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National Bank Notes > North Dakota

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Grafton, NB, W3096
Fr. 639 $20 1902RS
Grade: PMG VF 20 Net    

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This was Grafton's second chartered national bank and both came early enough to issue Territorials, but there are no survivors. In fact, this is the earliest type known and 2,100 sheets were printed. This note is graded VF 20 Net (residue) and the spot must be small. Excellent paper quality and strong red color as well as strong signatures, likely printed, of F.R. Fulton, President and D.C. Moore, Cashier. PMG notes: residue. D.C. Moore, born in 1851 in Lewis county, New York, came to Iowa in 1872 and engaged in the real estate business there until 1875. He then followed the practice of law until 1879, and was elected sheriff of the county, serving until 1881. He resigned his office to go to Grafton, North Dakota, and began work at the Grafton National Bank, where he eventually became president. Grafton is the county seat of Walsh County. As of the 2010 Census, the city of Grafton had a population of 4,284, making it the thirteenth largest city in North Dakota; a peak population of 5,946 was recorded in 1970. In 1879 Thomas Cooper built the first structure on the Grafton site, naming the town after the county in New Hampshire, and securing the first post office for the area. In1881, Grafton incorporated as a village. On August 20, 1881 Walsh County was organized with Grafton designated as the county seat. The village became a city in 1883 with Stewart Cairncross as mayor, and the State Institute for the Feebleminded was founded here in 1903 with Dr. L. B. Baldwin as Superintendent. Grafton's Carnegie Regional Library opened in 1897 and is North Dakota's first public library. Built in 1907 and large enough for a priest and two altar servers, Grafton's St. Joseph's Chapel is one of the smallest chapels in America. Mass is held there once a year.

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