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National Bank Notes > North Dakota

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Kramer, First NB, 8029
Fr. 625 $10 1902PB
Grade: PMG VF 20    

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This Bottineau County town had one national bank that was chartered in January 1906. They issued 1,443 sheets of large size notes, of which only three are known. This note is evenly circulated and has a strong pen signature by W.H. Gjerdingen, Cashier and they must have stamped the one for President P.O. Holland. Lot includes a piece of the bank's letterhead. Kramer, located in Bottineau County, was founded in 1905 and named for a Soo Line Railroad surveyor. The population was 29 at the 2010 census. The post office was established August 15, 1905 with Alfred G. Chadbourn as Postmaster. Consideration was given to naming the site Crossroad City, but compound names were not allowed by government officials at the time, so Kramer was selected. The village incorporated in 1908 and reached a peak population of 220 in 1940.

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