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National Bank Notes > North Dakota

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Bismarck, City NB, W9622
Fr. 601 $5 1902PB
Grade: PMG VF 30 EPQ    

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Bismarck was the home to six national banks and the City National Bank was the last of the large size issuers. This bank was chartered on November 12, 1909 and was placed into receivership on October 18, 1926. This beauty is one of six large notes reported on the bank and it's the best. Very lightly stamped signatures. Bismarck, located on the east bank of the Missouri River, is the capital of North Dakota and the county seat of Burleigh County. It is the second most populous city in North Dakota after Fargo. The city's population was 61,272 at the 2010 census. The city was formed in 1872 as "Edwinton" after Edwin Ferry Johnson, a chief engineer for the Northern Pacific Railway company. The name was changed less than one year later (on July 17, 1873), honoring German chancellor Otto von Bismarck, in an effort to attract German immigrants. The discovery of gold in the nearby Black Hills in 1874 was the real impetus for growth. Bismarck became a freight-shipping center on the "Custer Route" from the Black Hills. In 1883, Bismarck became the capital of the Dakota Territory (when it moved from Yankton) and, in 1889, capital of the state of North Dakota. The first hospital for the Dakota Territory, Saint Alexius, was founded there in 1885. The 19-story state capitol building in Bismarck is one of only four tower-style capitols in the US. An observation floor at the top provides a panoramic view of Bismarck and the Missouri River Valley. Bismarck is the site of the state penitentiary, Bismarck State College, and the University of Mary.

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