Historic Sites and Points of Interest in Nevada County
A plaque by the entrance reads:The Flagg Building
Built in 1856 on the site of the U.S. Hotel, this brick edifice has served Nevada City as the Council Chamber, Schreiber's and since 1957 Eddie Furano's Bank Club. Here at Schreiber's Felix, the marvelous mysterious music box thundered Strauss waltzes and 'Carmen' to generations with custom and good cheer.
Dedicated October 7, 1989 by Wm. Bull Meek - Wm. Morris Stewart Chapter No. 10, E Clampus Vitus
The Flagg Building contributes to the Nevada City Downtown Historic District which was added to the National Register of Historic Places in 1985. The following description is excerpted from the NRHP nomination for the district:
Eddy's (Schrieber's Corner) is one of the oldest buildings in Nevada City. This two-story brick has changed little over the years. It was originally a three-story building, but when the fire of 1863 destroyed the roof and gutted the interior, the brick shell was rebuilt very much as it is today.
The first floor is a large bar, dining room, and kitchen. The current exterior restoration of this part of the building is being done to conform as closely as possible to a 1915 photograph. The second story, being converted from a residential hotel to bed and breakfast facilities, features the tall, narrow window openings with contrasting arched window cap on both the Broad Street front and along the Pine Street side, characteristic of Italian Renaissance style. These windows have their original iron shutters. The strong cornice line is supported by heavy brackets and topped by a pedimented gable.
The NRHP nomination and the Clamper marker disagree on the spelling of two names: Schreiber versus Schrieber and Eddie versus Eddy. I do not know which spellings are correct.