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National Bank Notes > North Dakota

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Reeder, First NB, W9684
Fr. 619 $10 1902DB
Grade: PMG Ch. Fine 15 Net    

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Reeder is in Adams County. It had one national bank that was chartered in March 1910 and issued 8,404 sheets of Blue Seals only. This note is graded 'net' for stains but honestly I can't see why as it's very pleasing with a pretty, even appearance. The penned signatures of J.S. Yost, Vice President and A.E. Johnson, Cashier are clear. PMG notes: stains. Reeder is located in Adams County; the population was 162 at the 2010 census; the peak population of 395 was reached in 1930. In 1907, two brothers, Albert and Charles Leff, founded and operated a post office, among other enterprises, one and one-half miles east of the present town of Reeder. The Chicago, Milwaukee, St. Paul and Pacific Railroad later platted the current townsite and named it Reeder for E.O. Reeder, Assistant Chief Engineer of the railroad. The Leff post office was relocated to the new town March 13, 1908, and the name Leff was used until July 1, 1908. Reeder is a stop along the old Yellowstone Trail, the first transcontinental automobile highway in the Northern United States. A strain of wheat developed by the North Dakota Agriculture Experiment Station has been named after the town.

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