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National Bank Notes > North Dakota

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Milnor, First NB, 8280
Fr. 1801-1 $10 1929T1
Grade: PMG VF 25 Net    

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It's pretty surprising to have 12 small notes reported from this small bank that only printed 180 sheets of notes. One would expect some to be from a sheet saved or an UNC run but neither are the case. Printed signatures of E.B. Johnson, President and A.W. Eastman, Cashier. Purchased from Cy Pherson, a wonderful Fargo dealer. PMG notes: minor thinning. Milnor is located in Sargent County in southeast North Dakota; the population was 653 at the 2010 census. Camp Buell State Historic Site is located here, the Sibley Expedition camped at the site July 3-4, 1863. In 1863 General Henry H. Sibley led an army across Dakota Territory, pursuing a group of Dakota who were believed to have participated in the Dakota Conflict of 1862. This town was founded in August 1883 after negotiations for more land had failed at Linton, three miles to the east. Everything in Linton was soon moved to the new terminus, which became Milnor. The post office was established October 18, 1883 with Thomas V. Phelps as Postmaster. As the temporary terminus of the Northern Pacific Railroad branch line from Fergus Falls, Minnesota, the settlement was designated as county seat in 1883, but lost that honor in 1886 to the centrally located townsite of Forman. Milnor incorporated as a village in 1884, and became a city in 1914 with L. W. Intlehouse mayor. The name was chosen by the Northern Pacific Railroad for two of its employees, William Milnor Roberts, the Chief Civil Engineer, and William E. Milnor, the local telegrapher. It is the oldest existing settlement in the county, and had a college for two years before it was relocated to Mayville. A peak population of 850 was reported in 1890.

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