---

National Bank Notes > North Dakota

---

---

Valley City, Security NB, 11417
Fr. 658 $20 1902PB
Grade: PMG VF 20    

---

This bank was chartered in August 1919 and it issued 5,522 sheets of large size notes under this title which has six large notes reported. They also issued 19 sheets under the bank's second title, First & Security National Bank, which was adopted on July 16, 1928. This note is a pleasing VF 20 with what may be the heaviest stamped signatures I have seen. Those signatures are of James Grady, President and E.L. Fouks, Cashier. This was Valley City's fourth national bank. Valley City is the county seat of Barnes County; the population was 6,585 at the 2010 census, a peak population of 7,843 was recorded in 1970. Founded by the Northern Pacific Railroad in 1872, this place was called Second Crossing of the Sheyenne, Fifth Siding, and Wahpeton before the year was over. In 1874 it was named Worthington, but confusion with Worthington, Minnesota resulted in another name change to Valley City, descriptive of its location in the Sheyenne River valley. Valley City was incorporated as a village in 1881, and became a city in 1883 with C. A. Benson as mayor. The city is known for its many bridges over the Sheyenne River including the Hi-Line Railroad Bridge. These bridges have earned it the distinction of being called the "City of Bridges". The city is also the home of Valley City State University, established here in 1890. Frank White, 8th Governor of North Dakota and Treasurer of the United States, and George Mason, founder of the American Motors Corporation, were natives of Valley City.

---