March 25, 1927
Los Angeles
C. D. Fabrick had just stepped into the Jefferson and San Pedro office of the Merchants’ National Trust and Savings Bank to begin his canvass of the theft and burglary situation in that part of the city. Therefore he thought there was a gag afoot when a booted Olde West cowboy type approached him, twirling a gun. “I’m a robbery and theft insurance underwriter,” said Fabrick, “what are you trying to do, kid me?” But Fabrick was not the butt of a joke but on the business end of a .45.
Fabrick, bank employees and customers were invited in thick Texas drawl to find themselves “a nice cozy spot on the floor” after which another bandit scooped $2,000 ($23,390 USD 2007) from the tills. They then lumbered out to a dust-covered touring car where a third bandit sat with a Winchester rifle across his knees. As the two egressed, one of the bandits held the door for an incoming customer and with true Texas courtesy drawled “It’s all right, lady. It’s all right. Walk right in.”
While bank manager R. E. Blaisdell was not in attendance for the show, he had been present for an east side Merchants’ bank shootout earlier in the year that left one policeman and one bandit dead.