Unique In Small Size

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National Bank Notes > North Dakota

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Kenmare, First NB, 6064 #7
Fr. 1802-1 $20 1929T1
Grade: PMG AU 55 Net    

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This bank managed itself well enough to survive and print 98 sheets of small size, with this beautiful serial #7 being the sole survivor known. The note is graded 'Net' for a tiny, pinhead size rust spot and two or so pinholes. Printed signatures of officers David Clark, Jr., President and Preus Wilhelm Dahl, Cashier. PMG notes: rust, pinholes. David Clark, Jr., was born at Malta, Minnesota, May 28, 1880. He lost his hand when nine years of age and on this account he turned his attention to nancial interests. In young manhood he entered the employ of the Bank of Ortonville, with which he was connected for ve years. In 1902 he moved to McKinney, North Dakota, and established the rst bank at that place. After conducting it for three years he cast in his lot with the citizens of Kenmare in 1905 and was appointed cashier of the Security State Bank. In 1906 he and his associates purchased the First National Bank at Kenmare and consolidated the two institutions, which were continued under the name of the First National Bank, of which Mr. Clark was the cashier and eventually president. He was a director of the Norma State Bank of Norma and of the Tolley State Bank of Tolley. Mr. Clark was also treasurer of the Kenmare school district. Kenmare is located in Ward County in the Minot metro area. The population was 1,096 at the 2010 census with a peak of 1,712 in 1950. The first known settler in the vicinity was a Mr. Cartwright, who opened the first mine in the community in 1880. In 1891, Augustines Rouses began prospecting for coal in the area. As one of the first settlers, he served as postmaster for the town (then known as Lignite for the coal mines) until this death in a gunfight in 1896. The town then went nameless, until Kenmare was established in 1897. The community was named by the wife of a Soo Line Railroad official for Kenmare, Ireland (meaning "forever more"). The Kenmare post office was established April 30, 1897 with John H. Clapper as Postmaster. The village was platted in May 1899, and incorporated in December 1901.

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