, after Meyer’s resignationLa Voz de México, 21 May 1901; La Patria de México, Año XXV, Núm. 7,353, 24 May 1901 and started work on 7 JuneEl Popular, 10 June 1901: Periódico Oficial, 21 June 1901.

In February 1908 Rangel was also appointed manager of the related bank, the Banco de Descuento EspañolEl Tiempo, Año XXV, Núm. 8194, 15 February 1908.

On 5 February 1914 it was discovered that the bank had for several years been the victim of a fraud. Placido Tapia, a book-keeper in the casa comercial of Juan Pérez Acedo and Antonio Duarte, businessmen who had a current account of $70,000, had forged their signatures on cheques and other documents and embezzled $20,000, $12,000 of which he had used to buy a house. When the fraud was discovered, Tapia fled the cityEl Diario, 10 February 1914. Rangel offered to resign and to put his assets at the bank’s disposal but the board did not accept, given his long and efficient serviceEl Independiente, 1 March 1914.

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Ricardo Serrano  was the cashier (cajero) but signed some 4,700 notes in June 1901AGN, SC224 Antiguos Bancos de Emisión, caja 1408, libro 1900 sig Serrano


F. Cortina

He signed notes dated from 1900 to 30 June 1901.

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Ramón Ramírez de Aguilar was appointed Jefe de Hacienda in Oaxaca in 1893 La Voz de México, 21 July 1893 and of Yucatán in July 1895La Patria, 31 July 1895. By March 1900 he was Jefe de Hacienda of Puebla El Tiempo, 18 March 1900 and as such served as an interim interventor.

He signed the balance sheet for 30 April 1901 and notes of four values ($5, $10, $20 and $50) dated 1 May 1901.

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Manuel González Pavón

In 1901 Manuel González Pavón and his wife Julia Martínez del Río (the daughter of the wealthy José Pablo Martínez del Río) bought the hacienda de San Miguel Acocotla for $80,000. His wife inherited the place after González Pavón’s deathArchivo del Registro Agrario del Estado de Puebla, exp. 325, Ejecución “La Mojonera”.

He signed the balance sheets from 29 June 1901 onwards and signed notes dated from 1 June 1901 to 1913.

He died on 6 January 1913.

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Ernesto Christlieb

He signed notes in 1914.

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ColladaManuel Rivero Collada was born in Asturias, Spain on 19 August 1862. In the late 1880s he emigrated to Puebla to oversee the businesses of his father-in-law, Alejandro Quijano y González and in 1898 he formed Quijano y Rivero, with the aim of exploiting the hacienda “El Mayorazgo”, which grew to become one of the most important textile factories in the country.

In 1900 Rivero Collada, with a group of fellow Spaniards, founded the Banco Oriental de México, becoming its president in 1902. In 1902 he was also involved in the establishment of the Banco de Oaxaca, which merged with the Banco Oriental in 1909. He was also a member of the Junta Directiva of the Banco Central Mexicano, an institution established in Mexico City to protect the interests of the regional banks and to act as a clearing house for the banknotes of the different banks.

In 1904 he formed another bank, the Descuento Español, of which he was principal founding shareholder and president of the Consejo de Administración. He was also president of the Consejo de Administración of the Banco Español Refaccionario, created in 1911.

He was Spanish vice-consul from 1903 until 1915.

At the start of the Revolution Collada’s financial interests and political connections, together with anti-Spanish sentiment, made him a target of the revolutionaries. On 26 April 1911 the workers in his textile factories accused him of using Banco Oriental funds to support the Porfirista candidate for governor, Rafael Isunza, and in August 1911 he was accused of helping Bernardo Reyes in his opposition to Madero. He was again accused of involvement in politics, despite being a Spaniard, and mistreatment of his workers on 6 November 1914 and had to seek the help of the new governor, Francisco Coss, to stop the investigation.

With the Banco Oriental closed and about it have its concession cancelled, at the beginning of 1916 Rivero Collada returned to Seville, Spain, where he started new busineses and acquired the title of Conde de la Mesada. After the Revolution he managed to recover some of his properties in Mexico and the Banco Oriental and the Banco Refaccionario restarted operations, though they closed in the 1930s.

Rivero Collada died in Seville on 23 November 1927.

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Leopoldo Gavito signed the first 400 $5 notes of the bank.

Leopoldo Gavito ran his family businesses in Puebla (a textile factory, corn mill and Santa Cruz Guadalupe ranch and the Hacienda de Zavaleta) and in Tlaxcala (La Tlaxcalteca and El Valor factories), as well as being a founder, shareholder and director of the Compañía Industrial de Atlixco, S.A. and owner of the large Metepec factory. But he also served as presidente municipal of  Puebla, almost continuously from 1894 to 1902.


Agustín de la Hidalga

The de la Hidalga were some of the wealthiest hacendados in the state, since they had large estates in Atlixco and Matamoros that produced highly valued products, such as sugar cane which was turned into panela, sugar and alcohol in their own mills.

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Matias Rivero  
José Villar Parás sig Villar
Alberto de la Fuente Cabrales sig de la Fuente

Angel Solana Alonso was born in 1856 in Bustablado, Santander. He amassed a fortune through investing in textiles in Puebla and Tlaxcala.

He was also the third most important shareholder in the Banco Español Refaccionario, with 3,200 shares, behind Manuel Rivero Collada and Manuel Rangel who had 4,000 each.

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Vicente Gutiérrez Palacios had agricultural properties but above all represented the interests of Alejandro Quijano, who had returned to his native Spain without liquidating his important business in Puebla (the textile factory "El Mayorazgo", with its huge hacienda and its wheat mill) and in Oaxaca (where his company mainly operated the trade of imports and exports and cabotage between Pacific ports). sig Gutierrez
Valentín Gómez sig Gomez

Santos Letona Rueda was the son of Santos López de Letona y Apoita who came from  Bilbao, Vizcaya, Spain and was of the first to invest in textiles, setting up the “La Josefina” factory in Zacatelco. In 1888 with Santiago Aréchaga and José Alvarez Valenciano, he formed “S. Letona y Compañía”, which ran the Zacatelco factory and another, “La Concepción”, as well as holding shares in the Compañía Industrial de Atlixco, owners of the textile factory at Metepec. He sold his goods through the almacén “La América” in Puebla.

López de Letona was also a shareholder in the Banco Español Refaccionario.

Santos returned to Spain around 1890 but continued to run his businesses in Mexico, first through his son-in-law Santiago Aréchaga, and later though his sons, Santos and Emiliano de Letona y Rueda.

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Ramón Gavito Noriega

Leopoldo Gavito Urdapilleta was the son of Florencio Gavito, a Spaniard originally from Piedra, Asturias. In 1883 Florencio Gavito, with Leopoldo, founded the firm F. Gavito e hijo, to exploit the mill and factory of Santa Cruz Guadalupe, in Cholula, Puebla, which Florencio had been involved in since 1870. In addition the company acquired the textile factories “El Valor” and “La Tlaxcalteca”. When Florencio died in 1893, Leopoldo took over these businesses and expanded them. He became a shareholder and director of the Compañía Industrial de Atlixco, owners of the textile factory at Metepec, inaugurated in September 1902.

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Adrian Renaud sig Consejero h
J. Mariano Bello sig Consejero i
José Desdier sig Consejero o

J. Arechaga 

[a Santiago Arechaga was a director]

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Francisco Lozano Z. sig Consejero z

Jacobo Lucas Grandison, from an important family of Scottish origins, had interests in cotton and mining.

In 1902 Grandison organised the Compañia Minera de Etla, S.A.Its consejo de administración was controlled by Grandison, Federico and José Zorrilla Tejada, Francisco Gómez Trápaga, Gildardo Gómez, Guillerrmo Tnnker and Feliciano Hazas. Other shareholders included Juan Antonio del Valle, Luis G. Bellon, Francisco,Enrique and Manuel Zorrilla Tejada, Josefa Tejada viuda de Zorrilla, Luis Bustamante, Juan and José Gómez Trápaga, José Sainz Trápaga Granja, Ignacio Morales y Benítez, Manuel Rivero Collada, Francisco M. Conde, Antonio Quijano y Quijano, Agustín de la Hidalga, Alberto Díaz Ceballos and Miguel Benítez Noriega.

Eventually Grandison and the Zorrilla became involved in the oil industry in the state. In October 1905 Grandison organized a company the began drilling for oil around Puerto Angel, Oaxaca(The Mexican Herald, 5 October 1905; The Mexican Herald, 2 November 1905) The Compañia Petrolera de Puerto Ángel, S.A. had 28 shareholders, including Jacobo Lucas Grandison, Constantino Rickards, José, Federico and Enrique Zorrilla Tejada, Maximiliano Reimers, Gutflermo Metxueiro, Luis Bustamante, Manuel Rivero Collada, Antonio Quijano y Quijano, Agustín de la Hidalga, Ángel Díaz Rubln y Angel Solana. Its junta de vigilancia was composed of Jacobo L. Grandison, José Zorrilla and Francisco Gómez Trápaga, the manager was Guillermo Trinker and the book-keeper (tenedor de libros) Luis Benitez (El Popular, 8 July 1901).

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Isidro Couttolenc

The most impotant hatshop in Puebla was the Gran Sombrerería Francesa, founded in 1865 by Bartolomé Rebattu. During the Porfiriate it was run, in succession, by the firms “Esmenjaud y Couttolenc”, “Couttolenc y Esmenjaud”, “I. Couttolenc y Hermano” and “I. Couttolenc e hijos”. It sold imported goods as well as hats made in its own factory, which employed 38 workers in 1906Maurice Proal y Pierre Martin-Charpenel, L 'Empire des Barcelonnettes du Mexique, p. 50.

In 1896 Isidoro Couttolenc was a shareholder in A. Reynaud y Compañía, owners of Las Fábricas Universales, one of the most reputable clothing and novelty warehouses in Mexico City.