First Public Offering
National Bank Notes > North Dakota
Kulm, First NB, 11069
Fr. 1801-1 $10 1929T1
Grade:
PMG VF 25
Here is a great find and one that surprises me because it is new to the census and the fourth small note reported, yet none have appeared publicly until now. The bank printed just 290 sheets before liquidating on August 1, 1931. A problem free and evenly circulated example with printed signatures of Christoph Hieb, President and William Michael Wilken, Cashier. Christoph Hieb was born in Hutchinson county, Dakota Terr., Nov 15, 1885. Moving with his parents to Kulm in his boyhood, he went from school to the assistant cashiership of a bank at Kulm, where he served his apprenticeship in nance. He soon moved up to president and otherwise engaged in general real estate and collections, had an important grain business with several elevators, and was a director of the State Bank of Logan County, at Gackle. He also had a large hardware, furniture and drygoods store at Kulm, under the rm name of Hieb & Anderson. Kulm, in La Moure County, was named after the city in Bessarabia, Russia. The population was 354 at the 2010 census. Kulm was founded in 1892 when the railroad arrived and it remained the western terminus of the Soo Line railroad until 1898 when it was extended west. The post office was established January 9, 1893 with Friedrich Buechler (1869-1904) as Postmaster. The Kulm Voluntary Fire Department was organized November 9, 1909. The City of Kulm had at this time purchased two chemicals and one hook and ladder cart. In 1949 the Civic Improvement Association bought the first fire truck including pumper and ladders. The city, which incorporated in 1906, reached a peak population of 742 in 1930. Angie Dickinson, the actress, was born here in 1936.
Current Bid:
$ 1,000.00
Estimate:
($ 1,250.00 - $ 2,500.00)