Peder Sather was a scribe before he emigrated from Norway to New York in 1832. There, he worked as a servant and a clerk at a lottery office before opening an exchange brokerage. During the gold rush, he moved to San Francisco to help establish the banking house of Drexel, Sather & Church on Montgomery Street. Sather was a founder and a liberal benefactor of the University of California at Berkeley where he is memorialized by the Sather Gate and Sather Tower (the Campanile), three endowed...
