---

National Bank Notes > North Dakota

---

---

Oakes, NB, 6988
Fr. 624 $10 1902PB
Grade: PMG VF 30    

---

This was the second national bank in Oakes. Organized on March 24, 1903 and issuing 5,232 sheets of large size notes before going into receivership on September 4, 1926. This note is new to the census which is now at six large notes reported. This example is high quality, well centered and with great color as well as lovely pen signatures of S.W. Slocum, Vice President and H.J. Edman, Cashier. Oakes is located in Dickey County on the southern border of the state; the population was 1,856 at the 2010 census. Platted in 1886, Oakes had its beginnings as an important stagecoach and railroad station, taking its name from Thomas F. Oakes, President of the Northern Pacific Railroad. The post office was established December 6, 1886 with Floyd Hineman as Postmaster. It incorporated as a city in 1888, and its first mayor was its most famous citizen, Thomas Frank Marshall (1854-1921), later a United States Representative. Oakes became a railroad hub when the Chicago & Northwest Railroad arrived in 1886 and the Soo Line Railroad mainline was built here in 1887. A peak population of 2,110 was reached in 1980.

---