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National Bank Notes > North Dakota

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Sharon, First NB, 9005
Fr. 1800-2 $5 1929T2
Grade: PMG VF 30 EPQ    

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This is the best of the three examples we have on this bank. It's a very nice Type 2 and one of only 71 $5 Type 2s printed. Printed signatures of officers O.H. Olson, President and M.W. Duncan, Cashier. Sharon is located in Steele County; the population was 96 at the 2010 census with a peak population of 371 in 1940. Sharon was originally a farm post office established August 6, 1889 with Anna Wilcox Duncan as Postmaster at the farm home of her husband, Peter T. Duncan. Mrs. Duncan submitted the township name after postal officials had rejected Trenton and Wilcox. The name Sharon was transferred from Sharon, Wisconsin, which was in turn named for Sharon, New York. In 1896 the Great Northern Railroad founded a townsite just southwest of the Duncans and the post office moved there, with a retention of the name. The village incorporated in 1908, and became a city in 1966 with Alfred Klabo as first mayor. Native sons of Sharon include Albert Paulsen, the inventor of the spring and valve action used on modern trumpets and cornets.

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