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National Bank Notes > North Dakota

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Neche, First NB, 11110
Fr. 632 $10 1902PB
Grade: PMG VF 30 EPQ    

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This town had one national bank and it was chartered in December 1917. They issued 3,841 sheets of large size notes, all $10 Plain Backs, and this is one of just two reported. This note is by far the better of the two notes known. A lovely VF 30 EPQ with great body, super quality and boldly black stamped signatures of F.P. Holmes, President and F.L. Lewis, Cashier. Neche is located Pembina County on the banks of the Pembina River just 1 mile from the Canadian border. The population was 371 at the 2010 census; a peak population of 615 was reached in 1940. The name is said to come from the Ojibwe word nidji, which means friend, neighbor, or one like myself. The closest community to Neche is Gretna, Manitoba, across the United States-Canada border. This was a rural post office established May 27, 1873 with John Otten as Postmaster. The post office closed October 29, 1873 and reopened December 6, 1875 with Joseph Daniels as Postmaster. In 1882 it moved one mile southeast to the new Great Northern Railroad townsite. The village incorporated in 1883, and became a city in 1954 with Howard Hughes as mayor. William L. Walton manufactured automobiles here 1902-1906. Well-known Neche residents include Henry Gurke, who was posthumously awarded the Medal of Honor by Franklin D. Roosevelt in World War II, and James Symington, former leader of the Exclusive Brethren.

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