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National Bank Notes > North Dakota

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Marion, First NB, W9161
Fr. 652 $20 1902PB
Grade: PMG VF 20 Net    

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A rare one-bank town in La Moure County. The bank was organized on April 30, 1908 and proceeded to issue 2,088 sheets of $5, $10 and $20 Plain Backs. They went into receivership on March 19, 1926 after some 14 years in business; apparently those were some tough times for North Dakota bankers. This note is evenly circulated with a couple of tiny nicks. Pen signed by Harold A. Crossman, Cashier who presumably stamped the signature for W.C. McDowell, President. PMG notes: small tears. Marion is located in La Moure County. The population was 133 at the 2010 census. The city was founded in 1900 as Elmo, but changed its name to Marion in 1902. The new name came Marion Mellen, daughter of Northern Pacific Railway president Charles Sanger Mellen. Marion was located at the end of a Northern Pacific branch line starting in Casselton and known as the "lady line" due to the many cities bearing female names located alongside the tracks. The village incorporated in 1911 with Dr. L. W. Myers as mayor, and a peak population of 309 was reached in 1960.

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