National Bank Notes > North Dakota
Lidgerwood, First NB, W5772
Fr. 581 $20 1882VB
Grade:
PMG VF 25
This bank, in Southeast North Dakota, is the first of three banks chartered there. Organized on March 29, 1901, they printed 7,858 sheets of large size. This pleasing $20 Value Back is new to the census and is the first of the type reported; a total of eight large notes are recorded. This is the fourth and best $20 Value Back known on the entire state. Excellent stamped signatures of Emil A. Movius, President and John H. Movius, Cashier. John H. Movius, a native of Germany, was born on the 24th of June, 1860. After nishing his education in Minnesota, he engaged in the machine business in Big Stone City, South Dakota, with his brother, Emil A. Movius, remaining in that connection from 1883 until 1887. In the latter year they arrived in Lidgerwood and established a machine business there. They also turned their attention to banking and subsequently organized the Movius Land & Loan Company. He was also vice president of the First National Bank of Lidgerwood and of the Farmers State Bank at Great Bend, president of the First National Bank of Veblen, South Dakota, and one time postmaster of Lidgerwood. Emil A. Movius, was president of the First National Bank of Lidgerwood and of the Movius Land & Loan Company. A native of Germany, he was born on the 5th of May, 1858. Emil A. Movius accompanied his parents to this country in 1867 and completed his education, which had been begun in Germany. After completing his education he turned his attention to agricultural pursuits. Subsequently he engaged in the implement business at Big Stone City for three years but in 1887 came to North Dakota and took up his residence in Lidgerwood, where he was engaged in the implement, furniture, livery and real estate business in connection with his brother, John H. Movius and later established a general mercantile business. He then concentrated his energies upon his real estate and banking interests. The Movius State Bank was organized in April 1896, by siblings Emil A., John H., William R., and Mary O. Movius. In 1901 Emil also established the First National Bank. Mr. Movius was also president of the German State Bank of Mott, North Dakota, and the Farmers State Bank of Great Bend, North Dakota. He devoted much of his time to the direction of the affairs of the Movius Land & Loan Company, of which he was the president. Emil A. Movius had two children: John W., who was connected with the First National Bank of Lidgerwood; and George W. Lidgerwood, Richland County, is in the Wahpeton metro area in the southeast corner of North Dakota. The population was 652 at the 2010 census. This town was founded in 1886 as the Great Northern Railroad and Soo Line Railroad built westward with nearly parallel lines. It was named for George I. Lidgerwood, the right-of-way agent for the Soo Line Railroad who platted the site. The post office was established March 2, 1887 with Jacob A. Rickert as Postmaster. The village incorporated in 1895, and became a city in 1900 with J. D. Mulloy mayor and a peak population of 1,147 was reached in 1950. Historical author Z'Dena Trinka (1893-1967) was born near here, and sculptor Ida Bisek Prokop Lee began her career in this city.
Current Bid:
$ 2,600.00
Estimate:
($ 2,000.00 - $ 4,000.00)