---

National Bank Notes > North Dakota

---

---

Makoti, First NB, 11184
Fr. 1800-1 $5 1929T1
Grade: PMG Ch. Fine 15 Net    

---

This bank printed Type 1 (2,136 sheets) and Type 2 (312 sheets) $5s and there are only four notes reported from those printings. Net graded for a tear; being flat in the holder makes it hard to see. Printed signatures of August Peterson, President and E.V. Nelson, Cashier. PMG notes: tear. Makoti is located in Ward County, in the Minot metro area; the population was 154 at the 2010 census. The name was coined by townsite promoter Edward Kamrud from maakoti, a Mandan Indian word meaning largest of the earthen lodges. Edward Kamrud was the leader of a group of men who had visions of a town near the Fort Berthold Reservation. On July 12, 1911, the village of Makoti was platted and lots at the townsite were sold. The village incorporated in 1916, reaching a peak population of 276 in 1930. Makoti erected a municipal light plant in 1921 which supplied electricity to the residents. At first it supplied power only certain forenoons and until eleven o'clock at night which 2 blinks meant "No more lights tonight." By 1925 it was operating all night. Clarence Schenfisch organized the first Makoti Threshing Show in 1961, and that event has become a popular annual attraction for people throughout North Dakota.

---