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National Bank Notes > North Dakota

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Turtle Lake, First NB, W8821
Fr. 626 $10 1902PB
Grade: PMG Ch. Fine 15 Net    

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McClean County is the home to Turtle Lake and notes from the town's one bank are rare as hens teeth, or close. There were only 1,649 large size sheets printed to satisfy the banking demands, with the bank going into receivership on November 21, 1923. There are now two notes reported and both seem similar in grade but this one has numerous small splits around the edge. The penned signatures of J.M. Lierboe, President and Rinard Theodore Lierboe, Cashier are clear. PMG notes: splits. Turtle Lake is located in McLean County; the population was 581 at the 2010 census. It was originally a farm post office established January 25, 1886 with Peter Miller as Postmaster at his home. Although the post office was actually on the south shore of Lake Williams, it was named for Turtle Lake, three mile west-northwest of here, which was named for its shape. In 1903 the post office moved one mile southwest to the home of new Postmaster Christian Paulson. In 1905 the new Northern Pacific Railroad terminus station was founded, and after considerable competition and political maneuvering, the Turtle Lake post office moved to the townsite with a retention of the name. The small villiage of Wanamaker was actually moved building by building to the Turtle lake townsite in October 1905 as to be close to the railroad. Turtle Lake was incorporated as a village in 1916, and became a city in 1946 with Gus Samuelson as mayor. A peak population of 839 was reached in 1950. Turtle Lake is home of the "World Champion Turtle Races" and Rusty, the two-ton turtle located on the south side of Turtle Lake. Rusty the Giant Turtle was erected in 1995 in memory of Harold Hanson, a community leader, for the 90th anniversary of Turtle Lake.

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