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National Bank Notes > North Dakota

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Northwood, Citizens NB, W9754
Fr. 601 $5 1902PB
Grade: PMG VF 30    

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This Grand Forks County bank was chartered in May 1910, issuing 6,274 sheets of large size, as well as small size, before going into receivership on February 5, 1930. When the Sixth Edition Kelly came out there were only two large notes reported and now there are five. The overall quality isn't as nice as most VF 30s, but it is VF. The stamped purple signatures are faint. Northwood is a city in Grand Forks County and is part of the Grand Forks metro area. The population was 945 at the 2010 census. This was originally a farm post office established December 17, 1879 with Paul C. Johnson as Postmaster, who named it for the hometown of most of the area settlers, Northwood, Iowa. In 1882 it moved two miles east-northeast to the new Great Northern Railroad townsite. Northwood was platted by Thomas O. Hougen, who became the mayor when it incorporated as a city in 1892. A peak population of 1,240 was reported in 1980. Dan Leroy Clark Campbell published The Northwood Gleaner from 1899 until his death in 1966. Northwood has the highest percentage of Norwegian American ancestry in the United States.

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