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National Bank Notes > North Dakota

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Valley City, American NB, W5364
Fr. 545 $10 1882DB
Grade: PMG Ch. Fine 15 Net    

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This note is one of three 1882 $10 Date Backs reported from this early charter that liquidated in 1919. The stamped signatures of James Grady, President and H.C. Aamoth, Cashier are very faint. There is a tiny discoloration on the upper left corner that is tough to see. PMG notes: discoloration. Valley City is the county seat of Barnes County; the population was 6,585 at the 2010 census, a peak population of 7,843 was recorded in 1970. Founded by the Northern Pacific Railroad in 1872, this place was called Second Crossing of the Sheyenne, Fifth Siding, and Wahpeton before the year was over. In 1874 it was named Worthington, but confusion with Worthington, Minnesota resulted in another name change to Valley City, descriptive of its location in the Sheyenne River valley. Valley City was incorporated as a village in 1881, and became a city in 1883 with C. A. Benson as mayor. The city is known for its many bridges over the Sheyenne River including the Hi-Line Railroad Bridge. These bridges have earned it the distinction of being called the "City of Bridges". The city is also the home of Valley City State University, established here in 1890. Frank White, 8th Governor of North Dakota and Treasurer of the United States, and George Mason, founder of the American Motors Corporation, were natives of Valley City.

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