Town Does Not Exist Only Two Notes Known

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National Bank Notes > Michigan

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St. Clair Heights, Michigan NB, M10632
Fr. 605 $5 1902ND
Grade: XF    

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This short-lived bank received its charter in 1914 and was gone like the wind on January 15, 1920. Only two notes have been reported to have survived from the scant 4,477 sheets printed. The town no longer exists...swallowed up by Detroit. This example is the best of the two reported notes and retains the top selvage from the sheet. The DeGood note realized $8,500 in active bidding. Bold signatures of James S. Holden, Vice President and Wm. H. Fowler, Cashier. The Dr. Wallace Lee Collection.

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