First Large Note Publicly Offered

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National Bank Notes > Minnesota

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Proctor, Peoples NB, M11974
Fr. 607 $5 1902ND
Grade: XF     Lot size: 1    

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This was the town's second bank to be nationally chartered, which took place in 1921. Unfortunately, it barely made it for three years, closing in 1924. There have been no public offerings and this is the finest known example on the bank. The president's signature is clear but not the cashier's, and I don't have the correct bank directories to decipher them.

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