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National Bank Notes > North Dakota

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Kramer, First NB, 8029
Fr. 1801-1 $10 1929T1
Grade: PMG Ch. UNC 64    

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This was a small bank in Bottineau County that was chartered in January 1906 and has three large size notes reported, but none in this collection. This small size UNC is one of three discovered that appear to be similar in grade. The last appearance was a VG/Fine in September 2008 that sold for $4,025. This note came from Hickman-Oakes in 1984. Printed officer signatures of P.O. Holland, President and Walter H. Gjerdinger, Cashier. After all of the Bottineau banks went broke, Ch. #8029 moved to Bottineau and is still operating as the First National Bank & Trust Co., Bottineau, North Dakota. Kramer, located in Bottineau County, was founded in 1905 and named for a Soo Line Railroad surveyor. The population was 29 at the 2010 census. The post office was established August 15, 1905 with Alfred G. Chadbourn as Postmaster. Consideration was given to naming the site Crossroad City, but compound names were not allowed by government officials at the time, so Kramer was selected. The village incorporated in 1908 and reached a peak population of 220 in 1940.

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