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National Bank Notes > North Dakota

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La Moure, Farmers NB, W9714
Fr. 619 $10 1902DB
Grade: PMG VF 30 Net    

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This was the town's second national bank and was organized on March 1, 1910. During the ensuing 16 years the bank issued 7,735 sheets of large size before being placed into receivership on February 25, 1926. There are two miniscule rust spots on this otherwise nice looking note. Purple stamped signature of R.H. Murphy, President and pen signed by T.S. Hunt, Cashier. PMG notes: minor rust. T.S. Hunt was born in Martinsville, Illinois, on July 30, 1866. In 1888 he came to North Dakota, establishing his home in Sherbrooke, Steele county, teaching in the district schools for three years. At the end of that period he purchased the Steele County Tribune, a weekly paper published in Sherbrooke and edited the journal until 1895. In 1898 he returned to Steele county and the following fall was elected county auditor. In 1902 he became one of the organizers of the Sharon State Bank and accepted the position of cashier of the new institution, until 1908, when he was offered the cashiership of the Farmers State Bank at La Moure. This institution was nationalized in 1910 as the Farmers National Bank, Mr. Hunt remaining as the cashier. Mr. Hunt served for several years as a member of the city council of La Moure. La Moure is the county seat of La Moure County. The population was 889 at the 2010 census. The town was platted in October 1882 by the Wells-Dickey Land Co. as a station for the Northern Pacific Railroad, which came in 1883. It was named for Judson La Moure, who came to Dakota Territory from Quebec, Canada in 1860 before it was a territory, and served in the territorial and state legislatures until 1912. La Moure County, and the villages of Jud and Judson are also named for Mr. La Moure. The post office was established December 13, 1882 with Norris B. Wilkinson as Postmaster. It was designated as county seat in 1886, and incorporated as a city in 1905 with C. W. Davis mayor. A peak population of 1,077 was reached in 1980. La Moure was one of eight global transmission sites of the Omega Navigation System until its closure on September 30, 1997. Omega was the first truly global radio navigation system for aircraft, operated by the United States in cooperation with six partner nations including antennae locations in Norway, Trinidad, Liberia, Japan, Reunion, Argentina, and Australia. It enabled ships and aircraft to determine their position by receiving very low frequency (VLF) radio signals transmitted by a network of fixed terrestrial radio beacons, using a receiver unit. It became operational around 1971 and was shut down in 1997. The La Moure station is now used for VLF communication purposes of the US Navy.

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