Lot #60 - Cavalier, First NB, 10116

National Bank Notes > North Dakota



Cavalier, First NB, 10116
Fr. 628 $10 1902PB
Grade: PMG VG 8     PMG
This small community bank, in Pembria County, was organized on November 24, 1911 and after issuing just 3,342 sheets it went into receivership on February 21, 1925. There are now only two notes reported, with this example showing some wear. W. Hodgson was president but his signature is gone, yet the pen signature of Cashier Geo. J. Grimm is clear. Cavalier is the county seat of Pembina County; the population was 1,302 at the 2010 census. Although they bear the same name, Cavalier is not located in nearby Cavalier County. Known over the years as Dewey, Douglas Point and Pennington, the community was named after C.T. Cavileer, the first postmaster. Cavalier was established in 1877 and in 1911 became the county seat of Pembina County. Cavalier, Langdon, Pembina and Walhalla form the area of the state known as the Rendezvous Region, an area bordering Canada and Minnesota in the northeast corner of North Dakota. In the 19th century, these four cities compromised the hub of trading. Native Americans and fur trappers and traders met at this unique area to sell and trade supplies. These annual meetings eventually spurred the name Rendezvous.
Current Bid: $ 2,100.00

Estimate: ($ 3,500.00 - $ 7,000.00)

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