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National Bank Notes > North Dakota

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Sheyenne, First NB, W8886
Fr. 592 $5 1902DB
Grade: PMG Ch. Fine 15    

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This is the only 1902 Date Back known and it has a bit of a stain at the right, but it does have excellent pen signatures of H.P. Halverson, President and S.G. Severtson, Cashier. There are nine large notes reported on the bank and this is a nice example. Purchased from A.H. Garness, President of Farmers & Merchants Bank in Sheyenne, ND. Sheyenne is located in Eddy County; the population was 204 at the 2010 census. The name "Sheyenne" is derived from the nearby Sheyenne River, which was named after the Cheyenne Indians. The first explorers in the area misspelled the name, changing the "C" to an "S". Settlement began here in 1883, and the Northern Pacific Railroad reached the site in 1884. The railroad began regular operation to Sheyenne on August 6, 1885. The post office was established May 27, 1887 with John W. Richter as Postmaster. In 1897, Sheyenne began publishing its first newspaper, The Sheyenne Star. Sheyenne was incorporated as a city in 1926, and reached an official peak population of 469 in 1950, although unofficial counts were higher in the early 1900s.

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