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National Bank Notes > North Dakota

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Carrington, First NB, W5551
Fr. 581 $20 1882VB
Grade: PMG Ch. Fine 15    

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This was the only national bank in this Foster County community. The First National Bank was organized on July 6, 1900 and was in business until it was placed into receivership on March 26, 1928. Only 5,193 large size sheets were issued and to date this note, new to the census, makes only five notes reported. All previously reported notes were $10s, while this is a $20 Value Back. A nice looking circ that was pen signed by George Sankey Newberry, Cashier with a stamped signature of the vice president. Carrington, the county seat of Foster County, was named for Miles D. Carrington, developer. The population was 2,065 at the 2010 census. Henry A. Soliday, a respected judge and businessman, is credited with being the first settler here in 1882. A post office was established February 15, 1883 with Arthur C. Halsey as Postmaster. Like most North Dakota communities, Carrington can trace its development to the arrival of the railroad. By 1882 the Northern Pacific line ran through the unnamed prairie settlement. In 1883, Foster County was organized with Carrington and New Rockford competing for designation as the county seat. Ultimately, the county was divided in two and New Rockford became the county seat for Eddy County while Carrington became the county seat of Foster County. Carrington was incorporated as a city in 1900. The first Carrington High School graduates received diplomas in 1902. A municipal electric plant began in 1903. Nearby Camp Kimball State Historic Site, was the campsite of the famed Sibley Expedition in July 1863. The population has increased steadily, reaching a peak of 2,636 in 1980.

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