The Palace in Long Beach opened in 1916 under the management of William Fahey, who would have his hand in many other theatres in Long Beach, including his most well known, the State.
The photo here is from the Los Angeles Public Library. It's Fahey (on the left) out in front of his lovely new theatre with a sign vendor. A click on the photo will get you to a larger view on the Library's website.
The Palace went through lots of changes of ownership and finally closed in the 80s. There are more views, including some of its art deco makeover, in the page on the Palace Theatre that I just put together.