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National Bank Notes > North Dakota

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Forman, First NB, 6474
Fr. 650 $20 1902PB
Grade: PMG VF 25 Net    

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Here is a small bank from Sargent County that issued very few notes with only 1,641 sheets printed in large size. Believe it or not, this new addition to the census is not the best note, that would be a #1 Red Seal. This is the only other large size note known. A nice example with a couple of minor stains that are hardly worth mentioning. Lovely penned signatures of R.L. Himebaugh, Vice President and J.P. Gunderson, Cashier. PMG notes: stains. Forman is the county seat of Sargent County, in southeast North Dakota. The population was 504 at the 2010 census, reaching a peak of 629 in 1980. The townsite was founded in 1882 at the exact center of the county with a station on the Soo Line Railroad. It replaced Milner as county seat in 1886, and was called "The Hub City." The first known settler in this township was L.L. Newman from New York, a graduate of Cornell University who came here in June 1882. The post office was established October 18, 1883 with William H. Groff as Postmaster. The community was named for Col. Cornelius Hageman Forman, who came here from Michigan in 1883 and donated land for the townsite. It incorporated as a village in 1889, and became a city in 1954. Forman is home of Sargent County Fair

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