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National Bank Notes > North Dakota

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Park River, First NB, 3436
Fr. 625 $10 1902PB
Grade: PMG Ch. VF 35 Net    

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Park River was an earlier settled town in Walsh County that had its bank chartered in 1886. They issued 410 sheets of Territorials but none are known. The bank also issued statehood notes, with 4,593 large size sheets printed. The bank continued through small size and the end of the national bank era. The quality of this note is gorgeous but there was some anotation poorly erased in the right margin. A vivid and beautiful example with pen signatures of Karl J. Farup, Vice President and K.D. Bennett, Cashier. PMG notes: erasure. Park River is located in Walsh County; the population was 1,403 at the 2010 census with peak population of 1,858 reached in 1980. This Great Northern Railroad townsite was founded in 1884 and named to note its location on the Park River. The post office was established September 15, 1884 with Charles Hatherly Honey as Postmaster. It incorporated as a village later that year, and became a city in 1896 with Hiram A. Libby as mayor. Fred Hultstrand was a professional photographer located in Park River. His photography helped document life in the U.S. state of North Dakota in the early 20th century. In 1962, the United States Department of the Treasury used one of the photographs that Hultstrand had collected as a basis for a stamp that commemorated the 100th anniversary of the Homestead Act. Other prominent early residents included Roger Allin, the 4th Governor of North Dakota, and Samuel Holland, who manufactured automobiles in Park River.

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