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In 1916 W. M. Baird was elected head of the American National Bank and Granite Savings Bank. He had come from Darling, Wisconsin, joined the gold rush, where he succeeded, and enterred the bank business at Deadwood and Buffalo Gap in the Dakots. In 1888 he moved to Sundance, Wyoming and operated the famous "21" ranch near Gillette, which he purchased. He came to Southern California in 1910 and bought the Mt. Olivet ranch in Duate, a 81 acre orange ranch. "He entered actively into the business life of Monrovia, becoming a stockholder and director in the American National Bank of Monrovia and president of the bank when it was changed to the National Bank of Monrovia which office he relinquished to A. I. Mellenthin in 1919, although maintaining an active participation in the management of the institution until his death September 29, 1924. He was also president of the Granite Savings Bank while occupying the head office of the National Bank of Monrovia." John L. Wiley, Hisotry of Monrovia, 1927, p 277-278.