National Bank Notes > North Dakota
Drayton, First NB, W6225
Fr. 624 $10 1902PB
Grade:
PMG VF 30
This peach, which is new to the census, has outstanding color and paper quality. The plate date on this note is 20 years to the day earlier than the $5 listed here. Excellent purple stamped signatures of John R. Vestre, President and Harris Alfred Thom, Cashier, but with two small pinholes. Purchased in 1988 at the Red River Valley Coin Club Show. Drayton, located on the Red River, is a city in Pembina County; the population was 824 at the 2010 census. Drayton was originally known as Hastings Landing, named for the captain of a Red River steamboat. The settlement was an important boat landing located on the highest geographical point between present-day Grand Forks (ND) and Winnipeg, Canada. When settlers began arriving in April 1878, they renamed it Drayton for their hometown of Drayton, Ontario, Canada, which was in turn named for Drayton, England. The post office was established July 1, 1878 with Ezra A. Healy as Postmaster. In 1881 the first newspaper established with R.H. Young, editor and by 1882 the first church had been built. The Northern Pacific Railroad reached Drayton in 1887. The village incorporated in 1888, and became a city in 1896.
Current Bid:
$ 800.00
Estimate:
($ 800.00 - $ 1,600.00)