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National Bank Notes > North Dakota

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McHenry, First NB, 8124
Fr. 599 $5 1902PB
Grade: PMG VF 25    

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This is one of two towns in Foster County to issue national bank notes and this was the only bank in McHenry. The bank was organized on February 1, 1906 and they issued 7,433 sheets of notes before being placed into receivership on July 3, 1929. There are four large notes reported on the bank. This is an excellent, problem free note that has clearly stamped signatures of H.S. Halvorson, President and E.M. Metz, Cashier. McHenry, located in Foster County, was named for E.H. McHenry, Chief Civil Engineer of the Northern Pacific Railroad. The population was 56 at the 2010 census. The town was founded in 1899 as the terminus of the Northern Pacific Railroad's Sanborn branch line. The McHenry End of Line Turn Around Loop is listed on the National Register of Historic Places. The post office was established November 24, 1899 with Knut Alfstad as Postmaster. The village incorporated in 1903, and reached a peak population of 398 in 1910.

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